Gilbert, Iowa Demographics & Population 2026
During the 2020–2024 ACS period, Gilbert, Iowa had a total population of 1,381, the 230th largest city in Iowa, with a median household income of $122,656, which is 63% higher than the state average. The poverty rate is 3.4%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 63% above the state average — one of the wealthiest communities in Iowa.
- An exceptionally low poverty rate of 3.4% — among the lowest in Iowa.
- 44.3% of adults hold a bachelor's degree or higher — top 10% in Iowa.
- Housing is very affordable with a home-value-to-income ratio of just 2.2x.
Gilbert Quick Facts
How Gilbert Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 1,300 | 1,381 | +6.2% |
| Median household income | $112,250 | $122,656 | +9.3% |
| Median home value | $267,200 | $274,600 | +2.8% |
How Gilbert Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 31 | National average: 61
Education
Educational Attainment (Adults 25+)
Gilbert Rankings in Iowa
Explore Iowa Rankings
Other Cities in Story County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Ames | 67,669 | $60,991 | 25.4% | $277,400 |
| Nevada | 6,983 | $75,094 | 9.9% | $182,400 |
| Huxley | 4,544 | $112,094 | 4.5% | $297,100 |
| Story City | 3,398 | $96,605 | 12.6% | $215,600 |
| Roland | 1,559 | $79,028 | 1.1% | $185,900 |
| Slater | 1,401 | $97,500 | 3.8% | $232,800 |
| Maxwell | 905 | $97,639 | 4.1% | $184,600 |
| Cambridge | 803 | $57,333 | 11.2% | $178,100 |
| Colo | 686 | $64,000 | 6.4% | $152,000 |
| Zearing | 566 | $74,167 | 15.4% | $158,800 |
Cities Similar to Gilbert
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| University Heights | 1,384 | $111,406 | $429,900 | 87.1% | 14.4% |
| Walford | 1,329 | $128,750 | $303,000 | 34.2% | 1.1% |
| Palo | 1,438 | $106,375 | $282,400 | 27.2% | 5.5% |
| Slater | 1,401 | $97,500 | $232,800 | 36.5% | 3.8% |
| Earlham | 1,528 | $115,086 | $267,600 | 32.1% | 4.7% |
Population Overview
Gilbert is a small community located in Iowa, within Story County. The total population is 1,381. It ranks as the 230th most populous out of 1,017 Census-designated places in Iowa.
Age Demographics
The median age in Gilbert is 43.9 years. This is 14% higher than the state median of 38.6 years.
Economy, Income & Housing
The median household income in Gilbert is $122,656. This is 63% higher than the state median of $75,059. It is also 52% higher than the national median of $80,734. The poverty rate stands at 3.4%. This is 69% lower than the state poverty rate of 11.1%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 4.1%. This is 15% higher than the state rate of 3.6%. The median home value is $274,600. Housing costs are 32% higher than the state median of $208,000. With a home-value-to-income ratio of just 2.2x, Gilbert is one of the most affordable housing markets in the area. 86.9% of occupied housing units are owner-occupied. This homeownership rate is 21% higher than the state average of 71.7%.
Race & Ethnicity
Gilbert has a predominantly White (non-Hispanic) population, comprising 87.2% of all residents. Hispanic or Latino residents account for 3.4%. The Black or African American population (0.1%) is well below the state average of 3.8%. The Hispanic or Latino population (3.4%) is well below the state average of 7.3%.
Education
44.3% of residents aged 25 and older hold a bachelor's degree or higher. This places Gilbert in the top 10% of all cities in the state for educational attainment. This is 41% higher than the state rate of 31.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 99.1%.
Data Sources & Methodology
All demographic data for Gilbert, Iowa is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,017 Census-designated places in Iowa. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Gilbert, Iowa?
Gilbert, Iowa has a population of 1,381 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Gilbert, IA?
The median household income in Gilbert is $122,656, which is 52% higher than the national median of $80,734.
What is the poverty rate in Gilbert, IA?
The poverty rate in Gilbert is 3.4%. This means approximately 47 residents live below the federal poverty line.
What is the racial makeup of Gilbert, Iowa?
Gilbert's population is 87.2% White, 0.1% Black, 3.4% Hispanic/Latino, and 2.8% Asian.
What is the median home value in Gilbert, IA?
The median home value in Gilbert is $274,600. The home-value-to-income ratio is 2.2x.
How educated is Gilbert, Iowa?
44.3% of adults (25+) in Gilbert hold a bachelor's degree or higher, and 13.5% hold a graduate or professional degree.