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The median income for a household in the town is $49,375, and the median income for a family is $62,500. Males have a median income of $40,625 versus $27,500 for females. The [[per capita income]] for the town is $18,190. 3.9% of the population and 2.8% of families are below the [[poverty line]]. Out of the total population, 5.4% of those under the age of 18 and 9.8% of those 65 and older are living below the poverty line.
As of 2006, the town council members consist of C.H. Carter, Wade Hobbs, and Frederick Smith. The mayor of Gatesville is Elton Winslow.
== External links ==
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