How much is a home worth in ZIP code 76306?

The typical home in 76306 is worth $140,111, based on the Zillow Home Value Index.

Are home values rising in 76306?

Home values in 76306 are down 0.3% over the past year, and up 6.2% a year over five years.

What is the typical rent in 76306?

A typical home in 76306 rents for about $1,251 a month, a gross rental yield of 10.7%.

What is the property tax rate in 76306?

The effective property tax rate in 76306 is 1.3% — roughly $1,868 a year on a typical home.

ZIP code 76306 has a population of 13,963 and a median household income of $46,957.

HousingHandbookReference data

…

U.S. ZIP Code · TX76306

Wichita County · Wichita Falls, TX

Typical home value

$140,111^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.3%
5-year / yr: +6.2%
10-year / yr: +6.5%

Relative price

vs U.S.: -50.7%
vs metro: -27.1%
vs state: -46.5%

Price history

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

The typical home in 76306 is worth $140,111 — 27.1% below the Wichita Falls, TX median. Over the past year, values have fallen 0.3%. Homes here rent for a typical $1,251 a month — a 10.7% gross rental yield. The effective property tax rate is 1.3%.

#Rent & investment

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

Monthly rent: $1,251^[2]
Gross yield: 10.7%^[2]
Cap rate: 6.4%^[2]

#Property tax

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

Effective tax rate: 1.3%^[3]
Typical annual tax: $1,868^[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: 13,963^[3]
Median household income: $46,957^[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: 8
Elementary: 3
Middle: 1
High: 3

CITY VIEW JUNIOR/SENIOR HIGH
High · Grades 6–12 · CITY VIEW ISD
638 students
CITY VIEW EL
Elementary · Grades PK–5 · CITY VIEW ISD
531 students
SCOTLAND PARK EL
Elementary · Grades PK–5 · WICHITA FALLS ISD
519 students
KIRBY MIDDLE
Middle · Grades 6–8 · WICHITA FALLS ISD
446 students
JOHN G TOWER EL
Elementary · Grades PK–5 · BURKBURNETT ISD
437 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.

Home value$Monthly rent$

Gross yield10.7%

Net yield (after ~40% expenses)6.4%

Annual rent$15,008

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$708

Loan principal$112,089

Down payment$28,022

Total interest paid$142,963

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.78

Monthly cost to own$981

Monthly rent$1,251

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: 92nd percentile^[1]
Rental yield: 83rd percentile^[2]
Property tax: 53rd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 76306?: The typical home in 76306 is worth $140,111, based on the Zillow Home Value Index.
Are home values rising in 76306?: Home values in 76306 are down 0.3% over the past year, and up 6.2% a year over five years.
What is the typical rent in 76306?: A typical home in 76306 rents for about $1,251 a month, a gross rental yield of 10.7%.
What is the property tax rate in 76306?: The effective property tax rate in 76306 is 1.3% — roughly $1,868 a year on a typical home.
Who lives in 76306?: ZIP code 76306 has a population of 13,963 and a median household income of $46,957.

#Comparable ZIPs

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

76351 vs 76306 →
Archer City, TX
Typical home
$145,806
Gross yield
—
76309 vs 76306 →
Wichita Falls, TX
Typical home
$125,716
Gross yield
9.5%
76354
Burkburnett, TX
Typical home
$182,054
Gross yield
8.1%
76365
Henrietta, TX
Typical home
$182,097
Gross yield
—
76302
Wichita Falls, TX
Typical home
$187,581
Gross yield
9.9%
76366
Holliday, TX
Typical home
$196,867
Gross yield
—

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#Jump to section

U.S. ZIP Code · TX76306

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