Wichita County · Texas · South · 103k residents
Wichita Falls, TX: economy, jobs & business costs
The site-selection read on Wichita Falls: labor costs, talent, corporate tax, energy, and business activity, with the Texas median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,042/wk. Texas's corporate income tax rate is 0%. Commercial electricity averages 8.6¢/kWh.
Compare Wichita Falls side by side
Avg. weekly wage
$1,042/wk
Corporate income tax
0%
Bachelor's degree or higher
25.4%
Commercial electricity
8.6¢/kWh
Economic momentum
How fast Wichita Falls's economy is moving, ranked against the US cities we track.
12/100
Cooling
Ranks Wichita Falls's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $156,800 |
| Price per sq. ft. | $170 |
| Property tax rate | 1.68% |
| 1-bedroom rent | $837/mo |
| 2-bedroom rent | $1,000/mo |
| State & local income tax | 0% |
| Sales tax | 8.2% |
| Corporate income tax | 0% |
| Avg. weekly wage | $1,042/wk |
| Bachelor's degree or higher | 25.4% |
| Commercial electricity | 8.6¢/kWh |
| Businesses per 1k residents | 25.1/1k |
| Wage: Software developer | $108,260 |
| Wage: Registered nurse | $83,280 |
| Wage: General manager | $76,320 |
| Wage: Customer service | $36,370 |
| Wage: Warehouse worker | $34,180 |
| Wage: Heavy truck driver | $50,600 |
| Wage: Electrician | $45,570 |
| Wage: Retail salesperson | $28,610 |
| Cost of living index | 80 |
| Groceries index | 96 |
| Utilities | $185/mo |
| Transit pass | $96/mo |
| Gas price | $2.90/gal |
| Healthcare index | 96 |
| Childcare (per child) | $1,000/mo |
| Median household income | $60,177 |
| Unemployment rate | 4% |
| Population | 103k |
| Crime index | 50/100 |
| School rating | 5.5/10 |
| Walkability | 38/100 |
| Disaster risk | 82/100 |
| Avg. commute | 27 min |
| Sunny days / year | 230 days |
| July high | 97°F |
| January low | 30°F |
| Annual snowfall | 3 in |
| Home price YoY | +0.2% |
| Home price MoM | +0.2% |
| Rent YoY | +3.7% |
| Rent MoM | -0.5% |
| Employment (jobs) YoY | -1.2% |
| Building permits YoY | -53.8% |
| Ocean coast | 383 mi |
| Big lake | 69 mi |
| Mountains | 261 mi |
| Major airport | 109 mi |
| Ski resort | 420 mi |
Popular comparisons
Nearby
- Gainesville, TX · 18k
- Weatherford, TX · 36k
- Denton, TX · 153k
- Saginaw, TX · 25k
- Corinth, TX · 23k
Similar size
- Conroe, TX · 102k
- Edinburg, TX · 105k
- New Braunfels, TX · 105k
- San Angelo, TX · 100k
- Atascocita, TX · 99k
Real listings in Wichita Falls
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Wichita Falls a good place to run a business?
- Texas's corporate income tax rate is 0%; average weekly wages in the surrounding labor market run $1,042/wk; commercial electricity averages 8.6¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Wichita Falls, TX?
- Wichita Falls indexes at 80 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,000/mo and a acs median home value of $156,800.
- How much does a house cost in Wichita Falls?
- The acs median home value in Wichita Falls is $156,800 (Census ACS estimate; individual listings vary).
- How much is rent in Wichita Falls?
- A two-bedroom in Wichita Falls rents for about $1,000/mo.