Living in Wichita Falls, Texas
Cost of living, income, home prices, rent and demographics of Wichita Falls · Census data 2020–2024
Wichita Falls has 102,581 residents with a median age of 33.8. The median household income is $60,177 (23% lower than the Texas median), the median home value is $156,800, the median rent is $1,022/month.
Wichita Falls at a glance
- Population
- 102,581
- Median age
- 33.8State: 35.6
- Median household income
- $60,177State: $78,476
- Median home value
- $156,800State: $283,800
- Median rent
- $1,022/moState: $1,403
- Homeowners
- 56.4%
- Bachelor's degree or higher
- 25.4%
- Average commute
- 14 min
Is Wichita Falls a good place to live?
Pros: Home values 45% lower than the state median; an average commute of 14 minutes; unemployment of 3.8%.
Cons: Median household income 23% lower than the Texas median; a poverty rate of 17.7%.
The weather is best in March to May and October.
Cost of living in Wichita Falls
Housing is the biggest part of the cost of living. In Wichita Falls the median home value is $156,800, 53% lower than the U.S. median. Renters pay a median of $1,022 per month, which is 27.9% of household income. Homeowners with a mortgage pay $1,530 a month in housing costs.
Wichita Falls median household income
The median household income in Wichita Falls is $60,177 and the income per person is $33,078. 17.7% of residents live below the poverty line (Texas: 13.8%).
Housing in Wichita Falls: homes for sale and rent
- Housing units
- 43,371
- Owner-occupied
- 56.4%
- Renter-occupied
- 43.6%
- Vacant
- 12%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 2.38
Wichita Falls demographics
- Population
- 102,581
- Median age
- 33.8
- Under 18
- 22.3%
- 65 and older
- 14.5%
- Households
- 38,169
- Foreign-born
- 7.7%
- Veterans
- 10.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Wichita Falls ›
Education in Wichita Falls
25.4% of adults 25 and older in Wichita Falls have a bachelor's degree or higher (Texas: 33.8%), and 8.4% have a graduate or professional degree.
Jobs and commute in Wichita Falls
- Unemployment rate
- 3.8%State: 5.3%
- Average commute
- 14 minState: 27 min
- Work from home
- 7.1%
- Drive alone
- 70.3%
- Public transit
- 0.2%
- Walk to work
- 8%
- Homes with broadband
- 88.2%
Wichita Falls vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Wichita Falls | 102,581 | $60,177 | $156,800 | $1,022 |
| Pleasant Valley | 357 | $81,250 | $138,200 | $1,125 |
| Lakeside City | 1,234 | $113,636 | $268,300 | $2,144 |
| Dean | 536 | $70,208 | $200,900 | — |
| Cashion Community | 309 | $80,000 | $245,800 | $1,021 |
| Iowa Park | 6,578 | $66,622 | $132,800 | $938 |
| Jolly | 185 | $102,000 | $211,700 | — |
| Holliday | 1,661 | $62,981 | $181,300 | $779 |
| Burkburnett | 11,059 | $66,308 | $151,900 | $964 |
More for people moving to Wichita Falls
Wichita Falls ZIP code ›Weather and climate ›Living in Wichita Falls: FAQ
What is the median household income in Wichita Falls, TX?
The median household income in Wichita Falls is $60,177, 23% lower 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 Wichita Falls?
The median home value in Wichita Falls is $156,800, compared with $283,800 in Texas.
How much is rent in Wichita Falls?
The median gross rent in Wichita Falls is $1,022 per month, about 27.9% of household income.
Is Wichita Falls, TX a good place to live?
Pluses: home values 45% lower than the state median; an average commute of 14 minutes; unemployment of 3.8%. Minuses: median household income 23% lower than the Texas median; a poverty rate of 17.7%.
What is the median age in Wichita Falls?
The median age in Wichita Falls is 33.8 years (Texas: 35.6).
How long is the commute in Wichita Falls?
The average commute to work in Wichita Falls is 14 minutes; 7.1% of workers work from home.
What is the unemployment rate in Wichita Falls?
The unemployment rate in Wichita Falls is 3.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Wichita Falls?
25.4% of adults in Wichita Falls 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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