Fannett, TX
Population 1,698 · Texas
About Fannett, TX
Fannett is a small community in Texas with a population of 1,698 residents. The median household income is $92,731 per year, which is above the national average. The median age in Fannett is 46 years.
Housing in Fannett has a median home value of $232,500 and median monthly rent of $0. Of the 818 total housing units, the majority are owner-occupied, with 536 owner-occupied and 69 renter-occupied units.
The unemployment rate in Fannett is 3.8% and the poverty rate is 14.5%. 13.2% of residents hold a bachelor's degree or higher. The average commute time is 28.9 minutes.
Cost of Living in Fannett, TX
Compared to national averages, Fannett has a median household income of $92,731 (23% above the national median of $75,149). Home values average $232,500, which is 5% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Texas, Fannett's income is 28% above the state average of $72,726, and home values are 10% above the state median of $211,769.
Why Live in Fannett, TX?
Fannett offers a strong local economy with a median household income of $92,731, well above the national average, and affordable housing with a median home value of $232,500, below the US average of $244,900, and rent that’s lower than the national average at $0/month.
Fannett has a population of 1,698 with a median age of 46 years. Compare Fannett with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Fannett
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| De Kalb | 1,702 | $45,577 | $99,900 | Compare |
| Rockwell Place | 1,694 | $57,396 | $97,600 | Compare |
| Cienegas Terrace | 1,703 | $42,382 | $97,600 | Compare |
| Hale Center | 1,705 | $49,083 | $85,300 | Compare |
| Baird | 1,687 | $52,222 | $74,600 | Compare |
| Crosbyton | 1,718 | $39,000 | $58,900 | Compare |
| Grapeland | 1,720 | $36,918 | $154,000 | Compare |
| Hughes Springs | 1,676 | $50,924 | $138,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Fannett With Other Cities
Frequently Asked Questions about Fannett
What is the population of Fannett, TX?
The population of Fannett, TX is 1,698 according to the latest Census data.
What is the median household income in Fannett?
The median household income in Fannett, TX is $92,731 per year.
What is the median home value in Fannett?
The median home value in Fannett, TX is $232,500.
What is the average rent in Fannett?
The median monthly rent in Fannett, TX is $0.
What is the unemployment rate in Fannett?
The unemployment rate in Fannett, TX is 3.8%.