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Gibson City, IL

Full City Profile · Illinois · Ford County County

2.9 /5.0
C+ Fair
3,609 Population 1,556/sq mi density
$47,104 Median Income $33,010 per capita
$138,400 Home Value $169,709 Zillow
$802 Median Rent 33.5% income on rent
51°F Avg Temperature 275 sunny days/yr
152 Violent Crime/100K 396 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$47,104 median income, 5.2% unemployment
A+
Affordability
5.0 / 5.0
$138,400 home value, $802/mo rent
F
Safety
1.0 / 5.0
152 violent crimes/100K
C
Education
2.2 / 5.0
15.1% bachelor's degree or higher

Housing Overview

Median Home Value
$138,400
51% below
US avg: $281,900
Median Rent
$802/mo
31% below
US avg: $1,163/mo
Homeownership Rate
66.6%
2% above US avg (65.4%)
Total Housing Units
1,676
Median year built: 1956

Home Value by Source

Census Median
$138,400
Zillow (ZHVI)
$169,709
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

66.6%
Owner-Occupied
33.4%
Renter-Occupied
67%
33%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $802/mo

Affordability & Housing Stock

Rent Burden
33.5%
of renters spending 30%+ of income on housing
8% above US avg (31.0%)
Median Year Built
1956
Average age of housing stock: 70 years
Homeownership Rate
66.6%

Complete Housing Data

Home Values

Census Median Value$138,400
Zillow Home Value (ZHVI)$169,709

Rent

Census Median Rent$802
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Ownership & Stock

Owner-Occupied66.6%
Renter-Occupied33.4%
Homeownership Rate66.6%
Total Housing Units1,676
Median Year Built1956
Rent Burden33.5%