Gunter was founded in 1902 when the family of John Gunter deeded for the original townsite, near the intersection of current State Highway 289 and Farm to Market Road 121. The first residence was established in 1903 by Albert Earthman, who would later charter the First National Bank in Gunter. A second bank, the First State Bank, would later open. Gunter steadily grew until 1924, when the First State Bank closed its doors, leaving many businessmen and farmers in financial ruin. The Great Depression and two devastating fires in 1930 and 1948 further damaged the local economy. However, Gunter began to grow again in the 1950s, and experienced its greatest growth in the last two decades, growing 37% in population during the 1990s. Gunter has started to experience overflow growth from the northern Metroplex suburbs, due to its location on State Highway 289 approximately north of Celina, as well as its proximity to the Sherman - Denisonmetropolitan area and nearby Lake Texoma. Recent developments include the opening of a Sonic Drive-In and a Dollar General. In May 2002, a branch of Ada, Oklahoma-based Landmark Bank opened in Gunter, providing the town its first financial institution in nearly 90 years.
Geography
Gunter is located in southwestern Grayson County at . State Highway 289 leads north to Sherman, the county seat, and south to Celina. The city's boundaries expanded dramatically during the decade between 2000 and 2010. According to the United States Census Bureau, the city had a total area of, all of it land, in 2000, which had risen to in 2010, of which were land and, or 0.63%, were water.
Demographics
As of the census of 2010, there were 1,498 people, 324 households, and 243 families residing in the city. The population density was 818.7 people per square mile. There were 345 housing units at an average density of 229.6/sq mi. The racial makeup of the city was 82.36% White, 0.73% African American, 1.22% Native American, 0.49% Asian, 13.41% from other races, and 1.79% from two or more races. Hispanic or Latino of any race were 24.88% of the population. There were 324 households, out of which 43.5% had children under the age of 18 living with them, 56.8% were married couples living together, 13.9% had a female householder with no husband present, and 24.7% were non-families. 23.5% of all households were made up of individuals, and 14.8% had someone living alone who was 65 years of age or older. The average household size was 3.02 and the average family size was 3.60. In the city, the population was spread out, with 28.0% under the age of 18, 9.8% from 18 to 24, 24.6% from 25 to 44, 16.9% from 45 to 64, and 20.7% who were 65 years of age or older. The median age was 35 years. For every 100 females, there were 84.4 males. For every 100 females age 18 and over, there were 80.2 males. The median income for a household in the city was $40,000, and the median income for a family was $41,957. Males had a median income of $30,625 versus $25,938 for females. The per capita income for the city was $13,535. About 6.2% of families and 7.7% of the population were below the poverty line, including 7.7% of those under age 18 and 7.2% of those age 65 or over.
