Living in Gaston, Indiana

Cost of living, income, home prices, rent and demographics of Gaston · Census data 2020–2024

Gaston has 710 residents with a median age of 39.2. The median household income is $52,292 (27% lower than the Indiana median), the median home value is $90,000, the median rent is $789/month.

Gaston is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Gaston at a glance

Population
710
Median age
39.2State: 38.1
Median household income
$52,292State: $71,957
Median home value
$90,000State: $218,200
Median rent
$789/moState: $1,062
Homeowners
76.6%
Bachelor's degree or higher
12.3%
Average commute
27 min

Is Gaston a good place to live?

Pros: Home values 59% lower than the state median.

Cons: Median household income 27% lower than the Indiana median; an average commute of 27 minutes; unemployment of 14.2%; a poverty rate of 15.4%.

The weather is best in May and July to September.

Cost of living in Gaston

Housing is the biggest part of the cost of living. In Gaston the median home value is $90,000, 73% lower than the U.S. median. Renters pay a median of $789 per month, which is 26.3% of household income. Homeowners with a mortgage pay $867 a month in housing costs.

Median home value

Gaston$90,000
Indiana$218,200
United States$332,700

Median monthly rent

Gaston$789
Indiana$1,062
United States$1,413

Gaston median household income

The median household income in Gaston is $52,292 and the income per person is $24,921. 15.4% of residents live below the poverty line (Indiana: 12.3%).

Median household income

Gaston$52,292
Indiana$71,957
United States$80,734

Housing in Gaston: homes for sale and rent

Housing units
327
Owner-occupied
76.6%
Renter-occupied
23.4%
Vacant
9.8%Includes seasonal homes
Median year built
1965
Average household size
2.41

Gaston demographics

Population
710
Median age
39.2
Under 18
19.6%
65 and older
17%
Households
295
Foreign-born
0.7%
Veterans
8.2%Adults 18+

Race and ethnicity

White90.6%
Hispanic or Latino3.1%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Gaston ›

Education in Gaston

12.3% of adults 25 and older in Gaston have a bachelor's degree or higher (Indiana: 29.5%), and 7.2% have a graduate or professional degree.

Bachelor's degree or higher

Gaston12.3%
Indiana29.5%
United States35.7%

Jobs and commute in Gaston

Unemployment rate
14.2%State: 4.3%
Average commute
27 minState: 24 min
Work from home
1%
Drive alone
74.3%
Public transit
0%
Walk to work
9.3%
Homes with broadband
81.7%

Gaston vs nearby towns

TownPopulationMedian incomeHome valueRent
Gaston710$52,292$90,000$789
Matthews501$50,048$80,100$867
Royerton295$135,068$112,500—
Fowlerton185$52,679$91,900$814
Eaton1,630$54,531$89,800$690
Summitville1,104$52,946$101,600$760
Shamrock Lakes217$93,125$166,400—
Yorktown11,699$81,674$186,700$926
Muncie64,751$44,471$97,300$904

More for people moving to Gaston

Gaston ZIP code ›Weather and climate ›

Living in Gaston: FAQ

What is the median household income in Gaston, IN?

The median household income in Gaston is $52,292, 27% lower than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Gaston?

The median home value in Gaston is $90,000, compared with $218,200 in Indiana.

How much is rent in Gaston?

The median gross rent in Gaston is $789 per month, about 26.3% of household income.

Is Gaston, IN a good place to live?

Pluses: home values 59% lower than the state median. Minuses: median household income 27% lower than the Indiana median; an average commute of 27 minutes; unemployment of 14.2%; a poverty rate of 15.4%.

What is the median age in Gaston?

The median age in Gaston is 39.2 years (Indiana: 38.1).

How long is the commute in Gaston?

The average commute to work in Gaston is 27 minutes; 1% of workers work from home.

What is the unemployment rate in Gaston?

The unemployment rate in Gaston is 14.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Gaston?

12.3% of adults in Gaston 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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