NAICS 44-45

Retail Trade in Wichita Falls, TX

Metro Market Score 62.8 (Difficult), ranked #282 of 378 metros. 475 establishments, 7,149 jobs.

Metro Market Assessment

Metro Market Score 62.8
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Difficult

Lower is better. Relative to national retail trade average.

Wichita Falls's retail trade sector saw employment decline over the past year (growth trend: 19.8). That contraction, combined with a 62.8 market score, puts this metro in the lower half for market conditions. Understand why the local market is shrinking before committing.

Industry Concentration
75.7
LQ: 1.26
Rank #286 of 378 metros
Wage Competitiveness
28.3
$35,609 avg wage
Growth Trend
19.8
Employment growth index
Rank #304 of 378 metros
Wage Pressure
63.7
YoY wage change index

475 Retail Trade Firms in Wichita Falls

475
Establishments
-0.8% YoY
7,149
Total Employment
-2.1% YoY
$35,609
Average Annual Wage
+0.4% YoY
1.26
Location Quotient
Above national avg
Within Texas
#20 of 25
retail trade metros in state
Texas state rank
#17 of 51
for retail trade entry risk
vs State Median
+12.3
worse than median (50.5)

Wichita Falls vs Texas Statewide

How this metro's retail trade market compares to Texas overall. The state ranks #17/51 for entry risk.

Measure Wichita Falls TX Statewide
Overall Score 62.8 Difficult 41.6 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #282 of 378 metros #17 of 51 states

Metro and state scores use different methodologies (metro has 4 QCEW-based metrics; state adds BDS survival and momentum data). Direct score comparisons are approximate.

Other Industries in Wichita Falls

Retail Trade in Other Texas Metros

Retail Trade Metros With Similar Conditions

Metros within 5 points of Wichita Falls's 62.8 score. Useful when comparing markets with comparable entry profiles.

Retail Trade in States Bordering Texas

State-level entry risk for retail trade in adjacent states. Use this to weigh cross-border options.

Browse Retail Trade in Other States

State-level entry risk reports for retail trade across all 51 markets, sorted by rank.

About Metro Market Score: A weighted composite of industry concentration (25%), wage competitiveness (25%), wage pressure (20%), and employment growth trend (30%). Lower scores indicate more favorable conditions. For Wichita Falls's retail trade sector, the employment growth component (80.2) has the strongest pull on the composite. Metro scores use QCEW data only (no BDS survival data at metro level). Read full methodology →

Data Sources

Data period: 2024. Last updated: April 2026.