Gilbertsville, NY
Population 337 · New York
About Gilbertsville, NY
Gilbertsville is a small community located in New York with a population of 337 residents according to the latest US Census Bureau American Community Survey data. The median household income is $71,500 per year, which is 5% below the national median of $75,149. The median age of 45.4 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Gilbertsville features a median home value of $151,800, which is 38% below the national median of $244,900. This positions Gilbertsville in a moderately priced market relative to the rest of the country. Median monthly rent is $1,105, 5% below the national average of $1,163/month. Of the 194 total housing units, 81% are owner-occupied (118 units) and 19% are renter-occupied (28 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Gilbertsville shows an unemployment rate of 1.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Gilbertsville have an average one-way commute time of 35.8 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
42.4% of Gilbertsville 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 0.0% White, 0.0% Hispanic or Latino, 1.2% Black or African American, and 0.0% Asian residents, with 6.5% of the population being foreign-born.
How Gilbertsville Ranks in New York
Cost of Living in Gilbertsville, NY
Compared to national averages, Gilbertsville has a median household income of $71,500 (5% below the national median of $75,149). Home values average $151,800, which is 38% below the national median. Monthly rent at $1,105 is 5% below the US average of $1,163. Within New York, Gilbertsville's income is 26% below the state average of $96,987, and home values are 61% below the state median of $387,181.
Why Live in Gilbertsville, NY?
Gilbertsville offers affordable housing with a median home value of $151,800, below the US average of $244,900, and rent that’s lower than the national average at $1,105/month, and a strong job market with an unemployment rate of just 1.1%. Additionally, the city features a well-educated community where 42.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.8%, better than the national average.
Potential considerations include median household income ($71,500) that falls below the national average. However, Gilbertsville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Gilbertsville has a population of 337 with a median age of 45.4 years. Compare Gilbertsville with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Gilbertsville
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Prospect | 337 | $46,413 | $104,400 | Compare |
| Pine Hill | 339 | $84,531 | $316,200 | Compare |
| Chautauqua | 340 | $0 | $732,100 | Compare |
| Millport | 340 | $44,038 | $96,800 | Compare |
| Ellicottville | 342 | $88,333 | $277,600 | Compare |
| Redwood | 342 | $124,125 | $172,300 | Compare |
| Winthrop | 332 | $87,778 | $0 | Compare |
| Groveland Station | 343 | $77,039 | $138,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Gilbertsville
What is the population of Gilbertsville, NY?
The population of Gilbertsville, NY is 337 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in New York.
What is the median household income in Gilbertsville?
The median household income in Gilbertsville, NY is $71,500 per year, which is 5% below the national median of $75,149.
What is the median home value in Gilbertsville?
The median home value in Gilbertsville, NY is $151,800, which is 38% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Gilbertsville?
The median monthly rent in Gilbertsville, NY is $1,105, which is 5% below the national average of $1,163/month.
What is the unemployment rate in Gilbertsville?
The unemployment rate in Gilbertsville, NY is 1.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Gilbertsville, NY a good place to live?
Gilbertsville offers a moderate cost of living, affordable housing, and a strong job market. With a population of 337 and a median age of 45.4, the city appeals to established professionals and retirees.
How educated is Gilbertsville, NY?
42.4% of residents in Gilbertsville aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Gilbertsville?
Key cost-of-living indicators for Gilbertsville, NY: median home value is $151,800 (38% below national), median rent is $1,105/month, and median household income is $71,500. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Gilbertsville?
The poverty rate in Gilbertsville, NY is 6.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Gilbertsville, NY?
Gilbertsville's population is 0.0% White, 0.0% Hispanic or Latino, 1.2% Black or African American, 0.0% Asian, and 0.0% two or more races. 6.5% of residents are foreign-born.