1st Advantage MortgageAbout 79% of Fannin County homes are owner-occupied, and the median household income is $72,295. Your income, debts and credit decide what you qualify for. Get offers in writing, compare the total repaid, and never pay a fee up front.
On this page
- Who lives in Fannin County
- Income in Fannin County compared with Texas
- Fannin County housing compared with Texas
- Employment and commuting in Fannin County
- Counties near Fannin County
- Towns and communities in Fannin County
- What a median Fannin County budget can carry
- Reading the Fannin County data as a borrower
- Fannin County households compared
- Four steps for Fannin County borrowers
- Texas rules that apply in Fannin County
- More guides for Fannin County
- Frequently asked questions
Who lives in Fannin County
The latest five-year Census estimate puts Fannin County's population at 37,326; only 84 of Texas's 254 county-level areas are larger. Land area is 878 square miles (2024 Gazetteer), so density runs near 43 per square mile. No metropolitan area includes Fannin County in the 2023 federal delineation, so its numbers stand on their own rather than as part of a metro. The Census Bureau counts 12 places in the county (12 incorporated, 0 census-designated); the largest is Bonham, with about 10,697 residents, or 29% of the county.
Income in Fannin County compared with Texas
At $72,295, the typical Fannin County household income is 10% above the median U.S. county ($65,681). In the state ranking that is 67th of 254.
| Households earning | Fannin County | +/- vs Texas |
|---|---|---|
| Under $35,000 | 24.3% | +2.9 pts |
| $35,000 to $99,999 | 41.9% | +2.5 pts |
| $100,000 to $199,999 | 24.3% | -2.5 pts |
| $200,000 or more | 9.6% | -2.9 pts |
About 24% of households earn under $35,000, while 34% clear $100,000. The poverty rate is 13.7%, the same as the state's 13.8%. Income inequality, measured by the Gini index, comes to 0.463 here. For a borrower in Fannin County, the county median is only context: a lender looks at the income you can document, so pay stubs, benefit letters or tax returns matter more than any average.
Fannin County housing compared with Texas
A typical Fannin County rental runs $1,035 a month including utilities, which is 26% below Texas. 42% of renting households spend 30% or more of income on rent, and 24% spend half or more. With a median value of $233,700, a typical Fannin County house costs 3.2 times what the median household earns in a year. The ownership rate is 79%. The median year built is 1987.
| Fannin County | Texas | U.S. county median | |
|---|---|---|---|
| Median gross rent | $1,035/mo | $1,403/mo | $877/mo |
| Median home value | $233,700 | $283,800 | $185,300 |
| Owners | 79% | 63% | 75% |
| Rent-burdened renters | 42% | 52% | 45% |
| Burdened owners | 28% | 29% | n/a |
| Vacant units | 14% | 9% | n/a |
Owners with equity have a second option. Weigh a secured line against an unsecured loan by risk as well as cost before you choose (how they compare).
Employment and commuting in Fannin County
By the Census industry count, 18% of employed Fannin County residents work in education and health care and 17% in manufacturing. The sharpest difference from the state is in manufacturing, at 17% locally and 9% for Texas. Averaged over the five survey years, 5.0% of the labor force was out of work and looking. About 73% drive to work alone and 24% have trips of 45 minutes or more.
| Industry | Share of Fannin County workers | vs Texas |
|---|---|---|
| Education and health care | 18.3% | -3.3 pts |
| Manufacturing | 17.2% | +8.6 pts |
| Construction | 9.8% | +1.3 pts |
| Retail trade | 9.5% | -1.5 pts |
| Professional and administrative services | 9.4% | -3.5 pts |
| Finance, insurance and real estate | 7.2% | +0.2 pts |
A lender verifies what your own job pays. The county's industry mix tells you about the local economy, not about your application.
Counties near Fannin County
Nearest neighbors first, measured between county centers (27 to 39 miles). 1 of the six report a higher median household income than Fannin County; Collin County is highest at $121,600 and Bryan County lowest at $57,225. Some neighbors are in Oklahoma. Lender licensing is state by state, so a loan for a Fannin County resident follows Texas rules.
| County | Miles | Median household income | Median rent | Homeownership |
|---|---|---|---|---|
| Fannin County | - | $72,295 | $1,035/mo | 79% |
| Bryan County, OK | 27 mi | $57,225 | $960/mo | 64% |
| Delta County, TX | 29 mi | $66,575 | $945/mo | 83% |
| Lamar County, TX | 31 mi | $61,880 | $949/mo | 66% |
| Hunt County, TX | 32 mi | $71,938 | $1,222/mo | 71% |
| Grayson County, TX | 33 mi | $72,182 | $1,310/mo | 67% |
| Collin County, TX | 39 mi | $121,600 | $1,859/mo | 65% |
Towns and communities in Fannin County
Here are the 12 most populous of the county's 12 Census places, with income and rent from the same 2020 to 2024 survey. About 56% of Fannin County residents live in one of the 12. Dodd City has the highest median household income on the list ($113,906) and Honey Grove the lowest ($46,713), counting places with at least 500 residents. Rent is cheapest in Ladonia ($442) and steepest in Dodd City ($1,514). No Fannin County place has a separate guide yet; this county page serves all 12.
