Gaston is located close to the center of Indiana. Gaston is between the Delaware, Grant, Madison county. Gaston has 0.35 square miles of land area and has no water area. As of 2010-2014, the total Gaston population is 896, which has shrunk 11.29% since 2000. The population growth rate is much lower than the state average rate of 7.60% and is much lower than the national average rate of 11.61%. Gaston median household income is $40,966 in 2010-2014 and has grown by 28.61% since 2000. The income growth rate is much higher than the state average rate of 17.25% and is about the same as the national average rate of 27.36%. Gaston median house value is $69,500 in 2010-2014 and has grown by 20.45% since 2000. The house value growth rate is lower than the state average rate of 30.12% and is much lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Gaston is better than the state average in quality. The Gaston area code is 765.