Is Gilbert, AZ Expensive? Income, Cost of Living & Schools Explained

Is Gilbert, AZ Expensive? Income, Cost of Living & Schools Explained

What Is the Average Household Income in Gilbert, AZ?

According to the latest U.S. Census Bureau data (2023), the median household income in Gilbert, AZ, is $121,351. This number may fluctuate slightly based on newer statistics or specific neighborhoods within the city. The average household income is likely higher due to outliers in the data.

Gilbert has experienced rapid growth over the past decade, thanks to its strong job market, excellent schools, and expanding housing options. These factors contribute to its higher-than-average median income compared to both state and national figures.

How Many School Districts Are in Gilbert, AZ?

Gilbert is served by several school districts, with the Gilbert Public Schools (GPS) being the largest. For a detailed breakdown, check out this resource: School Districts in Gilbert, AZ.

Is It Expensive to Live in Gilbert, AZ?

Compared to the national average, Gilbert is a relatively expensive place to live, but it remains more affordable than other high-demand cities. Here’s a breakdown of the key cost factors:

• 🏡 Home Prices: The median home price in Gilbert often exceeds $500,000, significantly higher than the national average.
• 🏠 Rent: Expect to pay around $2,000 per month for a standard apartment.
• 💰 Cost of Living: Overall, living in Gilbert costs 15-20% more than the U.S. average, primarily due to housing expenses.
• 📝 Taxes: Arizona has moderate income tax rates and relatively low property taxes compared to other fast-growing states.
• 🛒 Utilities & Groceries: Costs for essentials align with the national average, though electricity bills can be higher due to the desert climate.

Is Gilbert, AZ, Worth the Cost?

While living in Gilbert comes with a higher price tag, it offers exceptional quality of life—top-rated schools, low crime rates, and a thriving community. For those seeking a family-friendly, safe, and growing city, Gilbert remains a top choice in Arizona.