Seasonally Adjusted Unemployment Rate for Wichita Falls,TX MSA
Wichita Falls, TX MSA
The seasonally adjusted unemployment rate for the Wichita Falls, TX MSA was 3.5% as of January 2018. The regional unemployment rate was lower than the national rate of 4.1%. One year earlier, in January 2017, the unemployment rate in the Wichita Falls, TX MSA was 4.5%.
Cost of Living
- Wichita Falls, TX 84.5% 84.5%
- Texas 93.9% 93.9%
- United States 100% 100%
The Cost of Living Index estimates the relative price levels for consumer good and services. When applied to wages and salaries, the result is a measure of relative purchasing power. The cost of living is 15.5% lower in Wichita Falls, TX MSA than the U.S. Average.
Wichita Falls is conveniently located in North-Central Texas with approximate coordinates of 33.8969 latitude N and 98.5150° longitude W. Located less than two hours from both Dallas/Fort Worth and Oklahoma City, the central location of Wichita Falls offers scores of routes and effortless road travel in and out of the city.
Easily accessible freeways and highways include I-44, U.S. Highways 82, 281, 277, 287 and Texas State Route 79. These highways make for a straightforward commute to other cities in Texas, or out of state to places like Arkansas, Oklahoma and Louisiana. Wichita Falls’ larger neighbors include Burkburnett, Archer City and Iowa Park, with the MSA consisting of Wichita, Clay and Archer counties.