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Fate, Texas Demographics & Population 2026

During the 2020–2024 ACS period, Fate, Texas had a total population of 22,884, the 150th largest city in Texas, with a median household income of $132,752, which is 69% higher than the state average. The poverty rate is 3.6%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Fate Quick Facts

Population 22,884
Median Household Income $132,752
Median Home Value $384,300
Poverty Rate 3.6%
Unemployment Rate 5.4%
Median Age 31.6 years
Homeownership Rate 91.5%
Affordability Ratio 2.9x
Bachelor's Degree or Higher 42.3%
High School Graduation Rate 92.1%
Diversity Index 64/100
Population 22,884 150th of 1,795
Median Income $132,752 top 10%
Poverty Rate 3.6% 71% lower than national
Median Home Value $384,300 top 20%

How Fate Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population20,75722,884+10.2%
Median household income$129,500$132,752+2.5%
Median home value$361,100$384,300+6.4%

How Fate Compares

Economy & Housing

Household Income Distribution

Under $25K 4.4%
$25K-$50K 3.8%
$50K-$100K 20.4%
$100K+ 71.4%
Detailed income brackets
Under $10K
2.3%
$10K-$15K
0.9%
$15K-$20K
0.9%
$20K-$25K
0.2%
$25K-$30K
0.9%
$30K-$35K
0.0%
$35K-$40K
1.4%
$40K-$45K
0.9%
$45K-$50K
0.5%
$50K-$60K
2.9%
$60K-$75K
7.4%
$75K-$100K
10.2%
$100K-$125K
17.7%
$125K-$150K
13.7%
$150K-$200K
19.3%
$200K+
20.7%

Employment

5.4% Unemployment Rate State: 5.3%|National: 5.2%
75.6% Labor Force Participation

Housing Overview

Owner 91.5%
Renter 8.5%
Affordability Index Very Affordable
2.9x home value to income ratio
Median gross rent $2,500/mo 22.6% of median household income annually

People & Demographics

Diversity Index

64out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 67 | National average: 61

Education

Fate Rankings in Texas

#150 Population of 1,795
#113 Median Income of 1,546
#226 Education of 1,795
#187 Home Value of 1,542

Other Cities in Rockwall County

CityPopulationMedian IncomePovertyHome Value
Rockwall 51,168 $115,580 4.0% $411,700
Mobile City 296 N/A 51.3% $22,200

Cities Similar to Fate

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Pecan Grove24,272$131,937$383,50050.1%5.9%
Corinth23,385$120,580$375,60045.5%3.5%
Melissa20,136$138,763$454,00052.6%1.9%
Katy25,184$114,912$401,70048.8%8.1%
Anna24,330$105,593$351,70031.4%7.8%

Population Overview

Fate is a small city located in Texas, within Rockwall County. The total population is 22,884. It ranks as the 150th most populous out of 1,795 Census-designated places in Texas.

Age Demographics

The median age in Fate is 31.6 years. This is 11% lower than the state median of 35.6 years. With 33.6% of the population under 18, Fate has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Fate is $132,752. This is 69% higher than the state median of $78,476. It is also 64% higher than the national median of $80,734. The poverty rate stands at 3.6%. This is 74% lower than the state poverty rate of 13.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 5.4%. This is 3% higher than the state rate of 5.3%. The median home value is $384,300. Housing costs are 35% higher than the state median of $283,800. With a home-value-to-income ratio of just 2.9x, Fate is one of the most affordable housing markets in the area. 91.5% of occupied housing units are owner-occupied. This homeownership rate is 46% higher than the state average of 62.6%.

Race & Ethnicity

The largest racial or ethnic group in Fate is White (non-Hispanic), making up 49.5% of the population. Hispanic or Latino residents account for 32.0%.

Education

42.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 25% higher than the state rate of 33.8%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.1%.

Data Sources & Methodology

All demographic data for Fate, Texas is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Texas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,795 Census-designated places in Texas. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Fate, Texas?

Fate, Texas has a population of 22,884 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Fate, TX?

The median household income in Fate is $132,752, which is 64% higher than the national median of $80,734.

What is the poverty rate in Fate, TX?

The poverty rate in Fate is 3.6%. This means approximately 822 residents live below the federal poverty line.

What is the racial makeup of Fate, Texas?

Fate's population is 49.5% White, 11.0% Black, 32.0% Hispanic/Latino, and 3.0% Asian.

What is the median home value in Fate, TX?

The median home value in Fate is $384,300. The home-value-to-income ratio is 2.9x.

How educated is Fate, Texas?

42.3% of adults (25+) in Fate hold a bachelor's degree or higher, and 14.7% hold a graduate or professional degree.