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Cost of living, pay and housing

35.53° N · 89.83° W · GEOID 4729160

Gilt Edge

Tipton County, Tennessee · part of the Memphis, TN metro

Computed by Citytistics from 13 public sources · Data bundle checked 2026-11-14 · How we calculate

Limited data population under 5,000

TennesseeGilt Edge, TNGilt EdgeGilt Edge

The short answer

Gilt Edge is home to 516 people. Median household income is $77,031 a year and median rent is $1,000 a month, 15.6% of income (a ratio of two medians, not any one household's burden). Rent pressure is lighter than in most places. The median home is valued at $192,600, about 2.5x annual median household income.

Median gross rent
$1,000
27% below the median place
Median household income
$77,031
4% below the median place
Median home value
$192,600
40% below the median place
Unemployment
5.5%
13% above the median place

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Gilt Edge

  • Counting remote workers as zero, the average worker spends about 255 hours a year commuting, more than in 96% of the 2,101 places under 10,000 people we track. It is the highest of 99 Tennessee places.
  • Household income has grown 10.4% a year across the last five survey releases, faster than in 92% of places its size.
  • The median home is worth 2.5 years of the median household's income, fewer than in 84% of places its size. It is the 2nd-lowest of 112 Tennessee places.
  • 16% of adults hold a bachelor's degree or higher, a smaller share than in 85% of places its size.
  • Owning with a mortgage costs only about $222 a month more than the median rent, a smaller gap than in 82% of places its size.

Rent is light relative to pay, but the county has a FEMA natural hazard risk score of 81 out of 100. Budget for insurance before counting the savings.

01

Moving to Gilt Edge

Tipton County gains about 3.8 residents per 1,000 a year to moves between counties.

Moved in3,092
Moved out2,896
Net+196

Where people come from and where they go, top counties

Shelby County, TN1,3861,107+279
Lauderdale County, TN145199−54
DeSoto County, MS10271+31
Fayette County, TN7371+2
Dyer County, TN50
Haywood County, TN50
Madison County, TN42

Within Tennessee, other states or abroad

Arrivals
Leavers
Within TennesseeOther states

Income per tax return

Arrivals$52K
Leavers$50K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Tipton County; flows under 20 returns are not published.

Who moves here
3.9% of residents arrived from another county in the past year, 1.3% from another state. County figure.
Who arrives and who leaves
Households moving into Tipton County report $52,400 a year in income on average; those leaving, $49,800, so newcomers earn more than leavers.
Income you would need
$40,000 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $1,000 a month; owners with a mortgage pay $1,222 a month including taxes and insurance, on a median home of $192,600.
Getting to work
37 minutes each way on average; 9.6% work from home.
If it is close but not quite
Carlisle, OH matches it on character. Compare the two
Income of households moving out7
$49,847
29% below the median place
Income of households moving in7
$52,423
26% below the median place
Moved here in the past year1
3.9%
31% below the median place
All 5 moving measures
MeasureGilt EdgeAmong 6,645 placesVs median
Moved here in the past year1County figure3.9%31% below
Moved from another state1County figure1.3%34% below
Net movers per 1,000 people7County figure3.8above (median -0.6)
Income of households moving in7County figure$52,42326% below
Income of households moving out7County figure$49,84729% below
02

What it costs to live here

Property tax paid (median) is $842, 74% below the median place.

Gilt Edge15.6%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$40,000
a year, at the 30% line
Rent to income
15.6%
24% below the median place
Home price to income
2.5x
34% below the median place

Could you afford it?

The median rent would take
16%
comfortably under the 30% line
Left after rent, in US prices
$68,600
a year
Vs the typical household here
Same
as the median household

Uses the median rent in Gilt Edge, $1,000 a month, and local prices for everything else (94.7 against a US average of 100). It runs in your browser and stores nothing.

Moving from somewhere else? Work out the salary you would need in Gilt Edge.

Sponsored · exampleMoving to Gilt Edge? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Property tax paid (median)1
$842
74% below the median place
Property tax rate1
0.4%
52% below the median place
Owner costs with a mortgage1
$1,222
35% below the median place
All 15 cost and housing measures
MeasureGilt EdgeAmong 6,645 placesVs median
Median gross rent1$1,00027% below
Rent to income115.6%24% below
Property tax rate10.4%52% below
Home price to income12.5x34% below
Prices vs US average2Metro figure92.29% below
Fair market rent, 2 bedrooms3County figure$1,30119% below
Property tax paid (median)1$84274% below
Median home value1$192,60040% below
Home prices, 1-year change4County figure3.4%5% above
Home prices, 5-year change4County figure55.8%8% above
Homeownership169.1%4% above
Renters paying 30%+1County figure37.6%26% below
Owner costs with a mortgage1$1,22235% below
Vacant homes1County figure7.2%2% above
Median year built119730% below
03

Work and pay

Commutes by transit is 0.0%, below the median place (median 0.8%).

Commutes by transit1
0.0%
below the median place (median 0.8%)
Mean commute1
37 min
47% above the median place
Income per person1
$32,628
19% below the median place

More on work and pay, against the typical place

Poverty rate14.5% +35%
Works from home9.6% −23%
Median household income$77,031 −4%
All 10 work and pay measures
MeasureGilt EdgeAmong 6,645 placesVs median
Median household income1$77,0314% below
Income per person1$32,62819% below
Unemployment1County figure5.5%13% above
Average annual pay5County figure$51,58522% below
Pay growth, 1 year5County figure2.5%32% below
Jobs5County figure11,92492% below
Poverty rate114.5%35% above
Mean commute137 min47% above
Works from home19.6%23% below
Commutes by transit10.0%below (median 0.8%)
04

Who lives here

High school or higher is 78.5%, 15% below the median place.

