Gates County, North Carolina
Income Data
At a Glance
How Gates County Compares
Detailed Income Statistics
Data Story
About Household Income in Gates County, North Carolina
Gates County approaches state average
Gates County's median household income of $61,612 sits roughly at North Carolina's state average of $61,072 but trails the national median of $74,755 by 18%. The county occupies a middle position in both state and national income rankings.
Right at state median income
Gates' $61,612 median household income essentially matches North Carolina's state average of $61,072, placing it squarely in the state's middle tier. Per capita income of $31,342 falls slightly below the state average of $33,920.
Balanced against regional peers
Gates' $61,612 median income sits between lower-earning Greene ($50,904) to the south and higher-earning Franklin ($71,386) to the west. The county represents a stable middle option in the eastern North Carolina income landscape.
Reasonable rent affordability
With a rent-to-income ratio of 18.3%, Gates households allocate less than one-fifth of earnings to rent, remaining comfortably within affordability guidelines. A median home value of $163,900 offers accessible homeownership for median-income families.
Build steady financial habits
Gates households earning $61,612 can allocate roughly $500 monthly ($6,161 annually) to savings and investment without straining budgets. Start with tax-advantaged retirement accounts and gradually increase contributions as income grows.
Frequently Asked Questions
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Income Comparison Calculator
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County median: $61,612 per year
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vs. National Median
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.