Cost of Living in Fate, TX

Population 20,757 · Texas · Data vintage 2023

148
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Fate is effectively a commuter community: the average resident spends 38 minutes each way getting to work, well above the 27-minute US median. Housing costs ($361,000 for a typical home) tend to reflect the tradeoff between price and access. Unemployment has stayed elevated relative to the national figure — 6.2% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Fate sits roughly 14 miles east of Garland. Median home values run roughly 45% higher than Garland's $249,000.

Cost Overview

Housing 118
Rent 192

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Fate

The median home value in Fate is $361,100 — 18% above the national median of $305,000. Median rent runs $2,528/month, 92% higher than the national median of $1,314/month. The median household income of $129,500/year is 74% higher than the US median of $74,580. The local unemployment rate is 6.2%, above the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 77.4°F and lows of 55.4°F. Overall, Fate has a cost of living index of 148 versus the US average of 100, meaning it is 48% more expensive.

🏠 Housing

Median Home Value
$361,100
18% above avg
Zillow Home Value
$359,884
Zillow ZHVI
Median Rent
$2,528/mo
92% above avg
Zillow Rent
$2,007/mo
Zillow ZORI
Price-to-Rent Ratio
11.9x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$766
1 BR
$811
2 BR
$981
3 BR
$1,307
4 BR
$1,509
Owner-occupied 88.8%
Renter-occupied 11.2%

💰 Estimated Monthly Budget

Rent median rent
$2,528
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,142/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
38.3 min
42% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.5%

Commute Mode

Drove alone
72.2%
Carpooled
8.5%
Walked
0.4%
Work from home
17.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 8.2%
State rate 6.3%
Avg local rate 1.9%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$129,500
74% above avg
Per Capita Income
$40,224
Unemployment Rate
6.2%
29% above avg
Poverty Rate
3.8%
Labor Force Participation
74.9%

🎓 Education

Bachelor's degree+ 27.3%
Graduate degree 13.8%

👥 Demographics

Median Age 31.8
Male median age 31.1
Female median age 33.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
77.4°F
Avg Low
55.4°F
Annual Precip
38.4"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 576269768492969690796859
Low °F 364047546371747467564538
Precip" 2.622.733.693.064.723.402.002.302.744.543.063.56

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 34 — Good
93.6%
Good air days/yr
100
Max AQI recorded
0
PM2.5 days
342
Ozone days

Frequently Asked Questions

What is the cost of living in Fate, TX?

Fate has a cost index of 148 (100 = national average). It is 48% above the national average.

What is average rent in Fate, TX?

The median gross rent in Fate is $2,528 per month based on 2023 Census data.

What is the average home price in Fate?

The median home value in Fate is $361,100 according to Zillow and Census data.

What is the median income in Fate?

The median household income in Fate is $129,500 per year (2023 ACS 5-year estimates).

What is the sales tax in Fate, TX?

The combined state and local sales tax rate in Fate is 8.2%. Texas has no state income tax.

Is Fate, TX affordable?

Fate is above average in cost of living, with an index of 148 — about 48% higher than the national average.

What is the weather like in Fate?

Fate has average high temperatures of 77.4°F and average lows of 55.4°F. Annual precipitation is 38.4". Data from NOAA 1991–2020 Climate Normals.

Fate at a Glance

Population
20,757
Median Income
$129,500
Home Value
$361,100
Median Rent
$2,528/mo
Unemployment
6.2%
Avg High Temp
77.4°F
Sales Tax
8.2%
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