Last updated: 2024 BLS data · Page refreshed:
Gates Mills has a population of 2,207 with a median age of 54.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 2,207 |
| Median Age | 54.0 |
| White | 90.8% |
| Black or African American | 0.9% |
| Asian | 3.9% |
| Hispanic or Latino | 0.5% |
| Other / Two or More Races | 3.9% |
The median household income in Gates Mills is $231,250, which is 186.9% above the national median of $80,610. The per capita income is $145,553. The poverty rate is 6.1%.
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In Gates Mills, 99.6% of residents age 25+ have a high school diploma or higher, and 76.8% hold a bachelor's degree or higher (43.0% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 99.6% |
| Bachelor's Degree or Higher | 76.8% |
| Graduate or Professional Degree | 43.0% |
The median home value in Gates Mills is $743,400, above the national median of $303,400. The median monthly rent is $3,111. The homeownership rate is 96.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $743,400 |
| Median Monthly Rent | $3,111 |
| Homeownership Rate | 96.7% |
| Vacancy Rate | 4.3% |
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