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.
Median Household Income
$60,177
Annual · Census ACS
Median Gross Rent
$1,022
Per month · Census ACS
Median Home Value
$156,800
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
Studio FMR
$831
HUD Fair Market Rent
1BR Fair Market Rent
$925
HUD FMR
2BR Fair Market Rent
$1,136
HUD FMR
3BR Fair Market Rent
$1,553
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · 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
5
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$903
Per month
Avg Home Value
$120,300
Census ACS
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%
What is the cost of living index for Wichita Falls?
The cost of living index for Wichita Falls is not yet available in our database.
What is the median rent in Wichita Falls?
The median gross rent in Wichita Falls is $1,022 per month according to US Census ACS data.
What is the median household income in Wichita Falls?
The median household income in Wichita Falls is $60,177 per year.
What is the median home value in Wichita Falls?
The median home value in Wichita Falls is $156,800 based on the latest Census ACS survey.
How is the air quality in Wichita Falls?
Air quality data for Wichita Falls is not yet available.
What are the taxes like in Wichita Falls?
Tax data for Texas is not yet available.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
