Economy in Gilbert, Arizona

Gilbert, Arizona is a beautiful town located in the south-east corner of the Phoenix metropolitan area. This vibrant community has a diverse population of over 250,000 people and offers many amenities for both visitors and residents alike. Local companies include Banner Health, GoDaddy, and Pinnacle Bank. Popular attractions are the Riparian Institute , Freestone District Park, and Discovery Park. Gilbert is known for having a lower than average cost of living when compared with other cities in the region. The average 2-bedroom rent is $2,270 which is significantly less than the US average of $1,430. Additionally, the Grocery Cost Index is 99 compared to 100 for the entire US. Overall Gilbert provides an affordable place to live with plenty of local attractions to explore!

Gilbert has an unemployment rate of 4.5%. The US average is 6.0%.

Gilbert has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 33.1%, which is lower than the US average of 33.5%.

Tax Rates for Gilbert
- The Sales Tax Rate for Gilbert is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Gilbert is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Gilbert
- The average income of a Gilbert resident is $31,546 a year. The US average is $28,555 a year.
- The Median household income of a Gilbert resident is $105,733 a year. The US average is $69,021 a year.

INCOME BY POPULATION PERCENT

ECONOMY	Gilbert, Arizona	United States
	4.5%	6.0%
	-2.0%	-6.2%
	33.1%	33.5%
	7.8%	6.2%
	3.4%	4.6%
	$43,155	$37,638
	$105,733	$69,021
	$117,512	$85,028
POPULATION BY OCCUPATION
	0.2%	1.2%
	0.3%	0.5%
	5.6%	6.8%
	10.4%	10.0%
	2.5%	2.5%
	10.8%	11.0%
	4.2%	4.8%
	0.5%	0.8%
	2.3%	1.9%
	8.8%	4.7%
	2.5%	1.9%
	8.4%	7.6%
	0.2%	0.1%
	3.5%	4.2%
	10.7%	9.3%
	12.9%	14.0%
	1.8%	2.1%
	6.3%	7.0%
	4.2%	4.8%
	3.8%	4.7%

ECONOMY MAP

Unemployment Rate (US Avg: 6%)

Median HH Income (US Avg: $53k)

Recent Job Growth (US Avg: 1.59%)

Income Less Than $15k (US Avg: 12.55%)

Income Greater Than $200k (US Avg: 5.03%)

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Reviews for Gilbert 40 Reviews

Thoughts from a Midwest Transplant - 5/27/2019
The reason I chose to write a review is because, while a few were indeed quite concise & accurate (looking at you, J.T.), some were astonishingly biased and/or isolated... Read More

Marcus | Gilbert, AZ | Reply | 6 Replies

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Lived in Gilbert for 4 years now & love it - 6/29/2018
Great community for families, couples, retirees and anyone looking for a safe, friendly, clean suburb with shopping, restaurants and a growing economy. The Town... Read More

J T | Gilbert, AZ | Reply | No Replies

Gilbert AZ a wonderful place to live - 4/12/2017
A family friendly town with great schools and low crime. The people are friendly, there's plenty of shopping, and easy commute to Phoenix etc. We have experienced a... Read More

Lori | Gilbert, AZ | Reply | No Replies

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ZIP CODES IN GILBERT, ARIZONA

85234 85295 85296 85233 85297 85298

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