High school or higher1
78.5%
15% below the median place
Bachelor's or higher1
15.7%
51% below the median place
Median age1
42.3
8% above the median place
All 9 people measures
MeasureGilt EdgeAmong 6,645 placesVs median
Population15166646th largest
Population change since 20206-0.4%below (median 1.1%)
Median age142.38% above
Bachelor's or higher115.7%51% below
High school or higher178.5%15% below
Household size12.78% above
Born abroad1County figure0.9%90% below
No health insurance1County figure8.2%28% above
Homes with broadband191.2%1% below
05

Life in Gilt Edge

14 sites are on the National Register of Historic Places.

Businesses per 10,000 residents (county figures)

Restaurants and bars10.9 −48%
Shops23.7 −22%
Arts, recreation and fitness1.5 −63%
Doctors' offices and clinics10.1 −50%
Child care centers1.1 −52%

Counts businesses with paid staff, so small owner-run shops are not included.

Restaurants and bars per 10k8
10.9
48% below the median place
Child care centers per 10k8
1.1
52% below the median place
Arts, recreation and fitness per 10k8
1.5
63% below the median place
All 8 schools and local life measures
MeasureGilt EdgeAmong 6,645 placesVs median
Public schools10County figure1456% above
Public school students10County figure9,975104% above
Restaurants and bars per 10k8County figure10.948% below
Shops per 10k8County figure23.722% below
Arts, recreation and fitness per 10k8County figure1.563% below
Doctors' offices and clinics per 10k8County figure10.150% below
Child care centers per 10k8County figure1.152% below
National Register listings9County figure148% above
06

Safety, weather and risk

Annual precipitation is 54.3 in, 24% above the median place.

No crime figure yet. Either the city police department did not report to the FBI for the latest year, or our monthly fetch has not reached Gilt Edge. Larger places are fetched first.

Annual precipitation11
54.3 in
24% above the median place
Wildfire risk12
32.0
48% below the median place
Good air days13
55.6%
19% below the median place
All 11 weather and risk measures
MeasureGilt EdgeAmong 6,645 placesVs median
July average high11County figure90°F4% above
January average low11County figure31°F23% above
Average temperature11County figure61°F11% above
Annual precipitation11County figure54.3 in24% above
Natural hazard risk12County figure81.012% below
Hurricane risk12County figure46.534% below
Tornado risk12County figure92.814% above
Wildfire risk12County figure32.048% below
Heat wave risk12County figure90.30% above
Median air quality index13Metro figure4812% above
Good air days13Metro figure55.6%19% below
08

Gilt Edge in 2030: where the trends point

If recent trends hold, the median rent will take about 15% of the median income in 2030, about the same as 16% now.

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median rent$1,000/mo (2024)$1,280/mo$1,050 to $1,560/mo+4.2%
Median household income$77,031 (2024)$100,500$85,000 to $119,000+4.5%
Median home value$192,600 (2024)$272,000$198,000 to $375,000+6.0%
Population472 (2025)480460 to 500+0.1%

The median home would be worth 2.7 years of the median income in 2030, against 2.5 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like Gilt Edge

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
Carlisle, OH$962$71,136Compare
Spring Valley, IL$915$70,598Compare
Trinity, NC$955$82,664Compare
Plaquemine, LA$880$69,366Compare
Plaquemine, LATrinity, NCSpring Valley, ILCarlisle, OHGilt Edge, TNGilt EdgeCarlisleSpring ValleyTrinityPlaquemineGilt EdgeCarlisleSpring ValleyTrinityPlaquemine

Common questions

Is Gilt Edge a good place to live?

It depends on what you need, so here is what the numbers say. Counting remote workers as zero, the average worker spends about 255 hours a year commuting, more than in 96% of the 2,101 places under 10,000 people we track. It is the highest of 99 Tennessee places. Household income has grown 10.4% a year across the last five survey releases, faster than in 92% of places its size. On cost, space and class size it scores 84 out of 100 for families. See how it ranks with your own weights.

Is Gilt Edge expensive to live in?

The median rent takes 15.6% of the median household income, against 20.4% in the typical place we track. Housing is a lighter load here than usual. The median home is valued at $192,600.

What salary do you need to live in Gilt Edge?

To rent the median home without spending more than 30% of income on rent, a household needs about $40,000 a year. Work it out from your current city.

What places are similar to Gilt Edge?

On income, rent, home value, education and age, the closest matches are Carlisle, OH, Spring Valley, IL, Trinity, NC and Plaquemine, LA.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  5. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  6. Population Estimates · US Census Bureau · Vintage 2025
  7. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  8. County Business Patterns · US Census Bureau · 2023 data
  9. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  10. Common Core of Data · National Center for Education Statistics · 2024 release
  11. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  12. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  13. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Gilt Edge with places of a similar size, using only figures measured for Gilt Edge itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/gilt-edge-tennessee

Citytistics. “Gilt Edge, Tennessee.” Data as of 2026-11-14. https://www.citytistics.com/city/gilt-edge-tennessee/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.