ZIP Code 76301

In ZIP code 76301, which takes in Wichita Falls, homes carry a median value of $74,800, and the county-level property tax rate of 1.64% works out to roughly $1,227 a year on such a home. With median household income at $41,947 and per-capita income at $23,178, that levy amounts to about 2.9% of a household's annual earnings. Buyers here also pay a combined 8.25% sales tax on purchases. Low home values keep entry costs down, yet the tax rate still claims a meaningful share of local paychecks.