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General Demographics

Total Population, 2022
10,3831
Population Change, April 2020 - July 2022
-921
Projected 2050 Population
9,9992
Under 18 Years Old
1,9941
Age 18-64 Years
6,0411
Age 65+ Years
2,3481
Median Age
47.33

Race / Ethnicity 3

White
62.97%3
Black/African American
31.35%3
Native American
0.61%3
Asian/Pacific Islander
0.06%3
Hispanic/Latino
3.21%3
Multi-Racial
1.81%3
Other Single Race
0.00%3
Sources

Financial Stability

Residents Below Federal Poverty Level, 2022
14.2%4
Median Household Income, 2022
$66,5614
Sources

Housing

Cost-Burdened Households (Spend 30% of Household Income on Housing)
23.1%5
Typical Home Value (July, 2023)
$191,0646
Median Gross Rent, 2 Bedroom Unit
$8605
Sources

Education

4-Year County High School Graduation Rate
86.6%7
Postsecondary Enrollment
50%8
Postsecondary Attainment (25-44 Year Olds With a Postsecondary Degree/Credential)
25.8%8
Sources

Employment

2024 County Economic Distress Tier
19
Total Workforce Employed, 2022
4,95210
Total Workforce Unemployed, 2022
17810
Average Weekly Wage, 2022
$85111
Residents Working in Home County
26.3%12
Labor Force Participation Rate
58.5%12
Unemployment Rate (Annual Average), 2022
3.5%13
Annual Living Wage - 1 Adult, 1 Child Household (Pre-Tax)
$67,64214
Avgerage Employment Change, 2012-22
-47 (-3% Decline)11
Gross Domestic Product, 2022
$240,95115
Top Industry By Employment, 2021
Health Care and Social Assistance (217 Employees)16
Top Employer in County, 2022
Gates County Board of Education (250-499 Employees)11
Sources

Health

Residents Uninsured
7.4%17
County Health Outcomes Rank
8118
Food Insecurity Rate, 2021
11.6%19
Overdose Deaths Per 100 Thousand Residents, 2021
43.220
Life Expectancy
7618
Sources

Broadband

Households Without Computing Device (Laptop, Smartphone, etc.)
9.2%21
Broadband Availability Index Score, 2021
47.922
Households without an Internet Subscription
26.1%21
Sources

Infrastructure

Designation of Water/Wastewater System as Distressed
Yes (Gates County)23

**Distressed is defined as a “public water system or wastewater system operated by a local government unit exhibiting signs of failure to identify or address those financial or operating needs necessary to enable that system to become or to remain a local government unit generating sufficient revenues to adequately fund management and operations, personnel, appropriate levels of maintenance, and reinvestment that facilitate the provision of reliable water or wastewater services” per Session Law 2020-79.**

Sources

Small Business: Statewide Data

Small businesses make up 99.6% of all NC Businesses.24

44.5% of all North Carolinians are small business employees.24

Business Ownership

Business Ownership - Women
44.8%24
Business Ownership - Veterans
8.0%24
Business Ownership - People of Color
20.8%24

Business Creation

2020
126,60025
2021
178,30025
2022
171,40025

Business Revenue

2019
$125,700,00025
2020
$141,400,00025
2021
$159,200,00025

Employment Data

Small Business Employment Change, March 2020 - March 2021
Net decrease of 11,762 jobs24
Small Business Establishment Change, March 2020 - March 2021
Net increase of 14,936 businesses24

Agriculture

Farms
45,00026
Acres of Farmland
8,300,00026
Average Acreage of NC Farms
18426

Major Sectors

Major Business Sectors
Aerospace and Defense; Automotive, Truck & Heavy Machinery; Biotechnology and Pharmaceuticals; Business and Financial Services; Corporate Headquarters; Energy; Food Processing and Manufacturing; Furniture; Information Technology; Plastics and Chemicals; Textiles; Tourism27
Sources