What to know about ZIP 73506
ZIP code 73506 covers ZIP 73506 with a population of about 4,683.
At a glance, the area shows median age of 34.1 versus a U.S. median of about 38.9.
It sits in the WICHITA FALLS & LAWTON media market.
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
ZIP code 73506 covers ZIP 73506 with a population of about 4,683.
At a glance, the area shows median age of 34.1 versus a U.S. median of about 38.9.
It sits in the WICHITA FALLS & LAWTON media market.
Median household income in ZIP 73506 is about $44,892 — about 40% below the U.S. median ($75,149).
On socioeconomic markers, US5 shows a poverty rate of 20.2%; unemployment rate near 2.9%; 15.0% of adults with a bachelor’s degree or higher (about 18.7 points below the national share (33.7%)).
Labor and commute patterns include leading industry context around Healthcare, Manufacturing, and Retail trade; about 3.7% of workers reporting work-from-home (about 11.5 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).
Median home value is about $124,300 — about 64% below the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $775 (about 33% below the U.S. median rent ($1,163)), and owner-occupancy near 49.9% (about 15.5 points below the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 73506, a household would need roughly $34,000 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 $798. That sits below the local median household income ($44,892), 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.