Gilbert, LA Profile: Facts & Data

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Gilbert, Louisiana - Basic Facts

The Village of Gilbert had a population of 504 as of July 1, 2020.

The primary coordinate point for Gilbert is located at latitude 32.0493 and longitude -91.6582 in Franklin Parish. The formal boundaries for the Village of Gilbert encompass a land area of 1.05 sq. miles and a water area of 0.02 sq. miles. Franklin Parish is in the Central time zone (GMT -6). The elevation is 75 feet.

The Village of Gilbert (GNIS ID: 2407463) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Gilbert is located within Parish Governing Authority District 3, a minor civil division (MCD) of Franklin Parish.


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Gilbert, LA Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 504 (100%)
Population in Households 501 (99.4%)
Population in Families 408 (81.0%)
Population in Group Quarters1 3 ( 0.6%)
Population Density 481
Diversity Index2 37
 
 

INCOME

Median Household Income $29,573
Average Household Income $49,822
% of Income for Mortgage4 12%
Per Capita Income $21,116
Wealth Index5 40
 

HOUSING

Total HU (Housing Units) 251 (100%)
Owner Occupied HU 147 (58.6%)
Renter Occupied HU 57 (22.7%)
Vacant Housing Units 46 (18.3%)
Median Home Value $84,375
Average Home Value $123,639
Housing Affordability Index3 222
 

HOUSEHOLDS

Total Households 205
Average Household Size 2.44
Family Households 133
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population -0.42% -0.77%
Households -0.28% -0.79%
Families -0.36% -0.92%
Median Household Income   -0.82%
Per Capita Income   0.14%
Owner Occupied HU   -0.55%

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Gilbert, LA - Peer Comparisons by Rank and Percentile

The table below compares Gilbert to the other 474 incorporated cities, towns and CDPs in Louisiana by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 374 21st
Population Density # 274 42nd
Median Household Income # 383 19th
Housing Affordability Index # 282 59th
Per Capita Income # 273 43rd
Diversity Index # 330 30th

Additional comparisons and rankings can be made with a VERY EASY TO USE Louisiana Census Data Comparison Tool.

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