Wichita Falls, TX 76301 is a great place to call home. With a 2 bedroom rental rate of $830, it is significantly cheaper that the US average of $1430. This makes it a great choice for those on a budget. The grocery cost index in Wichita Falls is 87 versus 100 in the US, which makes it even more economical.
For local employers, some of the leading companies include Kellan Group, Sheppard Air Force Base, Fidelity Investments, United Grocery Store Financial Services and Walmart. With such affordable rent and cost of living expenses, Wichita Falls offers great potential for businesses and individuals alike.
Wichita Falls (zip 76301) has an unemployment rate of 6.9%. The US average is 6.0%.
Wichita Falls (zip 76301) 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 30.4%, which is lower than the US average of 33.5%.
Tax Rates for Wichita Falls (zip 76301)
- The Sales Tax Rate for Wichita Falls (zip 76301) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Wichita Falls (zip 76301) 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 Falls (zip 76301)
- The average income of a Wichita Falls (zip 76301) resident is $17,894 a year. The US average is $37,638 a year.
- The Median household income of a Wichita Falls (zip 76301) resident is $30,914 a year. The US average is $69,021 a year.