Income & Economy in Wichita Falls city, TX (76308)
Median Income
$70,789
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,003
Wealth inflow
Population
21,267
Unemployment
1.1%
2.6pp below US avg
IRS migration statistics show a net inflow of about 1,003 for ZIP 76308 (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 76308 (2020–Present)
Since 2020, population grew 6.7%, median income rose 5.1% (inflation-adjusted), home values increased 8.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $70,789 |
| Unemployment | 1.1% |
| Establishments | 870 |
| Employees | 13,489 |