Living in Gulf Gate, Florida
Cost of living, income, home prices, rent and demographics of Gulf Gate · Census data 2020–2024
Gulf Gate has 7,998 residents with a median age of 51.4. The median household income is $61,379 (18% lower than the Florida median), the median home value is $357,500, the median rent is $1,768/month.
Gulf Gate at a glance
- Population
- 7,998
- Median age
- 51.4State: 42.6
- Median household income
- $61,379State: $74,568
- Median home value
- $357,500State: $359,000
- Median rent
- $1,768/moState: $1,669
- Homeowners
- 54.6%
- Bachelor's degree or higher
- 32.6%
- Average commute
- 20 min
Is Gulf Gate a good place to live?
Pros: Home values about the same as the state median; an average commute of 20 minutes.
Cons: Median household income 18% lower than the Florida median; unemployment of 5%; a poverty rate of 13.4%.
The weather is best in February–March and November–December.
Cost of living in Gulf Gate
Housing is the biggest part of the cost of living. In Gulf Gate the median home value is $357,500, 7% higher than the U.S. median. Renters pay a median of $1,768 per month, which is 45.4% of household income. Homeowners with a mortgage pay $1,592 a month in housing costs.
Gulf Gate median household income
The median household income in Gulf Gate is $61,379 and the income per person is $49,892. 13.4% of residents live below the poverty line (Florida: 12.6%).
Housing in Gulf Gate: homes for sale and rent
- Housing units
- 4,646
- Owner-occupied
- 54.6%
- Renter-occupied
- 45.4%
- Vacant
- 9.5%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 1.90
Gulf Gate demographics
- Population
- 7,998
- Median age
- 51.4
- Under 18
- 12.8%
- 65 and older
- 32.1%
- Households
- 4,204
- Foreign-born
- 4.4%
- Veterans
- 7.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Gulf Gate ›
Education in Gulf Gate
32.6% of adults 25 and older in Gulf Gate have a bachelor's degree or higher (Florida: 34.1%), and 11.5% have a graduate or professional degree.
Jobs and commute in Gulf Gate
- Unemployment rate
- 5%State: 4.8%
- Average commute
- 20 minState: 28 min
- Work from home
- 11.7%
- Drive alone
- 78.5%
- Public transit
- 0.8%
- Walk to work
- 3.2%
- Homes with broadband
- 91.6%
Gulf Gate vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Gulf Gate | 7,998 | $61,379 | $357,500 | $1,768 |
| South Gate Ridge | 5,310 | $70,469 | $444,800 | $1,612 |
| Ridge Wood Heights | 5,366 | $69,894 | $370,700 | $1,587 |
| South Sarasota | 4,837 | $92,933 | $780,200 | $1,693 |
| Vamo | 2,936 | $88,025 | $364,400 | $2,500 |
| Bee Ridge | 10,334 | $75,906 | $412,400 | $2,118 |
| Siesta Key | 5,525 | $115,854 | $985,800 | $3,501 |
| Palmer Ranch | 16,867 | $102,838 | $592,900 | $1,794 |
| Southgate | 5,772 | $80,133 | $422,000 | $1,671 |
More for people moving to Gulf Gate
Gulf Gate ZIP code ›Weather and climate ›Living in Gulf Gate: FAQ
What is the median household income in Gulf Gate, FL?
The median household income in Gulf Gate is $61,379, 18% lower than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Gulf Gate?
The median home value in Gulf Gate is $357,500, compared with $359,000 in Florida.
How much is rent in Gulf Gate?
The median gross rent in Gulf Gate is $1,768 per month, about 45.4% of household income.
Is Gulf Gate, FL a good place to live?
Pluses: home values about the same as the state median; an average commute of 20 minutes. Minuses: median household income 18% lower than the Florida median; unemployment of 5%; a poverty rate of 13.4%.
What is the median age in Gulf Gate?
The median age in Gulf Gate is 51.4 years (Florida: 42.6).
How long is the commute in Gulf Gate?
The average commute to work in Gulf Gate is 20 minutes; 11.7% of workers work from home.
What is the unemployment rate in Gulf Gate?
The unemployment rate in Gulf Gate is 5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Gulf Gate?
32.6% of adults in Gulf Gate have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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