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CITY

Fannett

Texas · 1,654 residents · 9.805 sq mi
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The short version

Fannett is wealthier than most US places, with a median household income of $90,962. Population has held roughly steady since 2023. 21% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $230,900. With a median age of 48.5, the population is older than the US median of 38.9. It sits in the top 10% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 48.5
US median: 38.9
Less educated
21% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
1,654
−3%since 2023
from 1,698 in 2023
2010 – 2024
Population density
169 / sq mi
−3%since 2023
from 173 / sq mi in 2023
US average: 281
Median age
48.5
+5%since 2023
from 46.0 in 2023
US average: 38.9
Population, 2010 – 2024
2K2K2K2K2K201020202024Fannett
20242K
201020202024
Section 02

Income & economy

Median household income
$90,962
−5%inflation adjusted, since 2023
from $92,731 in 2023
US average: $82,259
2010 – 2024
Per capita income
$40,419
+9%since 2023
from $37,174 in 2023
US average: $44,673
Households earning $100K+
53.1%
−2.3 ptssince 2023
from 55.4% in 2023
US average: 53.3%
Poverty rate
9.7%
−4.8 ptssince 2023
from 14.5% in 2023
US average: 12.5%
Income inequality (Gini)
0.428
−5%since 2023
from 0.453 in 2023
US average: 0.476
Workforce by industry, 2024
Wholesale trade14.1%
US avg: 6.9%
Retail trade13.8%
US avg: 9.9%
Information13.3%
US avg: 10.8%
Other services10.3%
US avg: 6.7%
Public administration8%
US avg: 4.8%
Finance & insurance7.1%
US avg: 5.9%
Professional, scientific, technical7.1%
US avg: 5.1%
Agriculture, forestry, fishing2%
US avg: 1.6%
Manufacturing2%
US avg: 0.4%
Construction0%
US avg: 1.2%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$230,900
−4%inflation adjusted, since 2023
from $232,500 in 2023
US average: $376,019
2010 – 2024
Owner-occupied
88.7%
+0.1 ptssince 2023
from 88.6% in 2023
11.3% rent
Vacancy rate
26.9%
+0.9 ptssince 2023
from 26.0% in 2023
US average: 10.0%
Owner cost-burdened
29.9%
+1.7 ptssince 2023
from 28.2% in 2023
US average: 22.9%
Renter cost-burdened
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 47.4%
Afford Score
2.5
+1%since 2023
from 2.5 in 2023
2010 – 2024
Gentrification Score
43
RELATED:See current rent listings in Fannett on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic69.7%(1,183)
Black3.9%(66)
Hispanic / Latino17.7%(300)
Asian7.8%(133)
Other0.9%(16)
Diversity Score59.5%(1,010)
2024
White, non-Hispanic74.2%(1,228)
Black6.7%(111)
Hispanic / Latino4.8%(79)
Asian13.2%(219)
Other1%(17)
Diversity Score53%(877)
Diversity Score
53
−11%since 2023
from 59 in 2023
2010 – 2024
Section 05

Education

Bachelor's degree or higher
21.0%
+7.8 ptssince 2023
from 13.2% in 2023
US average: 35.6%
High school or higher
91.6%
+7.6 ptssince 2023
from 84.0% in 2023
US average: 89.6%
Graduate degree
8.4%
+2.2 ptssince 2023
from 6.2% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
25.8 min
−11%since 2023
from 28.9 min in 2023
US average: 26.5
Drive alone to work
93.5%
+4.9 ptssince 2023
from 88.6% in 2023
US average: 68.9%
Carpooled to work
4.8%
−5.4 ptssince 2023
from 10.2% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 15.0%
Walked to work
1.7%
+1.4 ptssince 2023
from 0.3% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
9.2%
−0.2 ptssince 2023
from 9.4% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
0.0%
−3.8 ptssince 2023
from 3.8% in 2023
US average: 5.2%
Labor force participation
65.6%
+20.2 ptssince 2023
from 45.4% in 2023
US average: 63.5%
Self-employed
16.8%
−0.4 ptssince 2023
from 17.1% in 2023
US average: 13.1%
Management & professional
40.6%
−15.9 ptssince 2023
from 56.5% in 2023
US average: 42.5%
Section 08

People & community

Male
51.8%
+6.8 ptssince 2023
from 45.0% in 2023
Female
48.2%
−6.8 ptssince 2023
from 55.0% in 2023
Foreign born
10.4%
−6.7 ptssince 2023
from 17.1% in 2023
US average: 14.1%
Veterans
3.9%
−3.0 ptssince 2023
from 6.8% in 2023
US average: 6.2%
With a disability
11.2%
−3.3 ptssince 2023
from 14.5% in 2023
US average: 13.3%
Uninsured
12.9%
−11.9 ptssince 2023
from 24.8% in 2023
US average: 8.4%
Broadband at home
95.6%
+0.7 ptssince 2023
from 94.9% in 2023
US average: 91.0%
English only at home
85.3%
+9.0 ptssince 2023
from 76.3% in 2023
US average: 77.7%
Spanish at home
5.0%
−12.8 ptssince 2023
from 17.8% in 2023
US average: 13.6%
Drill deeper

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Frequently asked

How many people live in Fannett, Texas?

Fannett, Texas has about 1,654 residents according to the 2024 American Community Survey.

What is the median household income in Fannett, Texas?

The typical household in Fannett, Texas earns about $90,962 a year. Half of households make more than that, and half make less.

Is Fannett, Texas expensive?

In Fannett, Texas, the median home is worth about $230,900.

How educated are people in Fannett, Texas?

About 21.0% of adults age 25 and over in Fannett, Texas hold a bachelor's degree or higher.

What is the poverty rate in Fannett, Texas?

About 9.7% of people in Fannett, Texas live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →