Living in Gatesville, Texas

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

Gatesville has 16,228 residents with a median age of 39.4. The median household income is $57,217 (27% lower than the Texas median), the median home value is $207,300, the median rent is $1,007/month.

Gatesville at a glance

Population
16,228
Median age
39.4State: 35.6
Median household income
$57,217State: $78,476
Median home value
$207,300State: $283,800
Median rent
$1,007/moState: $1,403
Homeowners
63.9%
Bachelor's degree or higher
8.6%
Average commute
23 min

Is Gatesville a good place to live?

Pros: Home values 27% lower than the state median; an average commute of 23 minutes; unemployment of 4.5%; a poverty rate of 9.1%.

Cons: Median household income 27% lower than the Texas median.

The weather is best in March–April and October–November.

Cost of living in Gatesville

Housing is the biggest part of the cost of living. In Gatesville the median home value is $207,300, 38% lower than the U.S. median. Renters pay a median of $1,007 per month, which is 26.6% of household income. Homeowners with a mortgage pay $1,619 a month in housing costs.

Median home value

Gatesville$207,300
Texas$283,800
United States$332,700

Median monthly rent

Gatesville$1,007
Texas$1,403
United States$1,413

Gatesville median household income

The median household income in Gatesville is $57,217 and the income per person is $17,236. 9.1% of residents live below the poverty line (Texas: 13.8%).

Median household income

Gatesville$57,217
Texas$78,476
United States$80,734

Housing in Gatesville: homes for sale and rent

Housing units
3,288
Owner-occupied
63.9%
Renter-occupied
36.1%
Vacant
6.3%Includes seasonal homes
Median year built
1979
Average household size
2.21

Gatesville demographics

Population
16,228
Median age
39.4
Under 18
8.6%
65 and older
11.1%
Households
3,082
Foreign-born
6.2%
Veterans
6.6%Adults 18+

Race and ethnicity

White53.4%
Hispanic or Latino26.4%
Black16.5%
Asian1.3%

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

Education in Gatesville

8.6% of adults 25 and older in Gatesville have a bachelor's degree or higher (Texas: 33.8%), and 3.7% have a graduate or professional degree.

Bachelor's degree or higher

Gatesville8.6%
Texas33.8%
United States35.7%

Jobs and commute in Gatesville

Unemployment rate
4.5%State: 5.3%
Average commute
23 minState: 27 min
Work from home
3.7%
Drive alone
79.8%
Public transit
0%
Walk to work
1.6%
Homes with broadband
86.2%

Gatesville vs nearby towns

TownPopulationMedian incomeHome valueRent
Gatesville16,228$57,217$207,300$1,007
South Mountain328$57,500$162,500$960
Flat354$63,693——
Oglesby418$47,750$110,600$911
Crawford1,020$88,458$238,600$970
McGregor5,761$72,750$221,700$1,194
Valley Mills1,136$51,607$176,200$1,172
Cranfills Gap305$60,833$102,100$900
Evant535$44,779$94,700$716

More for people moving to Gatesville

Gatesville ZIP code ›Weather and climate ›

Living in Gatesville: FAQ

What is the median household income in Gatesville, TX?

The median household income in Gatesville is $57,217, 27% lower than the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Gatesville?

The median home value in Gatesville is $207,300, compared with $283,800 in Texas.

How much is rent in Gatesville?

The median gross rent in Gatesville is $1,007 per month, about 26.6% of household income.

Is Gatesville, TX a good place to live?

Pluses: home values 27% lower than the state median; an average commute of 23 minutes; unemployment of 4.5%; a poverty rate of 9.1%. Minuses: median household income 27% lower than the Texas median.

What is the median age in Gatesville?

The median age in Gatesville is 39.4 years (Texas: 35.6).

How long is the commute in Gatesville?

The average commute to work in Gatesville is 23 minutes; 3.7% of workers work from home.

What is the unemployment rate in Gatesville?

The unemployment rate in Gatesville is 4.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Gatesville?

8.6% of adults in Gatesville 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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