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ZipNumbers

Michigan · Census place 32020

Gibraltar city, MI

Quick answer

Gibraltar city has 4,937 residents, ranking #181 of 745 places in Michigan. Median household income is $88,682, the median home is worth $212,300 and median gross rent runs $1,346 a month.

Population
4,937Gibraltar city residents
Median household income
$88,682Past 12 months, inflation adjusted
Median home value
$212,300Owner-occupied units
Median gross rent
$1,346Rent plus utilities, monthly
Median age
48.4 yrsAll residents
Homeownership rate
79.7%Owner-occupied households

What the numbers mean in Gibraltar city

Housing cost measured against local earnings.

A household earning the Gibraltar city median would spend about 18.2% 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 2.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.5% of residents and 79.7% 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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