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The total population of Gainesboro is estimated to be 1,086 with 542 males (49.91%) and 544 females (50.09%). There are 2 more females than males in Gainesboro.
The median household income in Gainesboro was $35,974 in 2021, which marked an an increase of 2,830(8.54%) from $33,144 in 2020. This income is 48.22% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Gainesboro sees its highest median household income among householders in the age group of 25 to 44 years old, at $46,390. Overall, the median household income for the town of Gainesboro stands at $35,974.
In Gainesboro, the median income for all workers aged 15 years and older, regardless of work hours, was $16,766 for males and $20,943 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $37,095 for males and $34,117 for females.
In Gainesboro, population is primarily represented by White households, reporting a median income of $36,751.
In 2022, the population of Gainesboro was 936, a 1.08% increase year-by-year from 2021. Previously, in 2021, Gainesboro's population was 926, a decline of 0.22% compared to a population of 928 in 2020.
The median age in Gainesboro, TN is 45.8, as per 2021 ACS 5-Year Estimates. Of the total population, 15.30% were under the age of 15, 18.49% aged 15 to 29, 42.99% aged 30 to 64, 20.22% aged 65 to 84, and 3.01% were 85 years of age and older.
Racial distribution of Gainesboro population: 89.44% are White, 2.64% are Black or African American, 0.36% are American Indian and Alaska Native, 0.82% are some other race and 6.74% are multiracial.