HousingHandbookReference data

U.S. ZIP Code · TX76302

Wichita County · Wichita Falls, TX

Typical home value

$187,581[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.3%
5-year / yr
+6.0%
10-year / yr
+6.6%

Relative price

vs U.S.
-34.0%
vs metro
-2.4%
vs state
-28.3%
ZIP 76302 location in TX
Location of ZIP 76302 in TX

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 76302 is worth $187,581 — 2.4% below the Wichita Falls, TX median. Over the past year, values have risen 1.3%. Homes here rent for a typical $1,550 a month — a 9.9% gross rental yield. The effective property tax rate is 1.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,550[2]
Gross yield
9.9%[2]
Cap rate
5.9%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.7%[3]
Typical annual tax
$3,240[3]

#Climate risk

FEMA National Risk Index ratings for Wichita County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Relatively Moderate
Drought
Relatively High
Heat wave
Relatively Moderate
Hurricane
Very Low
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
Relatively Moderate

#Who lives here

Population
11,932[3]
Median household income
$59,590[3]

#Migration

Household moves in and out of Wichita County over a year, from IRS tax-return data.

Net migration
-297[5]
Moved in
3,514
Moved out
3,811

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
4
Elementary
2
Middle
0
High
1
  • SOUTHERN HILLS EL

    Elementary · Grades PK–5 · WICHITA FALLS ISD

    552 students

  • FAIN EL

    Elementary · Grades PK–5 · WICHITA FALLS ISD

    475 students

  • BROOK VILLAGE EARLY CHILDHOOD

    Prekindergarten · Grades PK · WICHITA FALLS ISD

    218 students

  • CAREER EDUCATION CENTER

    High · Grades 9–12 · WICHITA FALLS ISD

    0 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield9.9%
Net yield (after ~40% expenses)5.9%
Annual rent$18,600

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$949
Loan principal$150,065
Down payment$37,516
Total interest paid$191,400

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio0.89
Monthly cost to own$1,375
Monthly rent$1,550

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
85th percentile[1]
Rental yield
67th percentile[2]
Property tax
93rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 76302?
The typical home in 76302 is worth $187,581, based on the Zillow Home Value Index.
Are home values rising in 76302?
Home values in 76302 are up 1.3% over the past year, and up 6.0% a year over five years.
What is the typical rent in 76302?
A typical home in 76302 rents for about $1,550 a month, a gross rental yield of 9.9%.
What is the property tax rate in 76302?
The effective property tax rate in 76302 is 1.7% — roughly $3,240 a year on a typical home.
Who lives in 76302?
ZIP code 76302 has a population of 11,932 and a median household income of $59,590.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Henrietta, TX

    Typical home
    $182,097
    Gross yield
  • Burkburnett, TX

    Typical home
    $182,054
    Gross yield
    8.1%
  • Holliday, TX

    Typical home
    $196,867
    Gross yield
  • Iowa Park, TX

    Typical home
    $198,435
    Gross yield
  • Scotland, TX

    Typical home
    $207,507
    Gross yield
  • Wichita Falls, TX

    Typical home
    $221,624
    Gross yield
    7.2%

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