Gilbertville, IA
Population 736 · Iowa
About Gilbertville, IA
Gilbertville is a small community located in Iowa with a population of 736 residents according to the latest US Census Bureau American Community Survey data. The median household income is $83,750 per year, which is 11% above the national median of $75,149. The median age of 40.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Gilbertville features a median home value of $187,500, which is 23% below the national median of $244,900. This positions Gilbertville in a moderately priced market relative to the rest of the country. Median monthly rent is $815, 30% below the national average of $1,163/month. Of the 343 total housing units, 88% are owner-occupied (292 units) and 12% are renter-occupied (40 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Gilbertville shows an unemployment rate of 2.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Gilbertville have an average one-way commute time of 18.8 minutes, one of the shorter commutes in the region.
Education & Demographics
26.3% of Gilbertville residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.8% White, 1.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Gilbertville, IA
Compared to national averages, Gilbertville has a median household income of $83,750 (11% above the national median of $75,149). Home values average $187,500, which is 23% below the national median. Monthly rent at $815 is 30% below the US average of $1,163. Within Iowa, Gilbertville's income is 23% above the state average of $67,947, and home values are 42% above the state median of $132,237.
Why Live in Gilbertville, IA?
Gilbertville offers a strong local economy with a median household income of $83,750, well above the national average, and affordable housing with a median home value of $187,500, below the US average of $244,900, and rent that’s lower than the national average at $815/month. Additionally, the city features a strong job market with an unemployment rate of just 2.9%, and a low poverty rate of 4.2%, better than the national average, and short commute times averaging just 18.8 minutes.
Gilbertville has a population of 736 with a median age of 40.3 years. Compare Gilbertville with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Gilbertville
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Denmark | 738 | $105,714 | $193,200 | Compare |
| Middle Amana | 739 | $96,211 | $251,500 | Compare |
| Morning Sun | 733 | $63,500 | $90,300 | Compare |
| Walker | 731 | $80,556 | $162,100 | Compare |
| Ainsworth | 723 | $67,115 | $110,300 | Compare |
| Quasqueton | 749 | $64,531 | $128,100 | Compare |
| Colo | 751 | $73,125 | $147,400 | Compare |
| Shellsburg | 752 | $69,750 | $184,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Gilbertville With Other Cities
Frequently Asked Questions about Gilbertville
What is the population of Gilbertville, IA?
The population of Gilbertville, IA is 736 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Iowa.
What is the median household income in Gilbertville?
The median household income in Gilbertville, IA is $83,750 per year, which is 11% above the national median of $75,149.
What is the median home value in Gilbertville?
The median home value in Gilbertville, IA is $187,500, which is 23% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Gilbertville?
The median monthly rent in Gilbertville, IA is $815, which is 30% below the national average of $1,163/month.
What is the unemployment rate in Gilbertville?
The unemployment rate in Gilbertville, IA is 2.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Gilbertville, IA a good place to live?
Gilbertville offers above-average incomes, affordable housing, and a strong job market. With a population of 736 and a median age of 40.3, the city appeals to a broad range of residents.
How educated is Gilbertville, IA?
26.3% of residents in Gilbertville 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 Gilbertville?
Key cost-of-living indicators for Gilbertville, IA: median home value is $187,500 (23% below national), median rent is $815/month, and median household income is $83,750. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Gilbertville?
The poverty rate in Gilbertville, IA is 4.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Gilbertville, IA?
Gilbertville's population is 0.8% White, 1.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.5% two or more races. 0.0% of residents are foreign-born.