Gates County, North Carolina

Income Data

+1% vs. North Carolina average
$61,612
Median Household Income
$31,342
Per Capita Income

At a Glance

Median Household Income
$61,612
+1% vs. state avg
Per Capita Income
$31,342
-21% vs. national
Income-to-Housing Ratio
37.6%
income as % of home value
Rank in North Carolina
#41 / 100
by median household income

How Gates County Compares

Gates County$61,612
North Carolina Average$61,072
National Median$74,755

Detailed Income Statistics

$61,612
Median Household Income
$31,342
Per Capita Income
$163,900
Median Home Value
37.6%
Income-to-Housing Ratio

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

What is the median household income in Gates County, North Carolina?
The median household income in Gates County, North Carolina is $61,612, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Gates County?
The per capita income in Gates County is $31,342, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $61,612.
How does Gates County compare to the North Carolina average?
Gates County's median household income of $61,612 is higher than the North Carolina state average of $61,072. The per capita income is $31,342, compared to the state average of $33,920.
What is the per capita income in Gates County, North Carolina?
The per capita income in Gates County, North Carolina is $31,342, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Gates County income higher than the North Carolina average?
Gates County's median household income of $61,612 is higher than the North Carolina average of $61,072. This difference of $540 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Gates County rank for income in North Carolina?
Gates County ranks #41 out of 100 counties in North Carolina by median household income (1 = highest). With a median household income of $61,612 and per capita income of $31,342, it falls in the middle third of counties statewide.

Income Comparison Calculator

See how your household income compares in Gates County

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County median: $61,612 per year

vs. County Median

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vs. State Average

+1%

vs. National Median

-18%

vs. Gates County MedianAbout equal
vs. North Carolina Average1% above
vs. National Median18% below

Income Adequacy

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Your monthly income ($5,134) vs. median rent ($940/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.