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Gilbert Creek

Learn about the people, housing, costs and businesses in Gilbert Creek, West Virginia

Median Home$90,600
Median Rent$777/month
Population1,043
Leading IndustriesManufacturing · Agriculture & Mining22% manufacturing
Home Value Growth+1.1% over 2 years
Retirees25% of residentsabove average nationally
Homeowners78% of occupied units
NotableAffordable Market$91k median home · lower cost than 95% of the country
Gilbert Creek
WV

Frequently Asked Questions

What are today's mortgage rates in Gilbert Creek?

As of today, the 30-year fixed mortgage rate for Gilbert Creek is approximately 7.625% (7.686% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Gilbert Creek?

The median home value in Gilbert Creek is $91k. The median monthly rent is $777. Annual property taxes average $330. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Gilbert Creek?

Home values in Gilbert Creek have increased 1.1% over the past two years. The market has been relatively stable. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Gilbert Creek?

Based on a typical all-in ownership cost of $440/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $19k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Gilbert Creek is $52k/year.

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What industries drive the economy in Gilbert Creek?

The largest employment sectors in Gilbert Creek are agriculture and mining (25%) and manufacturing (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.