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Economy in Wichita Falls, Texas

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyWichita Falls, TXUnited States
Unemployment Rate7.40%9.10%
Recent Job Growth-1.63%-0.12%
Future Job Growth29.34%31.25%
Sales Taxes8.25%6.80%
Income Taxes0.00%6.25%
Income per Cap.$21,068$27,067
Household Income$41,216$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K15.09%12.10%
Income between 15K and 25K12.66%10.18%
Income between 25K and 35K14.74%10.56%
Income between 35K and 50K18.52%14.98%
Income between 50K and 75K19.48%19.53%
Income between 75K and 100K9.25%12.52%
Income between 100K and 150K6.51%12.14%
Income between 150K and 250K1.71%3.91%
Income between 250K and 500K1.63%3.34%
Income greater than 500K0.40%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations11.54%13.81%
Professional and Related Occupations20.86%22.68%
Service19.77%14.51%
Sales and Office23.39%25.22%
Farming, Fishing, and Forestry0.06%0.68%
Construction, Extraction, and Maintenance8.23%9.37%
Production, Transportation, and Material Moving16.46%15.86%
Median Household Income

The unemployment rate in Wichita Falls, TX, is 7.40%, with job growth of -1.63%. Future job growth over the next ten years is predicted to be 29.34%.

Wichita Falls, TX Taxes

Wichita Falls, TX,sales tax rate is 8.25%. Income tax is 0.00%.

Wichita Falls, TX Income and Salaries

The income per capita is $21,068, which includes all adults and children. The median household income is $41,216.


Wichita Falls Economy SperlingViews

Economy: Wichita Falls has a good economy, short commmuting time, sunny days, and little violent... (read more)Jobs: I have lived in Wichita Falls for over a decade. The main problems with the economy her is jobs. About the only new opportunities are service jobs, especially... (read more)much better: I visited Wichita Falls in the summer of 2006 and fell in love with the place and the people that I met there. I came back to Michigan and immediately put my house up... (read more)Have an opinion about Wichita Falls? Leave a commentTo See All SperlingViews for Wichita Falls Click Here