Fate is a medium-sized city located in the state of Texas. With a population of 22,811 people and six associated neighborhoods, Fate is the 161st largest community in Texas. There's nothing like the smell of a brand new house, and in Fate, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Fate, and putting down their money on brand new construction. Fate’s real estate is, on average, some of the newest in the nation. Fate does seem to be experiencing an influx of affluent people, because the median household income is $121,935.00.

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.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 11.54% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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 very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Fate really has some of the features that families look for when choosing a good community to raise children. Is Fate perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.

One downside of living in Fate is that it can take a long time to commute to work. In Fate, the average commute to work is 34.63 minutes, which is quite a bit higher than the national average.

The education level of Fate ranks among the highest in the nation. Of the 25-and-older adult population in Fate, 44.32% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.

The per capita income in Fate in 2022 was $41,305, which is wealthy relative to Texas, and upper middle income relative to the rest of the US. This equates to an annual income of $165,220 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 29.06% 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.