Housing market/Texas/ZIP 76302

ACS 2023 · FY2027 SAFMR

ZIP 76302 Wichita Falls, Texas

Wichita Falls, TX MSA · Texas. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
11,949
Households
5,047
Median HH income
$56,744
Renter share
39.8%
Median gross rent
$902
Vacancy
5.4%
Pop. change
-8.7%
2BR SAFMR
$1,140
SAFMR / rent
1.264×
2–49 unit stock
1,021
LIHTC proj / units
2 / 284
HUD assisted MF
4 / 361

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 76302 · TX — sent to you.

ZIP 76302 · TX

ACS median rent$902
2BR SAFMR$1,140
90% floor$1,026
110% ceiling$1,254

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 76302

  • 1-unit detached3,64468.3%
  • 1-unit attached1282.4%
  • 2–4 units4217.9%
  • 5–49 units60011.3%
  • 50+ units4859.1%
  • Mobile551.0%
TypeUnitsShare
1-unit detached3,64468.3%
1-unit attached1282.4%
2 units (duplex)1593.0%
3–4 units2624.9%
5–9 units2945.5%
10–19 units2394.5%
20–49 units671.3%
50+ units4859.1%
Mobile551.0%

2–4 unit share 7.9% · 5–49 unit share 11.3% · combined 2–49 19.1%.

Units by bedrooms

Studio
102
1BR
416
2BR
1,526
3BR
2,606
4BR
646
5+
37

Rent burden

Rent ≥30% of income38.6%
Rent ≥50% of income21.2%
  • ACS median gross rent $902 (all bedrooms, occupied rentals).
  • Median contract rent $765.
  • Renters paying ≥30% of income 38.6%; ≥50% 21.2%.
  • FY2027 2BR SAFMR $1,140 (1.264× ACS median gross rent).

Population

11,949 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -8.7%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 2 projects, 284 units.
  • HUD project-based assisted MF: 4 properties, 361 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 8 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 76302 39.8% of occupied households are renters; vacancy is 5.4%; ACS median gross rent is $902; population changed -8.7% between the 2018 and 2023 ACS vintages; the housing stock includes 421 units in 2–4-unit structures and 600 units in 5–49-unit structures; 2 LIHTC projects totaling 284 units; FY2027 2BR SAFMR is $1,140 versus ACS median gross rent of $902. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Texas research

ZIP 76302 is a Census / HUD profile for Wichita Falls, TX. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Texas research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 76302?

ZIP 76302 (Wichita Falls, TX MSA) has 11,949 residents, 5,047 households, a renter share of 39.8%, median household income of $56,744, and ACS 2023 median gross rent of $902. Vacancy is 5.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 76302?

ACS counts 159 units in 2-unit buildings, 262 in 3–4 unit buildings, 294 in 5–9, 239 in 10–19, and 67 in 20–49. Combined 2–49 unit stock is 1,021 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 76302?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,140. See the full schedule and 90–110% payment-standard band on the ZIP 76302 — Wichita Falls, TX HUD Section 8 Payment Standards / SAFMR.

Does this Texas ZIP profile include Georgia listings?

No. ZIP 76302 is Census / HUD research for Wichita Falls, TX MSA. Jeff Crowe CRE does not list Texas property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.