Gilbert real estate is affected by many factors. Factors affecting Gilbert real estate include local and metro; demographics, economy, climate, education and lifestyle. Gilbert, Arizona is located in the Southeast Valley of Metropolitan Phoenix, Arizona. Gilbert, Arizona is located approx 30 minutes from downtown Phoenix. It is bordered to the north by Mesa, Arizona, to the west by Chandler, Arizona to the east by Queen Creek, Arizona, and to the south by the Gila River Indian Reservation.
Gilbert Real Estate Demographics
According to the US Census Bureau's 2005-2007 American Community Survey estimate, there were 207,550 people, 57,609 households, and 45,176 families residing in the town. The racial makeup of the town was 85.2% White, 14.2% Hispanic, 3.5% Black or African American, 4.8% Asian, 0.6% Native American, 0.2% Pacific Islander, and 6.4% some other race.
There were 57,609 Gilbert real estate households out of which 49.9% had children under the age of 18 living with them, 63.0% were married couples living together, and 21.6% were non-families. 16.0% of all households were made up of individuals and 2.4% had someone living alone who was 65 years of age or older. The average household size was 3.19 and the average family size was 3.58.
The age distribution was 36.5% under the age of 20, 5.1% from 20 to 24, 33.2% from 25 to 44, 20.0% from 45 to 64, and 5.2% who were 65 years of age or older. The median age was 31 years.
In Gilbert, Arizona the median income for a household in the town was $78,992, and the median income for a family was $85,846. The per capita income for the town was $30,068. About 3.3% of families and 4.6% of individuals in the population were below the poverty line, including 5.2% of those under age 18 and 4.5% of those age 65 or over.
Gilbert, Arizona real estate is comprised of 61,562 housing units of which 80.6% were owner-occupied and 19.4 % were renter-occupied.
Gilbert Real Estate and Education
Gilbert real estate values are supported by an excellent education system. According to Gilbert Public School website "The District helps lead the State in academic scores as well as in a variety of extracurricular programs, including athletics and the fine arts." Most of Gilbert is zoned to schools in the Gilbert Public School District, while other portions are zoned to districts including the Chandler Unified School District, Mesa Public Schools, the Queen Creek Unified School District, and the Higley Unified School District
Transportation within Gilbert, Arizona
Gilbert is served by the Santan Freeway portion of the Loop 202 around the East Valley, and is a mile away from the Superstition Freeway. The town is minutes away Phoenix-Mesa Gateway Airport, which is located in east Mesa; and is a twenty-five minute drive from Phoenix Sky Harbor International Airport.