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Gibraltar, MI

Full City Profile · Michigan · Wayne County County

3.4 /5.0
B Good
4,937 Population 1,338/sq mi density
$88,682 Median Income $44,289 per capita
$212,300 Home Value $224,665 Zillow
$1,346 Median Rent 23.6% income on rent
51°F Avg Temperature 260 sunny days/yr
90 Violent Crime/100K 918 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$88,682 median income, 3.0% unemployment
A+
Affordability
5.0 / 5.0
$212,300 home value, $1,346/mo rent
F
Safety
1.0 / 5.0
90 violent crimes/100K
C+
Education
2.9 / 5.0
23.4% bachelor's degree or higher

Housing Overview

Median Home Value
$212,300
25% below
US avg: $281,900
Median Rent
$1,346/mo
16% above
US avg: $1,163/mo
Homeownership Rate
79.7%
22% above US avg (65.4%)
Total Housing Units
2,182
Median year built: 1976

Home Value by Source

Census Median
$212,300
Zillow (ZHVI)
$224,665
Median Sale Price
$155,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

79.7%
Owner-Occupied
20.3%
Renter-Occupied
80%
20%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent: $1,346/mo

Market Indicators (Redfin)

Median Days on Market
46 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
50.0%
of listings with price reduction
Price Per Sq Ft
$139
Active Inventory
2
homes for sale

Affordability & Housing Stock

Rent Burden
23.6%
of renters spending 30%+ of income on housing
24% below US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
79.7%

Complete Housing Data

Home Values

Census Median Value$212,300
Zillow Home Value (ZHVI)$224,665
Median Sale Price$155,000
Price Per Sq Ft$139

Rent

Census Median Rent$1,346
FMR Studio$807
FMR 1-Bedroom$891
FMR 2-Bedroom$1,113
FMR 3-Bedroom$1,419
FMR 4-Bedroom$1,588

Market

Days on Market46
Sale-to-List Ratio1.0%
Price Drops50.0%
Homes Sold3
Active Inventory2
Price Per Sq Ft$139

Ownership & Stock

Owner-Occupied79.7%
Renter-Occupied20.3%
Homeownership Rate79.7%
Total Housing Units2,182
Median Year Built1976
Rent Burden23.6%