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Gate City, Virginia

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
1,928
Population
$42,857
Median Income
$163,000
Home Value
41.4
Median Age

Demographics

Gate City has a population of 1,928 with a median age of 41.4. Here is the racial and ethnic breakdown of the population:

White
91.9%
Black
2.8%
Hispanic
2.8%
Other
2.5%
Demographic Value
Total Population1,928
Median Age41.4
White91.9%
Black or African American2.8%
Hispanic or Latino2.8%
Other / Two or More Races2.5%
Gate City, Virginia — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 91.9%Hispanic/Latino: 2.8%Black: 2.8%Other: 2.5%1,928PopulationWhiteWhite91.9%Hispanic/LatinoHispanic/Latino2.8%BlackBlack2.8%OtherOther2.5%

Income & Economy

The median household income in Gate City is $42,857, which is 46.8% below the national median of $80,610. The per capita income is $35,213. The poverty rate is 16.7%.

$42,857
Median Household Income
$35,213
Per Capita Income
16.7%
Poverty Rate

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Education

In Gate City, 97.1% of residents age 25+ have a high school diploma or higher, and 29.3% hold a bachelor's degree or higher (8.3% with a graduate or professional degree).

HS Diploma+
97.1%
Bachelor's+
29.3%
Graduate+
8.3%
Education Level % of Adults (25+)
High School Diploma or Higher97.1%
Bachelor's Degree or Higher29.3%
Graduate or Professional Degree8.3%

Housing

The median home value in Gate City is $163,000, below the national median of $303,400. The median monthly rent is $660. The homeownership rate is 70.3%.

$163,000
Median Home Value
$660/mo
Median Rent
70.3%
Homeownership Rate
Housing Metric Value
Median Home Value$163,000
Median Monthly Rent$660
Homeownership Rate70.3%
Vacancy Rate24.1%

Salaries in Virginia

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Other Cities in Virginia

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Frequently Asked Questions

What is the population of Gate City, Virginia?
The population of Gate City, Virginia is 1,928 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Gate City, Virginia?
The median household income in Gate City, Virginia is $42,857. This is 46.8% below the national median of $80,610.
What is the median home value in Gate City, Virginia?
The median home value in Gate City, Virginia is $163,000. The median monthly rent is $660.
What percentage of people in Gate City have a college degree?
In Gate City, Virginia, 29.3% of adults age 25 and older hold a bachelor's degree or higher, and 97.1% have a high school diploma or higher.
Is Gate City, Virginia an affordable place to live?
The home price-to-income ratio in Gate City, Virginia is 3.8x (median home value $163,000 vs. median income $42,857), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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