Fate is a medium-sized city located in the state of Texas. With a population of 24,626 people and six associated neighborhoods, Fate is the 161st largest community in Texas. Fate has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Fate, where the median household income is $129,500.00.
Fate real estate is some of the most expensive in Texas, although Fate house values don't compare to the most expensive real estate in the U.S.
Also of interest is that Fate has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Fate telecommute to their jobs. Overall, about 17.50% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Fate is a great place for families with children to consider. First of all, many other families with children live here, making Fate a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Fate has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Fate’s overall crime rate is lower than average for the country.
One downside of living in Fate, however, is that residents on average have to contend with a long commute, spending on average 35.39 minutes every day commuting to work.
Being a small city, Fate does not have a public transit system used by locals to get to and from work.
The citizens of Fate are among the most well-educated in the nation: 41.09% of adults in Fate have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree.
The per capita income in Fate in 2022 was $40,224, which is wealthy relative to Texas, and upper middle income relative to the rest of the US. This equates to an annual income of $160,896 for a family of four.
Fate is an extremely ethnically-diverse city. The people who call Fate home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Fate residents report their race to be White, followed by Black or African-American. Fate also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 32.74% of the city’s residents. Important ancestries of people in Fate include English, German, Irish, Italian, and Polish.
The most common language spoken in Fate is English. Other important languages spoken here include Spanish and Vietnamese.