Gatesville, TX
Population 16,058 · Texas
About Gatesville, TX
Gatesville is a mid-sized city located in Texas with a population of 16,058 residents according to the latest US Census Bureau American Community Survey data. The median household income is $54,802 per year, which is 27% below the national median of $75,149. The median age of 40.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Gatesville features a median home value of $162,000, which is 34% 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 $920, 21% below the national average of $1,163/month. Of the 3,500 total housing units, 65% are owner-occupied (2,070 units) and 35% are renter-occupied (1,120 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Gatesville shows an unemployment rate of 5.0%, which is near the national rate of 3.7%. The poverty rate stands at 10.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Gatesville have an average one-way commute time of 23.4 minutes.
Education & Demographics
8.9% 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 20.8% White, 7.5% Hispanic or Latino, 0.9% Black or African American, and 3.9% Asian residents, with 5.3% of the population being foreign-born.
Cost of Living in Gatesville, TX
Compared to national averages, Gatesville has a median household income of $54,802 (27% below the national median of $75,149). Home values average $162,000, which is 34% below the national median. Monthly rent at $920 is 21% below the US average of $1,163. Within Texas, Gatesville's income is 25% below the state average of $72,726, and home values are 24% below the state median of $211,769.
Why Live in Gatesville, TX?
Gatesville offers affordable housing with a median home value of $162,000, below the US average of $244,900, and rent that’s lower than the national average at $920/month, and a low poverty rate of 10.0%, better than the national average. Additionally, the city features short commute times averaging just 23.4 minutes.
Potential considerations include median household income ($54,802) 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 16,058 with a median age of 40.4 years. Compare Gatesville with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Gatesville
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Mount Pleasant | 16,061 | $53,039 | $160,500 | Compare |
| South Houston | 16,017 | $52,611 | $176,100 | Compare |
| Highland Village | 16,004 | $164,459 | $493,400 | Compare |
| Sulphur Springs | 16,185 | $56,457 | $188,200 | Compare |
| Red Oak | 15,909 | $104,125 | $318,200 | Compare |
| Rendon | 15,894 | $107,618 | $328,100 | Compare |
| Live Oak | 15,875 | $78,092 | $227,800 | Compare |
| Hewitt | 16,244 | $83,798 | $252,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
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, TX?
The population of Gatesville, TX is 16,058 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Texas.
What is the median household income in Gatesville?
The median household income in Gatesville, TX is $54,802 per year, which is 27% below the national median of $75,149.
What is the median home value in Gatesville?
The median home value in Gatesville, TX is $162,000, which is 34% 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, TX is $920, which is 21% below the national average of $1,163/month.
What is the unemployment rate in Gatesville?
The unemployment rate in Gatesville, TX is 5.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Gatesville, TX a good place to live?
Gatesville offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 16,058 and a median age of 40.4, the city appeals to a broad range of residents.
How educated is Gatesville, TX?
8.9% 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, TX: median home value is $162,000 (34% below national), median rent is $920/month, and median household income is $54,802. The home-value-to-income ratio is 3.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Gatesville?
The poverty rate in Gatesville, TX is 10.0%, 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, TX?
Gatesville's population is 20.8% White, 7.5% Hispanic or Latino, 0.9% Black or African American, 3.9% Asian, and 14.9% two or more races. 5.3% of residents are foreign-born.