Gilmore City, IA
Population 663 · Iowa
About Gilmore City, IA
Gilmore City is a small community in Iowa with a population of 663 residents. The median household income is $51,250 per year, which is near the national average. The median age in Gilmore City is 36.3 years.
Housing in Gilmore City has a median home value of $82,700 and median monthly rent of $654. Of the 299 total housing units, the majority are owner-occupied, with 204 owner-occupied and 78 renter-occupied units.
The unemployment rate in Gilmore City is 1.3% and the poverty rate is 15.7%. 14.6% of residents hold a bachelor's degree or higher. The average commute time is 16.8 minutes.
Cost of Living in Gilmore City, IA
Compared to national averages, Gilmore City has a median household income of $51,250 (32% below the national median of $75,149). Home values average $82,700, which is 66% below the national median. Monthly rent at $654 is 44% below the US average of $1,163. Within Iowa, Gilmore City's income is 25% below the state average of $67,947, and home values are 37% below the state median of $132,237.
Why Live in Gilmore City, IA?
Gilmore City offers affordable housing with a median home value of $82,700, below the US average of $244,900, and rent that’s lower than the national average at $654/month, and a strong job market with an unemployment rate of just 1.3%. Additionally, the city features short commute times averaging just 16.8 minutes.
Potential considerations include median household income ($51,250) that falls below the national average. However, Gilmore City’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Gilmore City has a population of 663 with a median age of 36.3 years. Compare Gilmore City with other cities to see how it stacks up, or explore all cities in Iowa.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Gilmore City
What is the population of Gilmore City, IA?
The population of Gilmore City, IA is 663 according to the latest Census data.
What is the median household income in Gilmore City?
The median household income in Gilmore City, IA is $51,250 per year.
What is the median home value in Gilmore City?
The median home value in Gilmore City, IA is $82,700.
What is the average rent in Gilmore City?
The median monthly rent in Gilmore City, IA is $654.
What is the unemployment rate in Gilmore City?
The unemployment rate in Gilmore City, IA is 1.3%.