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Gainesboro Apartment Features
Living In Gainesboro, TN
A small town located in Tennessee, Gainesboro has just under 1,000 residents. Retirees account for a greater percentage of the population (25%) here than nationally (14%), while young professionals appear in smaller numbers. Overall, the town's residents, at an average age of just over 44, skew older than most cities in Tennessee. Only 22% of residents rent in Gainesboro, as most own their homes. With a relatively low average rent of $503/month in the town, renting remains an affordable option, particularly compared to other cities in Tennessee. Over the course of a year, renters in Gainesboro will save around $4,600 compared to the state average.
Gainesboro has an average commute time of about 30 minutes. Many residents (26%) commute to work by car or truck, while public transportation isn't used. Few workers commute on foot.
Gainesboro workers earn an average annual income of nearly $36,000, less than the average Tennessee resident. The town's average income also falls below the national average ($73,345). Compared to the national average (5%), Gainesboro has a relatively large concentration of residents older than 25 who have earned an Associate's degree (7%). Additionally, 4% have a Bachelor's degree and 2% possess a Master's or Doctoral degree.
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