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Gaston town, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 1.8x is exceptionally low

As of 2026, Gaston town, Indiana has a total population of 709, the 435th largest city in Indiana, with a median household income of $49,417, which is 29% lower than the state average. The poverty rate is 14.9%.

Key Takeaways

Gaston town Quick Facts

Population 709
Median Household Income $49,417
Median Home Value $87,300
Poverty Rate 14.9%
Unemployment Rate 10.8%
Median Age 36.2 years
Homeownership Rate 74.4%
Affordability Ratio 1.8x
Bachelor's Degree or Higher 15.0%
High School Graduation Rate 89.5%
Diversity Index 21/100
Population 709 435th of 967
Median Income $49,417 bottom 30%
Poverty Rate 14.9% 20% higher national
Median Home Value $87,300 bottom 20%

How Gaston town Compares

Economy & Housing

Employment

10.8% Unemployment Rate State: 4.3% | National: 5.2%
65.1% Labor Force Participation

Housing Overview

Owner 74.4%
Renter 25.6%
Affordability Index Very Affordable
1.8x home value to income ratio

People & Demographics

Diversity Index

21out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Gaston town Rankings in Indiana

#435 Population of 967
#649 Median Income of 967
#463 Education of 967
#690 Home Value of 967

Cities Similar to Gaston town

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Boswell town703$49,091$92,40010.9%32.9%
Cromwell town703$48,500$111,80010.5%24.1%
Clarks Hill town706$45,875$98,2006.8%16.9%
Harmony town708$53,650$115,1005.0%14.0%
Mount Summit town742N/A$211,00018.5%8.8%

Population Overview

Gaston town is a small community located in Indiana. The total population is 709. It ranks as the 435th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Gaston town is 36.2 years. This is 5% lower than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Gaston town is $49,417. This is 29% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 37% lower. The poverty rate stands at 14.9%. This is 23% higher than the state poverty rate of 12.2%. The unemployment rate is 10.8%. This is 152% higher than the state rate of 4.3%. The median home value is $87,300. Housing costs are 57% lower than the state median of $201,600. With a home-value-to-income ratio of just 1.8x, Gaston town is one of the most affordable housing markets in the area. 74.4% of occupied housing units are owner-occupied. This homeownership rate is 6% higher than the state average of 70.3%.

Race & Ethnicity

Gaston town has a predominantly White (non-Hispanic) population, comprising 87.9% of all residents. Hispanic or Latino residents account for 3.2%. The Hispanic or Latino population (3.2%) is well below the state average of 8.4%. The Asian population (0.3%) is well below the state average of 2.5%.

Education

15.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 48% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.5%.

Data Sources & Methodology

All demographic data for Gaston town, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Gaston town, Indiana?

Gaston town, Indiana has a population of 709 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Gaston town, IN?

The median household income in Gaston town is $49,417, which is 37% lower the national median of $78,538.

What is the poverty rate in Gaston town, IN?

The poverty rate in Gaston town is 14.9%. This means approximately 106 residents live below the federal poverty line.

What is the racial makeup of Gaston town, Indiana?

Gaston town's population is 87.9% White, 0.0% Black, 3.2% Hispanic/Latino, and 0.3% Asian.

What is the median home value in Gaston town, IN?

The median home value in Gaston town is $87,300. The home-value-to-income ratio is 1.8x.

How educated is Gaston town, Indiana?

15.0% of adults (25+) in Gaston town hold a bachelor's degree or higher, and 7.4% hold a graduate or professional degree.