Gilbertville is located in east Iowa. Gilbertville is part of Black Hawk County. Gilbertville has 0.40 square miles of land area and has no water area. As of 2010-2014, the total Gilbertville population is 633, which has shrunk 17.47% since 2000. The population growth rate is much lower than the state average rate of 5.19% and is much lower than the national average rate of 11.61%. Gilbertville median household income is $53,250 in 2010-2014 and has grown by 28.34% since 2000. The income growth rate is lower than the state average rate of 33.56% and is about the same as the national average rate of 27.36%. Gilbertville median house value is $138,500 in 2010-2014 and has grown by 68.29% since 2000. The house value growth rate is higher than the state average rate of 53.09% and is higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Gilbertville is much better than the state average in quality. The Gilbertville area code is 319.