Fair Oaks Ranch, TX

This city of 12,435 residents needs 905 more housing units over the next five years. Fair Oaks Ranch is part of the Alamo Area MPO.

Housing snapshot

Population
12,435 (2026)
Households
4,025
Median household income
$202,284 (2026)
Typical home value
$596,161
Owner-occupied
91%
Five-year housing need
905 units

Comparison to other Texas municipalities

Fair Oaks Ranch: $202,284 Median income (2026 estimate)
<$23K >$162K
Fair Oaks Ranch: 0.3 jobs to household ratio
<0 >2.52
Fair Oaks Ranch: Permits since 2021 represent 13.5% of housing
<0% >28%
On this page

How affordable is this community?

The typical home in Fair Oaks Ranch, TX is valued at $596,161, well above the Texas average of $245,578. Fair Oaks Ranch, TX's median household income of $202,284 comfortably exceeds what is needed to afford the typical home, making this a relatively affordable market.

This chart tracks whether housing prices are keeping pace with local incomes. The gap between what homes cost and what households can afford reveals affordability trends over time.

How is the population changing?

Fair Oaks Ranch, TX has a population of roughly 10,728 and is one of the faster-growing communities in its state, adding residents at 3.9% per year.

Population growth patterns reveal how communities are evolving. This chart shows historical population changes by age group and projects future trends based on demographic patterns.

How has employment changed over time?

Jobs by industry sector since 2012. Switch between local jobs — counted where the jobs are located — and resident jobs, counted where the workers live. On the local view the most recent year is a nowcast: it grows the latest local LODES job mix forward using recent county employment growth from QCEW and the BLS local employment series, so the newest point tracks today's economy instead of data that is roughly two years old.

How are households changing by income?

Fair Oaks Ranch, TX is one of the faster-growing communities in Texas, adding households at 3.9% per year and totaling roughly 4,025 households.

Understanding how households at different income levels are growing or declining helps identify which groups face the greatest housing pressure and where new housing is most needed.

Who lives here today?

The housing stock in Fair Oaks Ranch, TX is heavily oriented toward detached single-family, which makes up 97% of units. Fair Oaks Ranch, TX is a strongly owner-occupied community, with 91% of households owning their home.

Households may have different structure type preferences depending on characteristics such as household size, income, employment, presence of children, age of individuals, and lifestyle choices. Understanding the housing stock in corresponding terms helps assess how well existing units align with existing households' ideals.

What does the housing stock look like?

The mix of housing types and ownership patterns shapes a community's character. This chart breaks down housing units by structure type and whether they're owner-occupied or rented.

How much new housing supply is needed?

To keep up with growth and fill current housing shortages, Fair Oaks Ranch, TX needs 905 new units over the next 5 years.

883
Units needed to keep up with expected growth
Projected total household growth from 2026 to 2031.
21.9%
Projected household growth rate
Expected increase in total households from 4,025 in 2026 to 4,908 in 2031.
22
Units to address shortages in existing housing stock
Production needs to address vacancy rates and other factors.
14
Replacement housing
Effective annual loss rate is 0.7 per 1,000 units.
8
Rental vacancy adjustment
Rental vacancy is 0.0%. This is below the minimum stable target of 7.4%.
905
Total 5-year housing production need (2026-2031)
181
Annual production pace
Average units needed per year to meet 5-year need
22.7%
Total housing unit growth
Percent increase in housing stock over 5 years
4.5%
Annual housing unit growth
Average percent increase in housing stock per year

How does this place compare to similar communities?