The median household income in Gaston was $47,250, 18.9% less than the median average for the state of Indiana. 16.9% of the population were in poverty, including 20% of residents under the age of 18. The poverty rate for the town was 4% higher than that of the state. 17.6% of the population were disabled and 6.5% had no healthcare coverage. 38.1% of the population had attained a high school or equivalent degree, 29.4% had attended college but received no degree, 6.5% had attained an Associate's degree or higher, 11.6% had attained a Bachelor's degree or higher, and 3.9% had a graduate or professional degree. 10.5% had no degree. 59.6% of Gaston residents were employed, working a mean of 38.1 hours per week. The median gross rent in Gaston was $736 and the homeownership rate was 81.6%. 27 housing units were vacant at a density of .
The median household income in Gaston was $47,250, 18.9% less than the median average for the state of Indiana. 16.9% of the population were in poverty, including 20% of residents under the age of 18. The poverty rate for the town was 4% higher than that of the state. 17.6% of the population were disabled and 6.5% had no healthcare coverage. 38.1% of the population had attained a high school or equivalent degree, 29.4% had attended college but received no degree, 6.5% had attained an. Associate's degree or higher, 11.6% had attained a Bachelor's degree or higher, and 3.9% had a graduate or professional degree. 10.5% had no degree. 59.6% of Gaston residents were employed, working a mean of 38.1 hours per week. The median gross rent in Gaston was $736 and the homeownership rate was 816%. 27 housing units were vacant at a density of .