Gates, TN
Full City Profile · Tennessee · Lauderdale County County
2.3
/5.0
C
Fair
612
Population
862/sq mi density
$39,815
Median Income
$18,560 per capita
$88,500
Home Value
$124,017 Zillow
$759
Median Rent
27.8% income on rent
60°F
Avg Temperature
301 sunny days/yr
322
Violent Crime/100K
2,738 property/100K
C
Overall
2.3 / 5.0
Fair overall score based on economy, affordability, safety and education
D
Economy
1.5 / 5.0
$39,815 median income, 11.9% unemployment
A+
Affordability
5.0 / 5.0
$88,500 home value, $759/mo rent
F
Safety
1.0 / 5.0
322 violent crimes/100K
D
Education
1.9 / 5.0
10.9% bachelor's degree or higher
Housing Overview
Median Home Value
$88,500
69% below
US avg: $281,900
Median Rent
$759/mo
35% below
US avg: $1,163/mo
Homeownership Rate
42.3%
35% below US avg (65.4%)
Total Housing Units
269
Median year built: 1974
Home Value by Source
Census Median
$88,500
Zillow (ZHVI)
$124,017
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
42.3%
Owner-Occupied
57.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$882/mo
1 Bedroom
$924/mo
2 Bedroom
$1,118/mo
3 Bedroom
$1,445/mo
4 Bedroom
$1,644/mo
Census median rent:
$759/mo
Affordability & Housing Stock
Rent Burden
27.8%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
42.3%
Complete Housing Data
Home Values
| Census Median Value | $88,500 |
| Zillow Home Value (ZHVI) | $124,017 |
Rent
| Census Median Rent | $759 |
| FMR Studio | $882 |
| FMR 1-Bedroom | $924 |
| FMR 2-Bedroom | $1,118 |
| FMR 3-Bedroom | $1,445 |
| FMR 4-Bedroom | $1,644 |
Market
Ownership & Stock
| Owner-Occupied | 42.3% |
| Renter-Occupied | 57.7% |
| Homeownership Rate | 42.3% |
| Total Housing Units | 269 |
| Median Year Built | 1974 |
| Rent Burden | 27.8% |
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