This section is generated from cached city metrics and clearly labeled state-level benchmarks. It is meant to make the Gatesville page less generic and more useful for comparing housing, income, utilities, taxes, insurance, demographics, and nearby alternatives.
Affordability Summary
Population is 16,058, so Gatesville should be compared with similar-size places before using broader Texas averages. Median household income is $54,802, so the best affordability read for Gatesville is income versus housing, taxes, utilities, and insurance together.
Median home value is $162,000, so ownership costs in Gatesville should be checked with mortgage, property tax, insurance, and maintenance assumptions. Two-bedroom rent is $920/mo, so renters can compare Gatesville against ownership costs and nearby rental markets.
Housing and Income Context
For Gatesville, income is more constrained, so utilities, rent, and taxes deserve extra attention. Home values are comparatively low, but maintenance, taxes, and utilities still matter.
Use the home value, rent, and income fields together before deciding whether Gatesville looks more favorable for renting, buying, or comparing with McGregor, TX.
Utility Cost Context
The residential electricity benchmark is $0.164/kWh, so Gatesville households should treat usage, home size, heating, and cooling as the practical bill drivers. The electricity value shown for Gatesville is a Texas state-level EIA benchmark, so it should not be read as a local provider tariff.
For Gatesville, utility planning is stronger when the electric benchmark is paired with home age, square footage, insulation, HVAC equipment, and household occupancy.
Property Tax Context
Median property tax paid is $2,123, so Gatesville buyers should still verify parcel-specific tax records before budgeting. Parcel boundaries, exemptions, school districts, and reassessment rules can move the actual bill for a Gatesville address.
Compare the property tax field with home value rather than reading it by itself; a lower tax bill can still pair with a different assessment base or exemption profile.
Insurance and Risk Context
Insurance costs in Gatesville depend on address-level factors such as roof condition, structure age, coverage limits, claims history, deductible choice, and carrier underwriting.
Home value, tax burden, and insurance exposure should be reviewed together for Gatesville, especially when comparing with McGregor, TX.
Population and Demographics
Median age is 40.4, so Gatesville may have different school, commute, healthcare, and housing demand patterns than a statewide average. Bachelor+ share is 8.9%, so Gatesville education context can be useful when reading labor-market and school sections.
Unemployment is 4.3%, so Gatesville wage and job-market context should be compared with commute options and regional employment centers.
