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Wichita Falls has a population of approximately 102,563 and experiences a population change rate of -1.57%. The population density is 1,425.1 / sq mi .
The median household income for Wichita Falls is $50,856, with 37,222 households and an average household size of 2.41.
The median value of a home in Wichita Falls is $144,000 with an appreciation rate of 16.60%. 49.15% of housing in the state is owned while 37.27% is rented.
The cost of living in Wichita Falls is 78.1 %.
The unemployment rate in Wichita Falls is 3.70%, and recent job growth is at 1.47%. Future job growth is projected at 33.61%.
The sales tax rate in Wichita Falls is 8.25%, while the income tax rate is 0.00% .
School expenditures in Wichita Falls are $11,738, and the school ratio is 13.1:1.
The average high temperature in July is 96.6 degrees, with an average low temperature in January of 29.2 degrees. The average rainfall is approximately 30.5 inches per year, with 2.2 inches of snow per year.
