Gatesville, NC
Full City Profile · North Carolina · Gates County County
3.5
/5.0
B+
Good
310
Population
775/sq mi density
$66,563
Median Income
$35,885 per capita
$189,200
Home Value
$220,525 Zillow
$930
Median Rent
18.7% income on rent
59°F
Avg Temperature
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$66,563 median income, 11.9% unemployment
A+
Affordability
5.0 / 5.0
$189,200 home value, $930/mo rent
C
Education
2.4 / 5.0
17.2% bachelor's degree or higher
Housing Overview
Median Home Value
$189,200
33% below
US avg: $281,900
Median Rent
$930/mo
20% below
US avg: $1,163/mo
Homeownership Rate
73.6%
13% above US avg (65.4%)
Total Housing Units
156
Median year built: 1953
Home Value by Source
Census Median
$189,200
Zillow (ZHVI)
$220,525
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
73.6%
Owner-Occupied
26.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent:
$930/mo
Affordability & Housing Stock
Rent Burden
18.7%
of renters spending 30%+ of income on housing
40% below US avg (31.0%)
Median Year Built
1953
Average age of housing stock: 73 years
Homeownership Rate
73.6%
Complete Housing Data
Home Values
| Census Median Value | $189,200 |
| Zillow Home Value (ZHVI) | $220,525 |
Rent
| Census Median Rent | $930 |
| FMR Studio | $932 |
| FMR 1-Bedroom | $981 |
| FMR 2-Bedroom | $1,161 |
| FMR 3-Bedroom | $1,499 |
| FMR 4-Bedroom | $1,780 |
Market
Ownership & Stock
| Owner-Occupied | 73.6% |
| Renter-Occupied | 26.4% |
| Homeownership Rate | 73.6% |
| Total Housing Units | 156 |
| Median Year Built | 1953 |
| Rent Burden | 18.7% |