Living in Fannett, Texas

Cost of living, income, home prices, rent and demographics of Fannett · Census data 2020–2024

Fannett has 1,654 residents with a median age of 48.5. The median household income is $90,962 (16% higher than the Texas median), the median home value is $230,900.

Fannett at a glance

Population
1,654
Median age
48.5State: 35.6
Median household income
$90,962State: $78,476
Median home value
$230,900State: $283,800
Homeowners
88.7%
Bachelor's degree or higher
21%
Average commute
26 min

Is Fannett a good place to live?

Pros: Median household income 16% higher than the Texas median; home values 19% lower than the state median; an average commute of 26 minutes; unemployment of 0%; a poverty rate of 9.7%.

The weather is best in March–April and October–November.

Cost of living in Fannett

Housing is the biggest part of the cost of living. In Fannett the median home value is $230,900, 31% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,885 a month in housing costs.

Median home value

Fannett$230,900
Texas$283,800
United States$332,700

Median monthly rent

Texas$1,403
United States$1,413

Fannett median household income

The median household income in Fannett is $90,962 and the income per person is $40,419. 9.7% of residents live below the poverty line (Texas: 13.8%).

Median household income

Fannett$90,962
Texas$78,476
United States$80,734

Housing in Fannett: homes for sale and rent

Housing units
966
Owner-occupied
88.7%
Renter-occupied
11.3%
Vacant
26.9%Includes seasonal homes
Median year built
2000
Average household size
2.34

Fannett demographics

Population
1,654
Median age
48.5
Under 18
15.5%
65 and older
14.1%
Households
706
Foreign-born
10.4%
Veterans
3.9%Adults 18+

Race and ethnicity

White75.5%
Hispanic or Latino4.8%
Black6.7%
Asian13.2%

Hispanic or Latino can be of any race. Population history of Fannett ›

Education in Fannett

21% of adults 25 and older in Fannett have a bachelor's degree or higher (Texas: 33.8%), and 8.4% have a graduate or professional degree.

Bachelor's degree or higher

Fannett21%
Texas33.8%
United States35.7%

Jobs and commute in Fannett

Unemployment rate
0%State: 5.3%
Average commute
26 minState: 27 min
Work from home
0%
Drive alone
93.5%
Public transit
0%
Walk to work
1.7%
Homes with broadband
95.6%

Fannett vs nearby towns

TownPopulationMedian incomeHome valueRent
Fannett1,654$90,962$230,900—
Hamshire1,388$102,800$202,600—
Taylor Landing284$134,063$296,800—
China963$55,104$186,500$950
Winnie3,290$80,913$166,500$1,417
Beaumont113,279$56,997$166,400$1,121
Nome253$58,125$166,100—
Central Gardens3,976$83,750$216,700$793
Nederland18,381$77,570$208,300$1,400

More for people moving to Fannett

Fannett ZIP code ›Weather and climate ›

Living in Fannett: FAQ

What is the median household income in Fannett, TX?

The median household income in Fannett is $90,962, 16% higher than the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Fannett?

The median home value in Fannett is $230,900, compared with $283,800 in Texas.

Is Fannett, TX a good place to live?

Pluses: median household income 16% higher than the Texas median; home values 19% lower than the state median; an average commute of 26 minutes; unemployment of 0%; a poverty rate of 9.7%.

What is the median age in Fannett?

The median age in Fannett is 48.5 years (Texas: 35.6).

How long is the commute in Fannett?

The average commute to work in Fannett is 26 minutes; 0% of workers work from home.

What is the unemployment rate in Fannett?

The unemployment rate in Fannett is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Fannett?

21% of adults in Fannett have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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