Gatesville, TX — income, home value, property tax, and sales tax.
In ZIP code 76596, near Gatesville, per-capita income stands at just $3,906, so everyday costs weigh heavily on local households. Property taxes are levied at 1.36% countywide, meaning a home's assessed value drives a significant annual bill. Sales taxes add 6.25% to purchases, a cost shoppers absorb with each transaction. Together, these two taxes chip away at already limited earnings, and housing expenses claim a large share as well. Any household balancing a mortgage or rent alongside these rates faces a tight financial picture, with little slack between what comes in and what goes out.