Wichita Falls, TX Real Estate
According to census data in the year 2000 there were 41,842 housing units in Wichita Falls.
This represents a 3.7% growth from 40,364 in 1990.
Of those housing units, 40,951 were located in either urbanized areas or urban clusters, and 891 were located in what is classified as a rural area.
Homeownership rate in Wichita Falls is about 57.7%.
Wichita Falls's vacancy rate, including seasonal lodging, is about 9.5%.
Average household size is 2.45 people.
The majority of houses, apartments or condos in Wichita Falls were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.10% |
| One Bedroom | 15.30% |
| Two Bedrooms | 30.30% |
| Three Bedrooms | 42.50% |
| Four Bedrooms | 9.20% |
| Five Bedrooms or more | 0.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $62,700 |
| Median Price asked for vacant units | $38,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $343 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.40% |
| Home Equity Loan | 3.30% |
| Simple Mortgage | 54.10% |
| Debt Free | 41.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17% |
