B-
7%
Income/capita NAT. AVG.
0%
Household income NAT. AVG.
77%
Unemployment NAT. AVG.
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IndexWallaceIndianaNational
Income per capita$27,816$26,117$29,829
Median household income$55,179$50,433$55,322
Median income owner occupied$56,071$62,593$70,586
Median income renter occupied$0$29,285$35,192
Median earnings male$38,750$36,194$36,919
Median earnings female$17,857$23,580$26,250
Unemployment rate1.1%4.4%4.7%
Poverty level2.0%15.0%15.1%
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Key findings

  • The income per capita in Wallace is 7% lower than the national average
  • The median household income in Wallace is equal to the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Wallace is 77% lower than the national average
  • The poverty level in Wallace is 87% lower than the national average

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      am i middle class

      $
      Input your household income
      $36,782 $55,179 $110,358
      City
      $33,618 $50,433 $100,866
      State
      $36,877 $55,322 $110,644
      Nation
      According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

      Wallace median earnings by income bracket

      Wallace employment by industry

      Labour TypeMaleFemale
      Construction industry0.0%0.0%
      Manufacturing sector32.4%32.4%
      Financial & insurance services0.0%0.0%
      Wholesale & retail services5.4%5.4%
      Public administration0.0%0.0%
      Transportation, warehousing & utilities16.2%16.2%
      Education, health & social services2.7%2.7%
      Other43.2%43.2%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Lake Holiday, IN1,376$81,25046.9%
      New Richmond, IN458$67,91722.8%
      New Market, IN639$58,0885.0%
      Russellville, IN329$56,2501.7%
      Wingate, IN315$56,2501.7%
      Wallace, IN101$55,1790.3%

      Cities with similar population

      City Population Household Income National Avg.
      Whale Pass, AK101$43,92920.6%
      Deer Park, AL101$0100.0%
      Maysville, CO101$0100.0%
      Hilltop, GA101$11,95378.4%
      Pleasant Plain, IA101$100,06980.9%
      Wallace, IN101$55,1790.3%
      Source: The Wallace, IN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).