Gibson, TN Profile: Facts & Data

Gibson, Tennessee - Basic Facts

The Town of Gibson had a population of 425 as of July 1, 2024.

The primary coordinate point for Gibson is located at latitude 35.8753 and longitude -88.8467 in Gibson County. The formal boundaries for the Town of Gibson encompass a land area of 0.61 sq. miles and a water area of 0 sq. miles. Gibson County is in the Central time zone (GMT -6).

The Town of Gibson 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 Town of Gibson is located within Commissioner District 1, a minor civil division (MCD) of Gibson County.

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Gibson, TN Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	425 (100%)
Population in Households	425 (100.0%)
Population in Families	333 (78.4%)
Population in Group Quarters¹	0
Population Density	696
Diversity Index²	22


INCOME
Median Household Income	$65,052
Average Household Income	$82,907
% of Income for Mortgage⁴	22%
Per Capita Income	$33,163
Wealth Index⁵	60
Socioeconomic Status Index⁶	Low (44.0)

HOUSING
Total HU (Housing Units)	193 (100%)
Owner Occupied HU	127 (65.8%)
Renter Occupied HU	43 (22.3%)
Vacant Housing Units	23 (11.9%)
Median Home Value	$226,852
Average Home Value	$228,150
Housing Affordability Index³	116

HOUSEHOLDS
Total Households	170
Average Household Size	2.50
Family Households	122
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

193 (100%)

Owner Occupied HU

127 (65.8%)

Renter Occupied HU

43 (22.3%)

Vacant Housing Units

23 (11.9%)

Median Home Value

$226,852

Average Home Value

$228,150

Housing Affordability Index³

116

HOUSEHOLDS

Total Households

170

Average Household Size

2.50

Family Households

122

Average Family Size

3.00

NOTES

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.
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.
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.
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).
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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	3.58%	1.60%
Households	2.67%	1.71%
Families		1.59%
Median Household Income		2.36%
Per Capita Income		2.92%
Owner Occupied HU		2.26%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

3.58%

1.60%

Households

2.67%

1.71%

Families

1.59%

Median Household Income

2.36%

Per Capita Income

2.92%

Owner Occupied HU

2.26%

Gibson, TN - Peer Comparisons by Rank and Percentile

The table below compares Gibson to the other 504 incorporated cities, towns and CDPs in Tennessee by rank and percentile using July 1, 2024 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	# 395	22nd
Population Density	# 158	69th
Median Household Income	# 197	61st
Housing Affordability Index	# 317	63rd
Per Capita Income	# 213	58th
Diversity Index	# 298	41st

Variable Description

Rank

Percentile

Total Population

# 395

22nd

Population Density

# 158

69th

Median Household Income

# 197

61st

Housing Affordability Index

# 317

63rd

Per Capita Income

# 213

58th

Diversity Index

# 298

41st

Tennessee Census Data Comparison Tool

Gibson, TN Profile: Facts & Data

Gibson, Tennessee - Basic Facts

Gibson, TN Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Gibson, TN - Peer Comparisons by Rank and Percentile

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