Iowa · Census place 30540
Gibson city, IA
Quick answer
Gibson city has 59 residents, ranking #922 of 1026 places in Iowa. Median household income is $50,500, the median home is worth $89,200 and median gross rent runs $825 a month.
- Population
- 59Gibson city residents
- Median household income
- $50,500Past 12 months, inflation adjusted
- Median home value
- $89,200Owner-occupied units
- Median gross rent
- $825Rent plus utilities, monthly
- Median age
- 47.5 yrsAll residents
- Homeownership rate
- 71.9%Owner-occupied households
What the numbers mean in Gibson city
Housing cost measured against local earnings.
A household earning the Gibson city median would spend about 19.6% 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 1.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.8% of residents and 71.9% 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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