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Gilberts

Learn about the people, housing, costs and businesses in Gilberts, Illinois

Median Home$348,051
Median Rent$1,811/month
Population8,486
Leading IndustriesTransportation · Arts, Food & Hospitality · Healthcare7% transportation
Home Value Growth⬆⬆+17.9% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners93% of occupied units
NotableHigh Incomes$139k/year · top 5% nationally
NotableHighly Educated29% bachelor's · 17% graduate · top 10% nationally
Gilberts
IL

Frequently Asked Questions

What are today's mortgage rates in Gilberts?

As of today, the 30-year fixed mortgage rate for Gilberts is approximately 6.923% (6.930% 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 Gilberts?

The median home value in Gilberts is $348k. The median monthly rent is $1,811. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Gilberts?

Home values in Gilberts have increased 17.9% 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 Gilberts?

Based on a typical all-in ownership cost of $2,171/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $93k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Gilberts is $139k/year.

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What industries drive the economy in Gilberts?

The largest employment sectors in Gilberts are public administration (21%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.