Gainesboro, TN
Population 1,086 · Tennessee
About Gainesboro, TN
Gainesboro is a small town located in Tennessee with a population of 1,086 residents according to the latest US Census Bureau American Community Survey data. The median household income is $45,313 per year, which is 40% below the national median of $75,149. The median age of 48.9 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 Gainesboro features a median home value of $148,500, which is 39% below the national median of $244,900. This positions Gainesboro in a moderately priced market relative to the rest of the country. Median monthly rent is $803, 31% below the national average of $1,163/month. Of the 435 total housing units, 70% are owner-occupied (234 units) and 30% are renter-occupied (98 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Gainesboro shows an unemployment rate of 7.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 27.8%, above the national average of 12.4%. Workers in Gainesboro have an average one-way commute time of 30.3 minutes.
Education & Demographics
13.1% of Gainesboro 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 0.3% White, 0.9% Hispanic or Latino, 0.0% Black or African American, and 0.6% Asian residents, with 0.4% of the population being foreign-born.
Cost of Living in Gainesboro, TN
Compared to national averages, Gainesboro has a median household income of $45,313 (40% below the national median of $75,149). Home values average $148,500, which is 39% below the national median. Monthly rent at $803 is 31% below the US average of $1,163. Within Tennessee, Gainesboro's income is 28% below the state average of $62,849, and home values are 31% below the state median of $214,371.
Why Live in Gainesboro, TN?
Gainesboro offers affordable housing with a median home value of $148,500, below the US average of $244,900, and rent that’s lower than the national average at $803/month.
Potential considerations include median household income ($45,313) that falls below the national average. However, Gainesboro’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Gainesboro has a population of 1,086 with a median age of 48.9 years. Compare Gainesboro with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Gainesboro
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Obion | 1,088 | $49,018 | $91,300 | Compare |
| Orlinda | 1,088 | $74,886 | $298,400 | Compare |
| Lyles | 1,079 | $49,688 | $196,000 | Compare |
| Allardt | 1,078 | $52,125 | $151,200 | Compare |
| Fall Branch | 1,077 | $49,083 | $152,200 | Compare |
| Altamont | 1,100 | $40,221 | $85,900 | Compare |
| Coalmont | 1,103 | $58,362 | $138,400 | Compare |
| Sharon | 1,105 | $33,385 | $95,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Tennessee
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Gainesboro With Other Cities
Frequently Asked Questions about Gainesboro
What is the population of Gainesboro, TN?
The population of Gainesboro, TN is 1,086 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Tennessee.
What is the median household income in Gainesboro?
The median household income in Gainesboro, TN is $45,313 per year, which is 40% below the national median of $75,149.
What is the median home value in Gainesboro?
The median home value in Gainesboro, TN is $148,500, which is 39% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Gainesboro?
The median monthly rent in Gainesboro, TN is $803, which is 31% below the national average of $1,163/month.
What is the unemployment rate in Gainesboro?
The unemployment rate in Gainesboro, TN is 7.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Gainesboro, TN a good place to live?
Gainesboro offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,086 and a median age of 48.9, the city appeals to established professionals and retirees.
How educated is Gainesboro, TN?
13.1% of residents in Gainesboro 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 Gainesboro?
Key cost-of-living indicators for Gainesboro, TN: median home value is $148,500 (39% below national), median rent is $803/month, and median household income is $45,313. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Gainesboro?
The poverty rate in Gainesboro, TN is 27.8%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Gainesboro, TN?
Gainesboro's population is 0.3% White, 0.9% Hispanic or Latino, 0.0% Black or African American, 0.6% Asian, and 2.5% two or more races. 0.4% of residents are foreign-born.