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Greater Wichita Facts-at-a-Glance

Wichita MSA Metro Quick Facts

 

Population

644,610

Civilian Labor Force

313,946

Unemployed

13,537

Unemployment Rate

4.3%
Manufacturing Employment (Percent of Total)52,400 (17.3%)
Average Annual Pay - All Sectors$44,614

 

Educational Attainment
Nearly 27.0% of Wichita metro area residents age 25 and over are high school graduates. About 7.5% hold associate degrees, 19.2% hold bachelor's degrees and 9.4% have advanced degrees. Another 26.0% have some college credit. Wichita public schools were among the first in the U.S. to incorporate workplace skill standards into curriculum development and graduation requirements. In April 2000, Wichita voters approved (by a 2-to-1 margin) a $284 million school bond issue to fund new school buildings, modernization and expansion of existing schools and enhanced student computer facilities. The funding also provided for installation of air conditioning in every school facility. In November 2008, voters approved a $370 million bond issue to add 275 new classrooms, 6 new schools, and 60 storm shelters. In addition, the money will pay for upgrades to technical education programs and renovations to athletic and fine arts facilities.

 Quick Facts

 

Median Age35.4
Kansas Corporate Income Tax -- Marginal Rate (TY 2011)7.00%
Typical Wichita Commercial Property Tax3.008%
Combined State & Local Sales Tax (Sedgwick County)7.15%
Kansas Manufacturing Worker's Comp Cost Index0.946
Economical and Reliable Utilities99.976%
EPA Air Quality Attainment AreaYES
Overall Cost of Living Index91.8
Existing (Previously Owned) Single-Family Home Median Sale Price$130,300
Newly-Built Single-Family Home Average Sale Price$231,316
Two-Bedroom Apartment Average Rent$700
Violent Crime Rate (Wichita MSA -- per 100,000 population)1,764
Property Crime Rate (Wichita MSA -- per 100,000 population)8,564
Average One-Way Commute Time19.6 minutes
Wichita Area Office Space

 

Vacancy Rate -- Overall20.1%
Vacancy Rate -- CBD21.5%
Vacancy Rate -- Overall Class A16.2%
Vacancy Rate -- Overall Class B21.9%
  
Asking Rent -- CBD Class A$17.21
Asking Rent -- CBD Class B$11.22
Asking Rent -- Suburban Class A$20.93
Asking Rent -- Suburban Class B$12.58
Wichita Area Industrial Space  

 

Vacancy Rate -- Overall8.3%
Asking Rent -- General Industrial$4.32
Asking Rent -- R&D / Flex$9.38
Commercial Construction Cost Index  
Wichita Commercial Construction Cost Index90.0