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Gilman

Learn about the people, housing, costs and businesses in Gilman, Missouri

Median Home$89,300
Median Rent$708/month
Population344
Leading IndustriesFinance & Insurance · Manufacturing · Transportation7% finance & insurance
Home Value Growth⬆⬆⬆+43.8% over 2 years
Young Adults25% of residents
Homeowners80% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
NotableAffordable Market$89k median home · lower cost than 95% of the country
Gilman City
MO

Frequently Asked Questions

What are today's mortgage rates in Gilman?

As of today, the 30-year fixed mortgage rate for Gilman is approximately 6.913% (6.950% 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 Gilman?

The median home value in Gilman is $89k. The median monthly rent is $708. Annual property taxes average $741. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Gilman?

Home values in Gilman have increased 43.8% 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 Gilman?

Based on a typical all-in ownership cost of $646/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Gilman is $59k/year.

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What industries drive the economy in Gilman?

The largest employment sectors in Gilman are public administration (24%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.