Tennessee · Census place 28420
Gainesboro town, TN
Quick answer
Gainesboro town has 1,086 residents, ranking #298 of 504 places in Tennessee. Median household income is $45,313, the median home is worth $148,500 and median gross rent runs $803 a month.
- Population
- 1,086Gainesboro town residents
- Median household income
- $45,313Past 12 months, inflation adjusted
- Median home value
- $148,500Owner-occupied units
- Median gross rent
- $803Rent plus utilities, monthly
- Median age
- 48.9 yrsAll residents
- Homeownership rate
- 70.5%Owner-occupied households
What the numbers mean in Gainesboro town
Housing cost measured against local earnings.
A household earning the Gainesboro town median would spend about 21.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 27.8% of residents and 70.5% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Tennessee.
- Altamont town 1,100
- Obion town 1,088
- Orlinda city 1,088
- Lyles CDP 1,079
- Allardt city 1,078
- Fall Branch CDP 1,077
- Friendsville city 1,056
Keep going
More Tennessee coverage.