Living in Gatewood, West Virginia
Cost of living, income, home prices, rent and demographics of Gatewood · Census data 2020–2024
Gatewood has 605 residents with a median age of 31.3. The median household income is $76,351 (28% higher than the West Virginia median), the median home value is $109,600.
Gatewood is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Gatewood at a glance
- Population
- 605
- Median age
- 31.3State: 42.7
- Median household income
- $76,351State: $59,608
- Median home value
- $109,600State: $162,600
- Homeowners
- 100%
- Bachelor's degree or higher
- 18.6%
- Average commute
- 27 min
Is Gatewood a good place to live?
Pros: Median household income 28% higher than the West Virginia median; home values 33% lower than the state median; a poverty rate of 0.7%.
Cons: An average commute of 27 minutes.
The weather is best in June to September.
Cost of living in Gatewood
Housing is the biggest part of the cost of living. In Gatewood the median home value is $109,600, 67% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,167 a month in housing costs.
Gatewood median household income
The median household income in Gatewood is $76,351 and the income per person is $32,803. 0.7% of residents live below the poverty line (West Virginia: 16.7%).
Housing in Gatewood: homes for sale and rent
- Housing units
- 223
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.71
Gatewood demographics
- Population
- 605
- Median age
- 31.3
- Under 18
- 23.3%
- 65 and older
- 18%
- Households
- 223
- Foreign-born
- 0%
- Veterans
- 12.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Gatewood ›
Education in Gatewood
18.6% of adults 25 and older in Gatewood have a bachelor's degree or higher (West Virginia: 24.1%), and 12.1% have a graduate or professional degree.
Jobs and commute in Gatewood
- Unemployment rate
- 0%State: 5.4%
- Average commute
- 27 minState: 27 min
- Work from home
- 5%
- Drive alone
- 75.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 100%
Gatewood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Gatewood | 605 | $76,351 | $109,600 | — |
| Garten | 107 | $18,346 | $55,400 | — |
| Fayetteville | 2,817 | $67,623 | $184,000 | $980 |
| Oak Hill | 7,937 | $52,466 | $118,700 | $847 |
| Hilltop | 397 | $30,884 | $56,300 | — |
| Ansted | 1,140 | $38,375 | $68,700 | $988 |
| Mount Hope | 1,504 | $34,375 | $101,000 | $549 |
| Kincaid | 285 | $19,250 | — | — |
More for people moving to Gatewood
Gatewood ZIP code ›Weather and climate ›Living in Gatewood: FAQ
What is the median household income in Gatewood, WV?
The median household income in Gatewood is $76,351, 28% higher than the West Virginia median of $59,608 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Gatewood?
The median home value in Gatewood is $109,600, compared with $162,600 in West Virginia.
Is Gatewood, WV a good place to live?
Pluses: median household income 28% higher than the West Virginia median; home values 33% lower than the state median; a poverty rate of 0.7%. Minuses: an average commute of 27 minutes.
What is the median age in Gatewood?
The median age in Gatewood is 31.3 years (West Virginia: 42.7).
How long is the commute in Gatewood?
The average commute to work in Gatewood is 27 minutes; 5% of workers work from home.
What is the unemployment rate in Gatewood?
The unemployment rate in Gatewood is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Gatewood?
18.6% of adults in Gatewood 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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