Fate, TX
Population 20,757 · Texas
About Fate, TX
Fate is a mid-sized city located in Texas with a population of 20,757 residents according to the latest US Census Bureau American Community Survey data. The median household income is $129,500 per year, which is 72% above the national median of $75,149. The median age of 31.8 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Fate features a median home value of $361,100, which is 47% above the national median of $244,900. This positions Fate in a moderately priced market relative to the rest of the country. Median monthly rent is $2,528, 117% above the national average of $1,163/month. Of the 6,480 total housing units, 89% are owner-occupied (5,369 units) and 11% are renter-occupied (675 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Fate shows an unemployment rate of 6.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 3.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Fate have an average one-way commute time of 35.4 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
41.1% of Fate residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 25.6% White, 1.4% Hispanic or Latino, 1.0% Black or African American, and 5.8% Asian residents, with 10.8% of the population being foreign-born.
Cost of Living in Fate, TX
Compared to national averages, Fate has a median household income of $129,500 (72% above the national median of $75,149). Home values average $361,100, which is 47% above the national median. Monthly rent at $2,528 is 117% above the US average of $1,163. Within Texas, Fate's income is 78% above the state average of $72,726, and home values are 71% above the state median of $211,769.
Why Live in Fate, TX?
Fate offers a strong local economy with a median household income of $129,500, well above the national average, and a well-educated community where 41.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.8%, better than the national average.
Fate has a population of 20,757 with a median age of 31.8 years. Compare Fate with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Fate
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Brushy Creek | 20,953 | $137,630 | $451,500 | Compare |
| Princeton | 20,966 | $96,766 | $310,700 | Compare |
| Anna | 20,975 | $99,375 | $312,700 | Compare |
| Murphy | 21,001 | $165,109 | $508,500 | Compare |
| Portland | 20,369 | $81,944 | $226,900 | Compare |
| Stephenville | 21,345 | $55,504 | $226,300 | Compare |
| Alamo | 20,008 | $54,234 | $119,300 | Compare |
| Ennis | 21,546 | $72,772 | $225,900 | 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 Fate With Other Cities
Frequently Asked Questions about Fate
What is the population of Fate, TX?
The population of Fate, TX is 20,757 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Texas.
What is the median household income in Fate?
The median household income in Fate, TX is $129,500 per year, which is 72% above the national median of $75,149.
What is the median home value in Fate?
The median home value in Fate, TX is $361,100, which is 47% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Fate?
The median monthly rent in Fate, TX is $2,528, which is 117% above the national average of $1,163/month.
What is the unemployment rate in Fate?
The unemployment rate in Fate, TX is 6.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Fate, TX a good place to live?
Fate offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 20,757 and a median age of 31.8, the city appeals to young professionals and families.
How educated is Fate, TX?
41.1% of residents in Fate aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Fate?
Key cost-of-living indicators for Fate, TX: median home value is $361,100 (47% above national), median rent is $2,528/month, and median household income is $129,500. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Fate?
The poverty rate in Fate, TX is 3.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Fate, TX?
Fate's population is 25.6% White, 1.4% Hispanic or Latino, 1.0% Black or African American, 5.8% Asian, and 11.2% two or more races. 10.8% of residents are foreign-born.