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.
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%.
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%.
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%.