National attention focused on the small oil town, which used the money for paving and curb and gutter work. In July 1960, the federal government approved an application by Wink for more than a million dollars in urban renewal funds to upgrade and rehabilitate 221 acres (89 ha) within the city limits of Wink. By 1968, the number of businesses varied between 55 and 20. During the early 1960s, the population rose to over 1,800, but dipped to under 1,200. In 1958, the railroad from Wink Junction to Wink was abandoned. The number of businesses varied in the decade from 25 to 50. Wink entered the 1950s with a stable community, including a population just over 1,500. In December 1947, Winkler County State Bank opened in Wink. Throughout the 1940s, the population continued to decline from 1,945 to 1,521, and the number of businesses decreased from 130 to 40. Five hospitals and 15 doctors served injured oilfield workers, expectant mothers, and epidemic victims. By 1933, the town was legally incorporated. In the 1930s, the boom declined the population hovered under 4,000, and the number of businesses fluctuated between 50 and 180. In 1929, the Texas-New Mexico Railroad built its tracks from Wink Junction to Wink, connecting the town to Monahans and New Mexico.

In December 1928, the first municipal building, a jail, was constructed. On October 16, 1928, District Judge Charles Klapproth declared the incorporation election void, and the city government was reorganized. Even the city government, which was organized on June 4, 1928, came under the control of a well-organized underworld. The boom brought lawlessness to Wink, including bootlegging, prostitution, and gambling. The actual population could have been around 10,000 to 25,000 people. A Sunday school was started by November 1927, and the population of the town was reported at 3,500. In that year, the first public school was organized, and a temporary building was constructed. The citizens shortened the name to Wink and received a post office in 1927. When a post office was requested, postal authorities notified the applicant that a post office bearing that name already was in operation. Wink was originally named Winkler, Texas, for the county. Newcomers set up tents and built makeshift houses.

The oil boom brought new people to Wink, causing a shortage of housing. By mid-1927, the Wink Townsite Company was selling lots in Horse Wells pasture of the T. Wink began in 1926, when oil was discovered in Hendrick oilfield in Winkler County.

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