At a Glance
Median Income
$76,250
$26,627 per capita
Home Value
$117,700
Zillow: $224,318
Median Rent
$730/mo
40.0% of income on rent
Bachelor's Degree+
17.1%
98.2% high school+
Unemployment
0.0%
34.0% poverty rate
Obesity Rate
44.0%
14.4% smoking rate
How Gilboa Compares to the U.S. Average
Each bar shows Gilboa's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Gilboa a Good Place to Live?
B+
3.6 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Gilboa residents earn a median household income of $76,250 , which is 1% above the national average of $75,149.
Per capita income is $26,627. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 34.0% of residents live below the poverty line. The area is home to 1,961 business establishments, including 190 restaurants.
Housing & Cost of Living
The median home value in Gilboa is $117,700 , 58% below the national median of $281,900.
Zillow estimates the typical home at $224,318. Median rent is $730/month, with 40.0% of renters spending more than 30% of income on housing. The cost of living index is 92.8 (100 = national average). The median home was built in 1950.
Education
17.1% of adults in Gilboa hold a bachelor's degree or higher
(49% below the national average).
98.2% have completed high school. Local schools score 6.3/10 in standardized testing.
Climate & Weather
Gilboa has an average annual temperature of 51°F (11°C).
Winters average 26°F in January while summers reach 74°F in July. Annual precipitation totals 38.7 inches.
Data Overview
People
Population225
Median Age24.6 yrs
Density1,731/mi²
Male / Female39% / 61%
Foreign Born2.7%
Veterans3.2%
Economy
B
Median Income$76,250
Per Capita$26,627
Unemployment0.0%
Poverty34.0%
County GDP$7,323M
Avg Weekly Wage$1,259
Housing
A+
Home Value$117,700
Rent$730
Ownership87.8%
Zillow$224,318
Housing Units91
Rent Burden40.0%
Health
Obesity44.0%
Diabetes10.2%
Smoking14.4%
Heart Disease5.7%
Premature Death8,447/100K
Climate
Avg Temp51°F
Rain38.7 in/yr
Elevation746 ft
Education
C
Bachelor's+17.1%
High School+98.2%
Graduate+8.8%
School Score6.3/10
Community
2024 VoteR 69% / D 30%
Commute24 min
Broadband90.2%
Internet Speed89 Mbps
EV Stations1
Libraries4
Did You Know?
Gilboa was founded in 1848.
The median home in Gilboa was built in 1950.
The nearest airport is Fort Wayne International (66 miles).
The Gini coefficient (income inequality) is 0.440 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
3.1% of the population has a disability.
There are 190 restaurants in the area.
The county recorded 6 fatal vehicle crashes.
91 declared natural disasters on record.