| Place | Type | Population | Median income | Median rent | From county center |
|---|---|---|---|---|---|
| Bonham | city | 10,697 | $57,681 | $1,073 | 5 mi |
| Leonard | city | 2,505 | $54,717 | $1,227 | 17 mi |
| Honey Grove | city | 1,824 | $46,713 | $581 | 11 mi |
| Whitewright | town | 1,659 | $57,692 | $743 | 18 mi |
| Savoy | city | 1,010 | $60,875 | $1,052 | 15 mi |
| Ector | city | 820 | $66,161 | $1,113 | 10 mi |
| Trenton | city | 653 | $53,929 | $1,286 | 18 mi |
| Ladonia | town | 537 | $49,714 | $442 | 14 mi |
| Dodd City | town | 503 | $113,906 | $1,514 | 2 mi |
| Ravenna | city | 272 | $67,500 | n/a | 10 mi |
| Bailey | city | 198 | $52,917 | $1,300 | 11 mi |
| Windom | town | 73 | $64,375 | n/a | 6 mi |
What a median Fannin County budget can carry
How much room does a median Fannin County budget have? Take median income, subtract median rent, and check what is left under a few common debt-to-income limits.
- Median income divided by twelve: $6,025 before taxes
- Median rent: $1,035, or 17 cents of every gross dollar
- At 43%, room after rent is $1,556 a month
Lenders set their own limits and look beyond the ratio. The DTI calculator uses your figures instead of Fannin County's.
Reading the Fannin County data as a borrower
What the Fannin County figures suggest, and what to check first:
- Uninsured care. 14% lack coverage here; nonprofit hospitals must publish an assistance policy, so ask for it first (guide).
- Commuter costs. 24% drive 45 minutes or more. Compare shop financing with a loan, and keep a small repair fund.
- Manufactured homes. 13% of Fannin County housing units are mobile homes, and their repairs are often paid with unsecured loans. Get the quote in writing.
Fannin County households compared
Degree holders: 19% of adults over 25. 14.3% of residents have no health coverage.
| Residents | Fannin County | Texas | Middle U.S. county |
|---|---|---|---|
| Median age | 41.0 | 35.6 | 41.5 |
| Bachelor's or higher | 19.5% | 33.8% | 22.2% |
| No high school diploma | 12.3% | 14.0% | n/a |
| No health insurance | 14.3% | 17.1% | 7.8% |
| No vehicle | 3.4% | 5.4% | 5.4% |
| Work from home | 13.5% | 14.4% | 8.7% |
| Poverty rate | 13.7% | 13.8% | 13.2% |
| Unemployment (ACS) | 5.0% | 5.3% | 4.4% |
| Minutes to work | Fannin County workers |
|---|---|
| Under 15 min | 28.6% |
| 15 to 29 min | 23.1% |
| 30 to 44 min | 24.0% |
| 45 to 59 min | 10.5% |
| 60+ min | 13.8% |
Four steps for Fannin County borrowers
Quick steps for Fannin County:
- Price the Fannin County expense first and borrow that amount, no more.
- Prequalify with soft pulls where offered, then compare in writing.
- Confirm the lender is licensed in Texas.
- Never pay a fee up front to get a loan.
Texas rules that apply in Fannin County
No county office licenses personal lenders. For Fannin County, check the Texas Department of Banking. The Office of Consumer Credit Commissioner handles consumer-credit questions as well. The Consumer Financial Protection Bureau accepts complaints nationwide. More on Texas: Texas personal loans.
More guides for Fannin County
For statewide rules and data, see the Texas guide.
Frequently asked questions
Is Fannin County a high-income county?
Its $72,295 median ranks 67th of 254 Texas counties and compares with $65,681 for the median U.S. county.
What do renters pay in Fannin County?
$1,035 a month at the median, about 17% of median household income.
Should Fannin County homeowners use home equity instead?
Maybe, but weigh the risk: 79% of Fannin County homes are owner-occupied, and a home-equity loan or line is secured by the house while a personal loan usually is not.
What are the biggest places in Fannin County?
By population: Bonham, Leonard, Honey Grove, Whitewright, Savoy. The county has 12 Census places in all.
Can Fannin County residents use the questionnaire?
Yes. It asks the same questions in every Texas county, lists every requirement up front and does not affect your credit score.