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ZipNumbers

Minnesota · Census place 23714

Gilbert city, MN

Quick answer

Gilbert city has 1,693 residents, ranking #286 of 914 places in Minnesota. Median household income is $62,625, the median home is worth $116,200 and median gross rent runs $598 a month.

Population
1,693Gilbert city residents
Median household income
$62,625Past 12 months, inflation adjusted
Median home value
$116,200Owner-occupied units
Median gross rent
$598Rent plus utilities, monthly
Median age
49.5 yrsAll residents
Homeownership rate
85.3%Owner-occupied households

What the numbers mean in Gilbert city

Housing cost measured against local earnings.

A household earning the Gilbert city median would spend about 11.5% 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 9.8% of residents and 85.3% 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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