Wichita falls, TX β Cost of Living & Relocation Guide
Population: 102,664
π Some data sourced from nearby metro area
About Wichita falls, TX
Welcome to our comprehensive guide to Wichita falls, TX. With a population of 102,664, Wichita falls features a cost of living index of 62.5 (37.5% below the national average of 100). The local economy supports a median household income of $55,584 (26% below the national average), while the real estate market offers homes at a median price of $170,000.
Explore our detailed crime and safety data (46% above the national average), school ratings, tax information, and climate data below. Compare Wichita falls with Houston or other cities.
π Data last updated: February 2026 | Sources: U.S. Census Bureau ACS, FBI UCR, BLS
Wichita falls, TX Quick Facts & Key Statistics
π‘City Insights
Wichita falls scores 9/10 for affordability, 4/10 for safety, and 3/10 for family-friendliness β an good overall profile. Its strongest aspect is affordability, making it particularly suitable for budget-conscious buyers. However, family-friendliness is a weaker area that prospective residents should consider carefully.
Living in Wichita falls, TX
Wichita Falls is a vibrant city located in north-central Texas, known for its rich history and welcoming community. With a population of around 100,000 it serves as a cultural and economic hub for the region. The city is named after the nearby falls on the Wichita River, which once attracted settlers and visitors. Wichita Falls boasts a diverse range of attractions, including the beautiful Lucy Park, home to walking trails, picnic areas, and a serene pond. The city's downtown area features historic architecture, local shops, and a variety of dining options, reflecting its southwestern charm. Cultural venues such as the Wichita Falls Museum and Art Center offer insights into the area's heritage and artistic expression. The city's economy is supported by sectors like healthcare, education, and manufacturing, while the presence of Sheppard Air Force Base contributes to its stability. Wichita Falls also hosts annual events and festivals, fostering community spirit. With its blend of outdoor activities, cultural experiences, and family-friendly amenities, Wichita Falls is an appealing destination or hometown for many residents.
How Wichita falls Compares
Black line indicates US average
π΅ Affordability Calculator
Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $55,584.
Income Needed to Buy
Income Needed to Rent
Pros & Cons of Moving to Wichita falls, TX
Pros
- β’ Friendly community
- β’ Kids' activities available
- β’ Diverse dining options
- β’ Nearby outdoor activities
- β’ Less traffic congestion
- β’ Good schools in area
- β’ Affordable housing
- β’ Growing job market
- β’ Low cost of living
- β’ Local events and festivals
Cons
- β’ Less cultural diversity
- β’ Political divisiveness noticeable
- β’ Higher crime rates reported
- β’ Limited public transportation
- β’ School funding concerns
- β’ Few entertainment options
- β’ Economic challenges persist
- β’ Nightlife options limited
- β’ Perception of racism issues
- β’ Extreme weather conditions
Frequently Asked Questions
What is the cost of living in Wichita falls, TX? βΌ
The cost of living in Wichita falls, TX is 38% lower than the national average, with a cost of living index of 62 (where 100 represents the U.S. average). Housing typically accounts for the largest portion of living expenses. See full cost of living breakdown β
How much does it cost to buy or rent a home in Wichita falls, TX? βΌ
In Wichita falls, TX, The median home price is $170,000. requiring approximately $79,286 annual income to afford. Average rent is $1,396/month (requiring ~$55,824/year income). The local median household income is $55,584, making homeownership attainable for typical residents. Explore Wichita falls real estate data β
Is Wichita falls, TX a safe place to live? βΌ
Wichita falls, TX is average in terms of safety, with crime rates near the national average. The crime rate is 33.6 per 1,000 residents. Safety varies significantly by neighborhood. View detailed Wichita falls crime statistics β
What salary do you need to live comfortably in Wichita falls, TX? βΌ
To live comfortably in Wichita falls, TX and afford a median-priced home of $170,000, you would typically need a household income of $42,500 to $53,125 per year. The local median household income is $55,584. Renting requires approximately $55,824/year (at $1,396/month). See full affordability analysis β
What are the job opportunities like in Wichita falls, TX? βΌ
Wichita falls, TX has an unemployment rate of 4.9%, which is above the national average of 3.7%. The median household income is $55,584, suggesting moderate local economic conditions. View Wichita falls employment & demographics β
Is Wichita falls, TX growing? βΌ
Wichita falls, TX has a population of 102,664. As a mid-to-large city, population trends depend on local housing development, job growth, and quality of life factors. The affordable housing market and competitive job market shape migration patterns. See Wichita falls population demographics β
What are the best neighborhoods in Wichita falls, TX? βΌ
The best neighborhoods in Wichita falls, TX depend on your priorities. For families, look for areas near top-rated schools with lower crime rates. For affordability, neighborhoods throughout the city offer good value since the median home price of $170,000 is below the national average. Explore Wichita falls on our interactive map β
What is the commute like in Wichita falls, TX? βΌ
Commute times in Wichita falls, TX vary by neighborhood and workplace location. As a mid-size community, most residents rely on personal vehicles, though public transit options may be available. The affordable cost of living may allow for housing closer to employment centers. Explore commute times on our map β
How are the taxes in Wichita falls, TX? βΌ
Tax rates in Wichita falls, TX include state and local components. The cost of living index of 62 suggests a lower overall tax and expense burden cost environment compared to the national average. View detailed Wichita falls tax information β
How does Wichita falls, TX compare to Houston? βΌ
Wichita falls, TX offers a more affordable alternative to nearby communities. With a cost of living index of 62, median home prices of $170,000, and a crime rate of 33.6 per 1,000 residents, you can compare these metrics side-by-side. Compare Wichita falls vs Houston β
What is the weather like in Wichita falls, TX? βΌ
Weather in Wichita falls, TX varies by season. Climate data varies by season. View detailed Wichita falls climate & environment data β
Explore Wichita falls in Detail
π Last Updated: February 2026
Sources: U.S. Census Bureau (ACS), FBI Uniform Crime Reports, Bureau of Labor Statistics