Gatesville, NC
Population 310 · North Carolina
About Gatesville, NC
Gatesville is a small community located in North Carolina with a population of 310 residents according to the latest US Census Bureau American Community Survey data. The median household income is $66,563 per year, which is 11% below the national median of $75,149. The median age of 44.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Gatesville features a median home value of $189,200, which is 23% below the national median of $244,900. This positions Gatesville in a moderately priced market relative to the rest of the country. Median monthly rent is $930, 20% below the national average of $1,163/month. Of the 153 total housing units, 74% are owner-occupied (89 units) and 26% are renter-occupied (32 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Gatesville shows an unemployment rate of 11.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Gatesville have an average one-way commute time of 44 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
17.2% of Gatesville residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 2.9% White, 0.0% Hispanic or Latino, 3.2% Black or African American, and 0.0% Asian residents, with 2.9% of the population being foreign-born.
Cost of Living in Gatesville, NC
Compared to national averages, Gatesville has a median household income of $66,563 (11% below the national median of $75,149). Home values average $189,200, which is 23% below the national median. Monthly rent at $930 is 20% below the US average of $1,163. Within North Carolina, Gatesville's income is 3% above the state average of $64,468, and home values are 17% below the state median of $228,922.
Why Live in Gatesville, NC?
Gatesville offers affordable housing with a median home value of $189,200, below the US average of $244,900, and rent that’s lower than the national average at $930/month, and a low poverty rate of 0.0%, better than the national average.
Potential considerations include median household income ($66,563) that falls below the national average. However, Gatesville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Gatesville has a population of 310 with a median age of 44.6 years. Compare Gatesville with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Gatesville
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| East Arcadia | 313 | $50,595 | $116,700 | Compare |
| Vann Crossroads | 313 | $67,759 | $327,600 | Compare |
| Rodanthe | 306 | $34,066 | $431,300 | Compare |
| Saratoga | 306 | $30,662 | $95,000 | Compare |
| East Laurinburg | 315 | $28,333 | $36,800 | Compare |
| Bayview | 317 | $108,594 | $443,800 | Compare |
| Fountain | 317 | $0 | $120,600 | Compare |
| Ashley Heights | 301 | $52,375 | $85,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in North Carolina
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Gatesville With Other Cities
Frequently Asked Questions about Gatesville
What is the population of Gatesville, NC?
The population of Gatesville, NC is 310 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in North Carolina.
What is the median household income in Gatesville?
The median household income in Gatesville, NC is $66,563 per year, which is 11% below the national median of $75,149.
What is the median home value in Gatesville?
The median home value in Gatesville, NC is $189,200, which is 23% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Gatesville?
The median monthly rent in Gatesville, NC is $930, which is 20% below the national average of $1,163/month.
What is the unemployment rate in Gatesville?
The unemployment rate in Gatesville, NC is 11.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Gatesville, NC a good place to live?
Gatesville offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 310 and a median age of 44.6, the city appeals to a broad range of residents.
How educated is Gatesville, NC?
17.2% of residents in Gatesville aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Gatesville?
Key cost-of-living indicators for Gatesville, NC: median home value is $189,200 (23% below national), median rent is $930/month, and median household income is $66,563. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Gatesville?
The poverty rate in Gatesville, NC is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Gatesville, NC?
Gatesville's population is 2.9% White, 0.0% Hispanic or Latino, 3.2% Black or African American, 0.0% Asian, and 12.3% two or more races. 2.9% of residents are foreign-born.