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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
42%
58%
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-Occupied42.3%
Renter-Occupied57.7%
Homeownership Rate42.3%
Total Housing Units269
Median Year Built1974
Rent Burden27.8%