Wichita County, TX Economy


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United States / Texas / / Wichita County / Cities / Zip Codes
With a population of nearly 800,000, Wichita County is a thriving mid-size city in Texas. The cost of living is very reasonable with average two bedroom rents costing just $940 compared to the US average of $1,430. Grocery costs are also lower than the national index at 90 versus 100. Major local employers include healthcare provider United Regional Health Care System and tech giant Lockheed Martin Aeronautics, while attractions include the world's only Boeing B-52 Stratofortress static display and Royal Theater. Other popular tourist destinations in Wichita County include the Wichita Falls Museum of Art and Lake Arrowhead State Park.

Wichita County has an unemployment rate of 6.7%. The US average is 6.0%.

Wichita County has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.

Tax Rates for Wichita County
- The Sales Tax Rate for Wichita County is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Wichita County is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Wichita County
- The average income of a Wichita County resident is $27,231 a year. The US average is $37,638 a year.
- The Median household income of a Wichita County resident is $53,272 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWichita, TexasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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