Tennessee · Census place 28740
Gates town, TN
Quick answer
Gates town has 612 residents, ranking #358 of 504 places in Tennessee. Median household income is $39,815, the median home is worth $88,500 and median gross rent runs $759 a month.
- Population
- 612Gates town residents
- Median household income
- $39,815Past 12 months, inflation adjusted
- Median home value
- $88,500Owner-occupied units
- Median gross rent
- $759Rent plus utilities, monthly
- Median age
- 31.8 yrsAll residents
- Homeownership rate
- 42.3%Owner-occupied households
What the numbers mean in Gates town
Housing cost measured against local earnings.
A household earning the Gates town median would spend about 22.9% 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 2.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 24.2% of residents and 42.3% 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.
- Clarkrange CDP 636
- Watauga city 631
- Darden CDP 612
- Beersheba Springs town 610
- Finger city 600
- Minor Hill city 598
- Big Sandy town 589
Keep going
More Tennessee coverage.