Income & Economy in Wichita Falls city, TX (76306)
Median Income
$47,004
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+683
Wealth inflow
Population
14,487
Unemployment
5.4%
1.7pp above US avg
IRS migration statistics show a net inflow of about 683 for ZIP 76306 (Wichita Falls city, TX) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 76306 (2020–Present)
Since 2020, population declined 7.9%, median income fell 2.4% (inflation-adjusted), home values increased 12.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $47,004 |
| Unemployment | 5.4% |
| Establishments | 200 |
| Employees | 3,676 |