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ZipNumbers

Minnesota · Census place 23678

Gibbon city, MN

Quick answer

Gibbon city has 880 residents, ranking #380 of 914 places in Minnesota. Median household income is $53,148, the median home is worth $98,600 and median gross rent runs $872 a month.

Population
880Gibbon city residents
Median household income
$53,148Past 12 months, inflation adjusted
Median home value
$98,600Owner-occupied units
Median gross rent
$872Rent plus utilities, monthly
Median age
44.7 yrsAll residents
Homeownership rate
79.2%Owner-occupied households

What the numbers mean in Gibbon city

Housing cost measured against local earnings.

A household earning the Gibbon city median would spend about 19.7% 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 1.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 17.3% of residents and 79.2% 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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