Gibbon, Minnesota Median Income

Gibbon, Minnesota has a population of 740, with a median household income of $51,400.

Current median income data for Gibbon.

$51,400

👥

Population

740

💰

Median Income

$51,400

📉

Unemployment

4.10%

🏠

Housing Price

$135,000

🚨

Crime Rate

16.80

🌐

Internet Speed

100.00 Mbps

Gibbon is a small local community located in Minnesota. The city has a population that is below the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Minnesota, Gibbon provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Gibbon has a population of 740, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Gibbon is $51,400, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Gibbon is about $135,000, making it relatively affordable compared to many cities in Minnesota.

Employment and Safety

The unemployment rate in Gibbon is 4.10%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Gibbon are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Minnesota, Gibbon shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Gibbon offers a balanced mix of economic conditions, population trends, and housing opportunities within Minnesota.

Frequently Asked Questions about Gibbon

What is the population of Gibbon?

The population of Gibbon is approximately 740.

Is Gibbon a good place to live?

Gibbon offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Gibbon?

The median household income in Gibbon is around $51,400.

How expensive is housing in Gibbon?

The average housing price in Gibbon is approximately $135,000.