Living in Gate City, Virginia

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

Gate City has 1,928 residents with a median age of 41.4. The median household income is $42,857 (54% lower than the Virginia median), the median home value is $163,000, the median rent is $660/month.

Gate City at a glance

Population
1,928
Median age
41.4State: 39
Median household income
$42,857State: $93,170
Median home value
$163,000State: $383,700
Median rent
$660/moState: $1,579
Homeowners
70.3%
Bachelor's degree or higher
29.3%
Average commute
22 min

Is Gate City a good place to live?

Pros: Home values 58% lower than the state median; an average commute of 22 minutes; unemployment of 1.3%.

Cons: Median household income 54% lower than the Virginia median; a poverty rate of 16.7%.

The weather is best in April–May and September–October.

Cost of living in Gate City

Housing is the biggest part of the cost of living. In Gate City the median home value is $163,000, 51% lower than the U.S. median. Renters pay a median of $660 per month, which is 35.2% of household income. Homeowners with a mortgage pay $1,178 a month in housing costs.

Median home value

Gate City$163,000
Virginia$383,700
United States$332,700

Median monthly rent

Gate City$660
Virginia$1,579
United States$1,413

Gate City median household income

The median household income in Gate City is $42,857 and the income per person is $35,213. 16.7% of residents live below the poverty line (Virginia: 9.9%).

Median household income

Gate City$42,857
Virginia$93,170
United States$80,734

Housing in Gate City: homes for sale and rent

Housing units
1,167
Owner-occupied
70.3%
Renter-occupied
29.7%
Vacant
24.1%Includes seasonal homes
Median year built
1967
Average household size
2.18

Gate City demographics

Population
1,928
Median age
41.4
Under 18
16.9%
65 and older
21.5%
Households
886
Foreign-born
0.5%
Veterans
4.3%Adults 18+

Race and ethnicity

White91.9%
Hispanic or Latino2.8%
Black2.8%
Asian0%

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

Education in Gate City

29.3% of adults 25 and older in Gate City have a bachelor's degree or higher (Virginia: 42.2%), and 8.3% have a graduate or professional degree.

Bachelor's degree or higher

Gate City29.3%
Virginia42.2%
United States35.7%

Jobs and commute in Gate City

Unemployment rate
1.3%State: 4.3%
Average commute
22 minState: 27 min
Work from home
6%
Drive alone
91.3%
Public transit
0%
Walk to work
0%
Homes with broadband
89.7%

Gate City vs nearby towns

TownPopulationMedian incomeHome valueRent
Gate City1,928$42,857$163,000$660
Weber City1,504$47,778$155,900$861
Bloomingdale9,292$52,317$165,500$836
Hiltons217$42,866——
Mount Carmel5,472$68,866$179,600$643
Orebank816$67,740$185,100$838
Kingsport56,262$52,490$234,100$907
Sullivan Gardens1,267$46,754$194,800—
Nickelsville368$46,250$175,000$746

More for people moving to Gate City

Gate City ZIP code ›Weather and climate ›

Living in Gate City: FAQ

What is the median household income in Gate City, VA?

The median household income in Gate City is $42,857, 54% lower than the Virginia median of $93,170 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Gate City?

The median home value in Gate City is $163,000, compared with $383,700 in Virginia.

How much is rent in Gate City?

The median gross rent in Gate City is $660 per month, about 35.2% of household income.

Is Gate City, VA a good place to live?

Pluses: home values 58% lower than the state median; an average commute of 22 minutes; unemployment of 1.3%. Minuses: median household income 54% lower than the Virginia median; a poverty rate of 16.7%.

What is the median age in Gate City?

The median age in Gate City is 41.4 years (Virginia: 39).

How long is the commute in Gate City?

The average commute to work in Gate City is 22 minutes; 6% of workers work from home.

What is the unemployment rate in Gate City?

The unemployment rate in Gate City is 1.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Gate City?

29.3% of adults in Gate City 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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