Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 48.5 yrs |
|---|---|
| Avg HH Size | 2.29 |
| Below Poverty | 17.8% ▲ 78% above avg |
| College Grads | 33.3% ▼ 14% below avg |
| Unemployment | 3.1% ▼ 37% below avg |
| No HS Diploma | 42 (0.8%) |
| HS Graduate | 1,875 (34.5%) |
| Some College | 843 (15.5%) |
| Associates | 871 (16%) |
| Bachelors | 687 (12.6%) |
| Graduate Degree | 1,123 (20.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $44,990 ▼ 41% below avg |
|---|---|
| Median Home Value | $133,000 ▼ 52% below avg |
| Home/Income Ratio | 3.0x (nat avg ~3.5x) |
| Median Rent | $643/mo |
| Total Housing Units | 4,388 |
| Vacant Units | 909 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Gate City is a city in Virginia, located in Scott County. The city spans 1 ZIP code and is home to approximately 7,976 residents. It is a mature city, with a median age of 48.5 years.
Economically, Gate City is a working-class community. The median household income of $44,990 is below the national average. Approximately 17.8% of residents live below the poverty line. The unemployment rate is 3.1%, below the national average.
The real estate market in Gate City is one of the more affordable housing markets in the country. Median home values stand at $133,000, which is well below the national average. Renters typically pay around $643 per month. Homeownership is high at 78.9%, typical of suburban and family-oriented communities.
The population of Gate City is moderately educated. 33.3% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (94.2%).
Gate City, VA offers residents a cost-conscious lifestyle within Virginia.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 24251 | 7,976 | $44,990 | $133,000 | $643 | 3.1% | 33.3% | 78.9% |