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Gilbert

Learn about the people, housing, costs and businesses in Gilbert, South Carolina

Median Home$237,361
Median Rent$953/month
Population614
Leading IndustriesRetail · Construction · Agriculture & Mining18% retail
Home Value Growth⬆⬆⬆+23.5% over 2 years
Retirees22% of residentsnear the national average
Homeowners79% of occupied units
NotableTransit85/100 · excellent transit access
Gilbert
SC

Frequently Asked Questions

What are today's mortgage rates in Gilbert?

As of today, the 30-year fixed mortgage rate for Gilbert is approximately 7.000% (7.040% 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?

The median home value in Gilbert is $237k. The median monthly rent is $953. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Gilbert?

Home values in Gilbert have increased 23.5% over the past two years. This indicates a strong appreciation trend. 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?

Based on a typical all-in ownership cost of $922/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Gilbert is $72k/year.

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What industries drive the economy in Gilbert?

The largest employment sectors in Gilbert are public administration (20%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.