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Gainesboro, Tennessee

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,064
Population
$51,923
Median Income
$170,600
Home Value
49.0
Median Age

Demographics

Gainesboro has a population of 1,064 with a median age of 49.0. Here is the racial and ethnic breakdown of the population:

White
89.0%
Other
6.3%
Hispanic
2.4%
Black
2.3%
Demographic Value
Total Population1,064
Median Age49.0
White89.0%
Black or African American2.3%
Hispanic or Latino2.4%
Other / Two or More Races6.3%
Gainesboro, Tennessee — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 89.0%Other: 6.3%Hispanic/Latino: 2.4%Black: 2.3%1,064PopulationWhiteWhite89.0%OtherOther6.3%Hispanic/LatinoHispanic/Latino2.4%BlackBlack2.3%

Income & Economy

The median household income in Gainesboro is $51,923, which is 35.6% below the national median of $80,610. The per capita income is $27,539. The poverty rate is 26.9%.

$51,923
Median Household Income
$27,539
Per Capita Income
26.9%
Poverty Rate

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Education

In Gainesboro, 84.8% of residents age 25+ have a high school diploma or higher, and 17.2% hold a bachelor's degree or higher (6.4% with a graduate or professional degree).

HS Diploma+
84.8%
Bachelor's+
17.2%
Graduate+
6.4%
Education Level % of Adults (25+)
High School Diploma or Higher84.8%
Bachelor's Degree or Higher17.2%
Graduate or Professional Degree6.4%

Housing

The median home value in Gainesboro is $170,600, below the national median of $303,400. The median monthly rent is $819. The homeownership rate is 72.0%.

$170,600
Median Home Value
$819/mo
Median Rent
72.0%
Homeownership Rate
Housing Metric Value
Median Home Value$170,600
Median Monthly Rent$819
Homeownership Rate72.0%
Vacancy Rate19.2%

Salaries in Tennessee

Explore salary data for popular occupations in Tennessee:

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Other Cities in Tennessee

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Frequently Asked Questions

What is the population of Gainesboro, Tennessee?
The population of Gainesboro, Tennessee is 1,064 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Gainesboro, Tennessee?
The median household income in Gainesboro, Tennessee is $51,923. This is 35.6% below the national median of $80,610.
What is the median home value in Gainesboro, Tennessee?
The median home value in Gainesboro, Tennessee is $170,600. The median monthly rent is $819.
What percentage of people in Gainesboro have a college degree?
In Gainesboro, Tennessee, 17.2% of adults age 25 and older hold a bachelor's degree or higher, and 84.8% have a high school diploma or higher.
Is Gainesboro, Tennessee an affordable place to live?
The home price-to-income ratio in Gainesboro, Tennessee is 3.3x (median home value $170,600 vs. median income $51,923), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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