Profile

Gatesville is a diverse community with an economy based on retail, agriculture, and criminal justice. We have steadily grown our relationship with the Texas Department of Criminal Justice since 1989 and there are currently several prisons here. There are many advantages for locating your business here or for calling Gatesville home: 

Cost of Living

Average rental rate for a 2-bedroom apartment is approximately $350/mo. Single-family residential appraisal values average $38,880.

Low Crime Rate

Gatesville citizens enjoy one of the lowest crime rates in the state, along with one of the highest percentages of closed cases and recovered property.

Medical Facilities

Coryell Health located here in Gatesville, is governed by a local board. A full care system, Coryell Health can provide the latest heathcare and emergency services as well as residential  and home health services.
There are a number of additional medical facilities within 30 minutes of Gatesville.

Tax Rates

Tax Rates (per $100 assessed value)

Gatesville and Coryell County enjoy tax rates much lower than those found in larger cities, resulting in significant tax savings for businesses and individuals.

City 00.56
County 00.53
GISD 01.16
Total 02.24

 

Workforce

Gatesville enjoys an unemployment rate of 3.6%, and draws from a labor pool encompassing an area of approximately 40 miles, including portions of the Waco MSA, with a labor force of 99,500. The Temple/Killeen MSA includes a total civilian labor force of 114,000, with an unemployment rate of 4.3%.