Children from Gypsum families generally attend the Port Clinton City School District. The neighborhood is considered friendly, home-spun, and mainly conservative.
The community is named for the gypsum rock, the mining of which was originally the foundation of the community's business, commerce, and population growth. Because these mines are located throughout the community and township, the area is subject to excessive erosion because of sinkholes. Gypsum mining in the area by U.S. Gypsum Corp. stopped in the 1970s.