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Virginia · Census place 30496

Gate City town, VA

Quick answer

Gate City town has 1,939 residents, ranking #291 of 688 places in Virginia. Median household income is $37,188, the median home is worth $158,400 and median gross rent runs $600 a month.

Population
1,939Gate City town residents
Median household income
$37,188Past 12 months, inflation adjusted
Median home value
$158,400Owner-occupied units
Median gross rent
$600Rent plus utilities, monthly
Median age
42 yrsAll residents
Homeownership rate
72.8%Owner-occupied households

What the numbers mean in Gate City town

Housing cost measured against local earnings.

A household earning the Gate City town median would spend about 19.4% 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 4.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15.5% of residents and 72.8% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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