Gilcrest, CO
Population 987 · Colorado
About Gilcrest, CO
Gilcrest is a small community located in Colorado with a population of 987 residents according to the latest US Census Bureau American Community Survey data. The median household income is $66,771 per year, which is 11% below the national median of $75,149. The median age of 33 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Gilcrest features a median home value of $287,000, which is 17% above the national median of $244,900. This positions Gilcrest in a moderately priced market relative to the rest of the country. Median monthly rent is $1,900, 63% above the national average of $1,163/month. Of the 310 total housing units, 86% are owner-occupied (243 units) and 14% are renter-occupied (38 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Gilcrest shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 15.2%, above the national average of 12.4%. Workers in Gilcrest have an average one-way commute time of 42.1 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
5.9% of Gilcrest residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 68.2% White, 0.1% Hispanic or Latino, 0.0% Black or African American, and 4.4% Asian residents, with 16.4% of the population being foreign-born.
Cost of Living in Gilcrest, CO
Compared to national averages, Gilcrest has a median household income of $66,771 (11% below the national median of $75,149). Home values average $287,000, which is 17% above the national median. Monthly rent at $1,900 is 63% above the US average of $1,163. Within Colorado, Gilcrest's income is 25% below the state average of $88,514, and home values are 37% below the state median of $457,127.
Why Live in Gilcrest, CO?
Gilcrest offers a strong job market with an unemployment rate of just 0.0%.
Potential considerations include median household income ($66,771) that falls below the national average. However, Gilcrest’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Gilcrest has a population of 987 with a median age of 33 years. Compare Gilcrest with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Gilcrest
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Minturn | 987 | $113,519 | $1,083,000 | Compare |
| Upper Bear Creek | 980 | $185,574 | $1,026,900 | Compare |
| Hot Sulphur Springs | 977 | $90,221 | $376,600 | Compare |
| Bow Mar | 1,003 | $233,667 | $1,808,800 | Compare |
| Williamsburg | 963 | $54,886 | $218,300 | Compare |
| Mancos | 1,016 | $62,361 | $343,900 | Compare |
| Haxtun | 957 | $53,819 | $221,300 | Compare |
| Cheyenne Wells | 949 | $61,705 | $159,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Colorado
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Gilcrest With Other Cities
Frequently Asked Questions about Gilcrest
What is the population of Gilcrest, CO?
The population of Gilcrest, CO is 987 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Colorado.
What is the median household income in Gilcrest?
The median household income in Gilcrest, CO is $66,771 per year, which is 11% below the national median of $75,149.
What is the median home value in Gilcrest?
The median home value in Gilcrest, CO is $287,000, which is 17% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Gilcrest?
The median monthly rent in Gilcrest, CO is $1,900, which is 63% above the national average of $1,163/month.
What is the unemployment rate in Gilcrest?
The unemployment rate in Gilcrest, CO is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Gilcrest, CO a good place to live?
Gilcrest offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 987 and a median age of 33, the city appeals to young professionals and families.
How educated is Gilcrest, CO?
5.9% of residents in Gilcrest aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Gilcrest?
Key cost-of-living indicators for Gilcrest, CO: median home value is $287,000 (17% above national), median rent is $1,900/month, and median household income is $66,771. The home-value-to-income ratio is 4.3x, a moderate figure by national standards.
What is the poverty rate in Gilcrest?
The poverty rate in Gilcrest, CO is 15.2%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Gilcrest, CO?
Gilcrest's population is 68.2% White, 0.1% Hispanic or Latino, 0.0% Black or African American, 4.4% Asian, and 0.0% two or more races. 16.4% of residents are foreign-born.