Income & Economy in Wallace, SC
Household income, poverty rates, employment, and economic data — 2023 ACS Data
Income Overview
Source: U.S. Census Bureau ACS (2023)Median Household Income
N/A
Per Capita Income
$23,506
-37% vs national
Poverty Rate
16.1%
+19% vs national
Gini Index
0.4508
0 = perfect equality
Unemployment
6.4%
+23% vs national
SNAP Recipients
3.3%
of households
How Wallace Compares
Source: Census ACS (2023)Where Do You Stack Up?
Enter your household income to see how you compare to other households in Wallace.
Income Distribution
Source: U.S. Census Bureau ACS (2023)Employment Snapshot
Source: U.S. Census Bureau ACS (2023)Unemployment Rate
6.4%
+5% vs SC avg
Labor Force
327
Employed
306
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+
5.1%
of adults 25+
High School Diploma+
62.8%
of adults 25+
Median Age
54.5
Work from Home
3.9%
of workers
The median household income in Wallace, SC is N/A. Per capita income is $23,506. The poverty rate of 16.1% is lower than the SC state average of 19.1%. The Gini index of income inequality is 0.4508, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 6.4%, compared to the state average of 6.1%. 5.1% of adults hold a bachelor's degree or higher.