Truvizo facts for Gilbert, AZ
Gilbert was an agricultural community and remained a farming town for many years. Gilbert incorporated on July 6, 1920. It was known as the "Hay Capital of the World" until the late 1920s.
Gilbert was recognized as the fastest growing city in America between 1990 and 2005 with a growth rate of nearly 500%. Arizona Chamber of Commerce awarded the Town of Gilbert the “Best City for Business” in recognition of its pro-business initiatives and ongoing economic development efforts.
Average price per square foot
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Retail
$19.09
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office
$29.63
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Industrial
$9.48
When it comes to opening a business or investing in commercial real estate, the importance of demographics is often underestimated. The following demographics should always be considered when evaluating a property:
- Population density
- Median home values
- Household income
- Education levels
- Average age and genders
- Number of households
- Traffic counts
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Population
208,149
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Avg. Home Value
$367,881
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Avg. Age
33
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Avg HH Income
$87,566