Income & Economy in Wales, AK

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$38,125

-48% vs national

Per Capita Income

$13,448

-64% vs national

Poverty Rate

28.0%

+106% vs national

Gini Index

0.4129

0 = perfect equality

Unemployment

14.6%

+180% vs national

SNAP Recipients

27.9%

of households

How Wales Compares

Source: Census ACS (2023)

Wales vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Wales is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Wales. The median household income here is $38,125.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
34.2%
$25-50K
25.3%
$50-75K
21.5%
$75-100K
7.6%
$100-150K
7.6%
$150-200K
3.8%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

14.6%

+20% vs AK avg

Labor Force

125

Employed

88

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

0.0%

of adults 25+

High School Diploma+

29.7%

of adults 25+

Median Age

20.7

Work from Home

7.7%

of workers

The median household income in Wales, AK is $38,125, which is 47.9% below the national average of $73,224. Per capita income is $13,448. The poverty rate of 28.0% is higher than the AK state average of 17.6%. The Gini index of income inequality is 0.4129, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 14.6%, compared to the state average of 12.1%. 0.0% of adults hold a bachelor's degree or higher.