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Illinois · Census place 29171

Gilberts village, IL

Quick answer

Gilberts village has 8,389 residents, ranking #255 of 1462 places in Illinois. Median household income is $119,719, the median home is worth $330,100 and median gross rent runs $1,852 a month.

Population
8,389Gilberts village residents
Median household income
$119,719Past 12 months, inflation adjusted
Median home value
$330,100Owner-occupied units
Median gross rent
$1,852Rent plus utilities, monthly
Median age
40.2 yrsAll residents
Homeownership rate
88.1%Owner-occupied households

What the numbers mean in Gilberts village

Housing cost measured against local earnings.

A household earning the Gilberts village median would spend about 18.6% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.7% of residents and 88.1% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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