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Wichita County, TX

RANK #402 / 1001 NAT  ·  #19 / 72 TX  ·  POP 129,996

1YR FORECAST: -0.3%

5YR OUTLOOK: +30%

#29 Best Rental Yield #41 Most Affordable
Wichita County's housing market is projected to grow -0.3% over the next year, tracking near the national average.

[01] Why Wichita County?

Wichita County, Texas, is perhaps best known for Wichita Falls, its county seat, which features a man-made waterfall in Lucy Park, recreating the original natural falls destroyed by a flood in 1886. Located in extreme north-central Texas on the Oklahoma border, Wichita County sits about 144 miles northwest of Dallas and 141 miles southwest of Oklahoma City. The area offers rolling plains and shallow valleys, drained by the Red and Wichita rivers. Residents experience a generally friendly, laid-back community with a small-town feel, even in the larger city of Wichita Falls. Commutes are typically quick, with an average travel time of 15 minutes. Outdoor recreation is accessible, with parks like Lucy Park and Lake Wichita offering trails for walking, jogging, and biking, as well as opportunities for fishing and paddleboarding.

Life in Wichita County is often characterized by its affordability and family-oriented atmosphere. The community is home to families and young professionals, with a notable presence of military personnel and retirees due to Sheppard Air Force Base. Public schools in the county are generally well-regarded. The economy, historically rooted in agriculture and oil, has diversified to include sectors such as healthcare and manufacturing. Recent economic developments have seen investments in technology infrastructure, including data centers, and continued activity in the energy sector.

MARKET PROFILE

Affordable Slow Markets

Wichita County is one of 75 U.S. counties in this market profile — weaker than typical on the BoomTown Index. Within this cohort, its recent home-price change of -0.3% runs below the profile's typical +0.8%.

See all 75 Affordable Slow Markets counties →

[02] Market Snapshot

Housing Ratio
7.0x

Overvalued relative to economy

Home Prices
-0.3%

Prices declining

Climate & Terrain
0.8

Moderate climate & terrain

Price/Rent
10x

Strong rental yield

Housing looks overvalued at 7.0x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    United Regional Health Care System Healthcare
    1,000+
  2. 2
    Kell West Regional Hospital Healthcare
    500+
  3. 3
    Sheppard Air Force Base Military
  4. 4
    Wichita Falls ISD Education
  5. 5
    Walmart Retail
  6. 6
    Pratt & Whitney Manufacturing
  7. 7
    Arconic Manufacturing
  8. 8
    Sealed Air Manufacturing
  9. 9
    Midwestern State University Education
  10. 10
    Flowserve Manufacturing

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Wichita County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
129,996
+0.12% YoY
Median Household Income
$63,524
Median Home Value
$153,700
-0.35% 12mo
Median Rent
$1,006
Average Annual Pay
$54,168
+3.7% YoY
Employment
52,593
-1.2% YoY
Income-to-Home-Value
0.4133
More affordable than average
Migration Inflow
4.34%
of pop. from another state
Bachelor's Degree+
25.1%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$224,900
Days on Market
59
Moderate pace
Months of Supply
3.3
Balanced market
Sale-to-List Ratio
90.6%
Negotiation room for buyers
Listings w/ Price Drops
25.0%
Building Permits (2025)
131
Single-Family Permits
117

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

C
SAFETY
GRADE
Homicide Rate
6.6
per 100K · nat avg 6.3
Firearm Fatalities
13.4
per 100K · nat avg 14.8
Injury Deaths
85.6
per 100K · nat avg 76.3
vs National Average
Near national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Capital Investment

$2,688M
TOTAL
PROJECT AMOUNT STATUS
TotalEnergies Wichita Solar (805 MW) & Battery Storage (150 MW)
TotalEnergies
$955M Planned
Short Creek Solar (628 MW)
$628M Planned
Kings Branch Data Center
KBDWFLLC (Wade Chapel)
$500M Approved
Copperleaf Energy Storage (307 MW)
$307M Planned
Wichita County Mawson Storage (154 MW)
Mawson Infrastructure Group
$154M Planned
Rio Star Energy Storage (144 MW)
$144M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[07] Score Breakdown

Population Growth +0.1% 27 percentile
Income Growth +2.2% 35 percentile
Vacancy Rate 2.6% 2 percentile
Home Price Change -0.3% 23 percentile
Rent Growth +5.6% 82 percentile
Price/Rent 10x 97 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

Is Wichita County, TX a good place to move to?

With a Boom Town Index score of 60/100, Wichita County sits in the upper half of all 1001 ranked counties. and median household income stands at $63,524 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in TX.

Is Wichita County affordable?

By national standards, Wichita County is quite affordable. Homes here have a median value of $153,700, and the income-to-home-value ratio of 0.41 is well above the U.S. average — especially with median rent at just $1,006/month. Residents can generally buy a home without being cost-burdened.

Is Wichita County growing or shrinking?

Wichita County's job market is contracting (-1.2% YoY) while population is roughly stable (+0.1% change). Home values are -0.3% over the past 12 months. Hiring headwinds without an offsetting exodus — residents are staying, but local employers are shedding payroll.

Are people moving to Wichita County?

There's a moderate stream of newcomers. About 4.34% of residents moved from another state, which is above average and suggests Wichita County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Randall County, TX 64 Ellis County, TX 55 Rusk County, TX 66 Harrison County, TX 67 Parker County, TX 53 Coryell County, TX 68 Catawba County, NC 60 Porter County, IN 60