Cost of Living in Gilbert, AZ
Population: 271,118 • 2026 Data
$121,351
Median Household Income
+57% vs national
$2,028
Median Monthly Rent
+50% vs national
$518,600
Median Home Value
+53% vs national
3.3%
Unemployment Rate
Housing in Gilbert
The median home value in Gilbert, AZ is $518,600. Monthly rent for a typical unit averages $2,028, while total monthly housing costs (including utilities and insurance) average $1,908.
Rent-to-income ratio: 20.1%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Gilbert, AZ is $121,351. The unemployment rate stands at 3.3%, with a labor force of 146,061 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.