Wichita Falls Area of Economic Development

Wichita Falls Region for Business

Wichita Falls continues to attract major aerospace and aviation companies like Arconic, thanks to low business costs.

Wichita Falls is built on a solid foundation of manufacturing and continues to diversify, especially in the aerospace and aviation sector. Given the rural nature of this area, companies are guaranteed plenty of room to expand and develop their operations. Wichita Falls Business Park is a 525-acre development with cost competitive square footage designed to serve the needs of distributors, high-tech operations and manufacturers. With a thriving downtown area and a robust community of small businesses, Wichita Falls is one of the best places to live and work in North Texas.

Rankings

A local movie theatre in Wichita Falls, Texas lit up at night with people standing at the entrance

#2 Cities With the Lowest Cost of Living in America (Wichita Falls)

Niche 2022
Aerial view of major office buildings and parking lots in Wichita Falls, Texas.

#2 Best Places to Raise a Family in Wichita County (Wichita Falls)

Niche 2022
Aerial view of the Midwestern State University campus in Wichita Falls, Texas.

#14 Best Cities to Buy a House in America (Wichita Falls)

Niche 2022

Wichita Falls Economic Strengths

Learn more about the economic strengths and business advantages that this metro area offers.

A view of downtown Wichita Falls, Texas with local businesses surrounding a small park
A large brick sign reads "Midwestern State University."
Jets are stored in airplane hangar in Wichita Falls, Texas.
  • Business Climate
  • Talent
  • Infrastructure
Business Climate
A view of downtown Wichita Falls, Texas with local businesses surrounding a small park

A Growing Focus on Aerospace and Aviation

Wichita Falls has a strong history of manufacturing and continues to diversify within the aerospace sector.

Major business clusters in Wichita Falls include key supply chain companies for aerospace and aviation, business support services and manufacturing. Major employers include Arconic, Pratt & Whitney and Sealed Air.

Talent
A large brick sign reads "Midwestern State University."

A Strong Network of Skilled Workers

With graduates from local universities and surrounding rural areas fueling the talent pipeline in Wichita Falls, companies have access to top talent in North Texas.

Wichita Falls’ higher education assets include Midwestern State University and Vernon College. Midwestern State is Texas’ only public institution focused on the liberal arts, with about 6,000 enrolled students. Vernon College is a public community college serving 12 counties in North Texas that offers a variety of degrees and technical education programs.

Infrastructure
Jets are stored in airplane hangar in Wichita Falls, Texas.

Reliable Transportation Via Rail, Road, and Air

In the heart of North Texas, this rural region provides access to major roadways for residents and businesses alike.

The I-44 highway provides convenient, efficient transportation throughout the Lone Star State, while Wichita Falls Municipal Airport offers domestic air travel and connectivity to other major airport hubs. Major Class I rail carriers provide reliable transportation options by rail for logistics and distribution operations.

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