Thinking about moving to Wichita?
You’ll be in good company. Between 2010 and 2016, more than 7,534 people have moved to Wichita, an increase of 2.0%. New residents are attracted to Wichita’s strong economic growth, affordable living, and family friendliness.
Where Are All the New Residents of Wichita Moving From?
Wichita might not be the first place you associate with flight, but maybe it should be. Did you know, for example, that more than a third of general aviation aircraft produced in the world is manufactured in Wichita? It’s true. Wichita should probably also be on your list if you’re looking for a bit of […]
Wichita Population
Wichita is home to 389,902 Wichitans. With an area of 159.3 square miles, Wichita has a population density of 2,448 persons per square mile, which makes it less dense than many other cities of comparable size.
The Wichita, KS Metropolitan Statistical Area boasts a population of 644,672 people, of which Wichita proper’s population makes up 60%.
Housing Market in Wichita
Affordable housing is one of best things Wichita has going for it. The median home value in Wichita is $122,000, -39% below the US median value, according to Zillow. The median price per square foot in Wichita is $91. Over the past 5 years, home values in Wichita have increased by 4%.
Renters in Wichita will also have an easy time finding affordable housing. The median rent in Wichita is $908 per month, which is 37% lower than the US median. Over the past year, rental rates in Wichita have decreased by 1.0%.
Economy in Wichita
Wichita’s economy is growing strong. The Wichita metro area’s GDP grew by 12% between 2010 and 2015, from $28 billion in 2010 to $31 billion in 2015, a total increase of $3 billion. The metro area has a per capita GDP of $48,820. According to the US Census Bureau, the median household income in Wichita, KS is $51,424, 9% lower than the national median. Wichita’s unemployment rate is 4.6%.
