Income & Economy in Wamac, IL

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

Income Overview

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

Median Household Income

$40,000

-45% vs national

Per Capita Income

$28,937

-22% vs national

Poverty Rate

29.4%

+116% vs national

Gini Index

0.5578

0 = perfect equality

Unemployment

12.3%

+136% vs national

SNAP Recipients

35.9%

of households

How Wamac Compares

Source: Census ACS (2023)

Wamac vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Wamac 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 Wamac. The median household income here is $40,000.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
23.1%
$25-50K
41.0%
$50-75K
19.8%
$75-100K
2.7%
$100-150K
10.2%
$150-200K
1.5%
$200K+
1.8%

Employment Snapshot

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

Unemployment Rate

12.3%

+119% vs IL avg

Labor Force

334

Employed

293

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+

1.4%

of adults 25+

High School Diploma+

37.1%

of adults 25+

Median Age

43.3

Work from Home

4.3%

of workers

The median household income in Wamac, IL is $40,000, which is 45.4% below the national average of $73,224. Per capita income is $28,937. The poverty rate of 29.4% is higher than the IL state average of 12.0%. The Gini index of income inequality is 0.5578, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 12.3%, compared to the state average of 5.6%. 1.4% of adults hold a bachelor's degree or higher.