Here's what it costs to live in Wichita Falls, Texas, based on the latest US government data. Renters pay a median of $1,022 per month, while the typical home is valued around $156,800. Households earn a median of $60,177 per year, leaving rent at a manageable share of income for many residents. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
$60,177
Median Income / yr
Census ACS
$1,022
Median Rent / mo
Census ACS
$156,800
Median Home Value
Census ACS
N/A
Cost of Living Index
Studio FMR
$831
HUD · FY2024
1BR Fair Market Rent
$925
HUD · FY2024
2BR Fair Market Rent
$1,136
HUD · FY2024
3BR Fair Market Rent
$1,553
HUD · FY2024
Fair Market Rent is the 40th percentile of gross rents in the metro area · HUD FY2024
| Occupation | Median Annual Wage |
|---|---|
| Software Developer | N/A |
| Registered Nurse | N/A |
| Elementary Teacher | N/A |
| Electrician | N/A |
| Accountant | N/A |
| Plumber | N/A |
| Nurse Practitioner | N/A |
| Civil Engineer | N/A |
| Operations Manager | N/A |
| Market Research Analyst | N/A |
| Health Services Manager | N/A |
| Truck Driver | N/A |
| Physician Assistant | N/A |
| Surgeon | N/A |
| Data Scientist | N/A |
| Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
102,581
Latest estimate
Median Age
33.8 yrs
Census ACS
AQI data not available
Source: EPA AirNow
Total Neighborhoods
9
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$976
Per month
Avg Home Value
$133,488
Census ACS
| Neighborhood | Walk Score | Median Rent | Home Value |
|---|---|---|---|
| ZIP 76301 | — | $755 | $60,300 |
| ZIP 76302 | — | $940 | $130,100 |
| ZIP 76305 | — | $799 | $155,300 |
| ZIP 76306 | — | $902 | $102,200 |
| ZIP 76308 | — | $1,040 | $185,300 |
| ZIP 76309 | — | $940 | $127,300 |
| ZIP 76310 | — | $1,003 | $178,800 |
| ZIP 76311 | — | $1,440 | — |
| ZIP 76367 | — | $968 | $128,600 |
January Avg
43°F
July Avg
85°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Temperate · Source: NOAA/NCEI 30-year normals.
Healthcare Score
29.3
poor
Hospitals
4
Doctors per 1,000
1.00
Insurance Coverage
83.2%
The cost of living index for Wichita Falls is not yet available.
The median gross rent in Wichita Falls is $1,022 per month according to US Census ACS data.
The median household income in Wichita Falls is $60,177 per year.
The median home value in Wichita Falls is $156,800 based on the latest Census ACS survey.
Air quality data for Wichita Falls is not yet available.
Tax data for Texas is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology