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Wichita Falls city, TX

ZIP 76308 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 76308

Median Home Value
$198,800
Median Rent
$864
Affordability Snapshot
$55,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,277/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

19.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 76308 in Wichita Falls city, TX, a household would need roughly $55,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,277. That sits below the local median household income ($70,789), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 11% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
53.8%-18% vs US avg
x
Vacancy Rate
10.5%+2% vs US avg
x
Broadband Access
92.8%+7% vs US avg
x
4+ Bedrooms
2.1%-86% vs US avg
x
Built Pre-1939
3.8%-70% vs US avg
x
Built Post-2014
0.1%-98% vs US avg
x
Rent Burden >30%
16.5%-67% vs US avg
x
Mortgage-Free
45.5%+19% vs US avg
x
$198,800
Home Value
$864
Rent
1976
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached62.9%
  • 1-unit attached2.0%
  • 2-9 units19.8%
  • 10+ units14.0%
  • Mobile home & other1.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$198,800
Median rent$864
Owner-occupied53.8%
Vacant10.5%
Price-to-income2.8x
Est. income to buy$55,000