Living in Gates, Tennessee
Cost of living, income, home prices, rent and demographics of Gates · Census data 2020–2024
Gates has 619 residents with a median age of 35.5. The median household income is $51,146 (27% lower than the Tennessee median), the median home value is $96,300, the median rent is $629/month.
Gates is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Gates at a glance
- Population
- 619
- Median age
- 35.5State: 38.9
- Median household income
- $51,146State: $69,595
- Median home value
- $96,300State: $286,700
- Median rent
- $629/moState: $1,189
- Homeowners
- 39.7%
- Bachelor's degree or higher
- 6.6%
- Average commute
- 35 min
Is Gates a good place to live?
Pros: Home values 66% lower than the state median.
Cons: Median household income 27% lower than the Tennessee median; an average commute of 35 minutes; unemployment of 30.7%; a poverty rate of 28.6%.
The weather is best in April–May and September–October.
Cost of living in Gates
Housing is the biggest part of the cost of living. In Gates the median home value is $96,300, 71% lower than the U.S. median. Renters pay a median of $629 per month, which is 19.5% of household income. Homeowners with a mortgage pay $800 a month in housing costs.
Gates median household income
The median household income in Gates is $51,146 and the income per person is $20,648. 28.6% of residents live below the poverty line (Tennessee: 13.8%).
Housing in Gates: homes for sale and rent
- Housing units
- 273
- Owner-occupied
- 39.7%
- Renter-occupied
- 60.3%
- Vacant
- 9.5%Includes seasonal homes
- Median year built
- 1971
- Average household size
- 2.51
Gates demographics
- Population
- 619
- Median age
- 35.5
- Under 18
- 22.8%
- 65 and older
- 15.5%
- Households
- 247
- Foreign-born
- 0%
- Veterans
- 3.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Gates ›
Education in Gates
6.6% of adults 25 and older in Gates have a bachelor's degree or higher (Tennessee: 31.1%), and 3.2% have a graduate or professional degree.
Jobs and commute in Gates
- Unemployment rate
- 30.7%State: 4.7%
- Average commute
- 35 minState: 26 min
- Work from home
- 5%
- Drive alone
- 84.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 86.6%
Gates vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Gates | 619 | $51,146 | $96,300 | $629 |
| Halls | 2,034 | $43,750 | $137,200 | $844 |
| Fowlkes | 753 | $31,167 | $125,000 | $710 |
| Ripley | 7,658 | $37,432 | $154,900 | $800 |
| Friendship | 692 | $32,153 | $108,000 | $654 |
| Maury City | 683 | $65,318 | $78,900 | $864 |
| Finley | 481 | $73,846 | $162,500 | $913 |
| Henning | 977 | $40,781 | $72,500 | $668 |
| Dyersburg | 15,979 | $52,064 | $168,300 | $782 |
More for people moving to Gates
Gates ZIP code ›Weather and climate ›Living in Gates: FAQ
What is the median household income in Gates, TN?
The median household income in Gates is $51,146, 27% lower than the Tennessee median of $69,595 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Gates?
The median home value in Gates is $96,300, compared with $286,700 in Tennessee.
How much is rent in Gates?
The median gross rent in Gates is $629 per month, about 19.5% of household income.
Is Gates, TN a good place to live?
Pluses: home values 66% lower than the state median. Minuses: median household income 27% lower than the Tennessee median; an average commute of 35 minutes; unemployment of 30.7%; a poverty rate of 28.6%.
What is the median age in Gates?
The median age in Gates is 35.5 years (Tennessee: 38.9).
How long is the commute in Gates?
The average commute to work in Gates is 35 minutes; 5% of workers work from home.
What is the unemployment rate in Gates?
The unemployment rate in Gates is 30.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Gates?
6.6% of adults in Gates 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.
Last updated: