The story of this market
The typical home in ZIP 76354 sells for about $174,000, or $150 per square foot.
Prices are up +5.2% from a year ago, so sellers still have some momentum. Homes take about 64 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,150 a month.
ZIP 76354 — Burkburnett
The 76354 housing market remains stable with modest price appreciation and consistent demand. While inventory is limited, the area's affordability relative to larger Texas metros continues to attract family buyers and military personnel.
This ZIP is ideal for families and military-affiliated households seeking a quiet, suburban lifestyle with affordable housing options and a straightforward commute to Wichita Falls.
Median prices moved up 5.2% year over year.
Homes spend a median of 64 days on market with 2.3 months of supply — a fast-moving market.
50% of listings have cut prices · homes sell at 98% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 11.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 76354, Wichita County TX
Crime rates in the Burkburnett area are generally lower than the national average and compare favorably to the larger Wichita Falls metropolitan core.
The area is served by the Burkburnett Independent School District, which is generally regarded as a stable, community-focused district with average performance ratings.
The region is subject to standard North Texas climate risks, including severe thunderstorms, high winds, and occasional hail, with flood risk concentrated in specific low-lying areas.
Economic momentum is tied to the broader Wichita Falls industrial base and proximity to Sheppard Air Force Base, with steady residential demand in the Burkburnett corridor.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Residents primarily commute via US-287, providing a direct and relatively uncongested 15-20 minute drive into the Wichita Falls employment core.
The area features local parks such as Friendship Park and is within short driving distance of the Red River and various community sports facilities.
The rental market is characterized by steady demand from military personnel and local workers, with limited new multi-family supply keeping vacancy rates low.
The economy is anchored by Sheppard Air Force Base and the manufacturing and healthcare sectors in the greater Wichita Falls area.
Transportation is heavily reliant on private vehicles, with US-287 serving as the primary arterial highway connecting the area to the regional hub.
Development is primarily focused on infill residential projects and small-scale commercial expansion along the US-287 corridor.
The Wichita County Appraisal District manages annual property assessments, with a focus on market-value adjustments based on recent sales data.
Parcels are subject to standard county, city, and school district taxes, with no major MUDs or PIDs reported for the core residential areas.
Property insurance premiums are influenced by regional wind and hail risk, with most carriers requiring standard coverage for North Texas weather events.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A central community park offering playgrounds and picnic areas.
Serves as a hub for local events and senior activities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.