Income & Economy in Wallace, WV
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
$33,970
-9% vs national
Poverty Rate
21.1%
+55% vs national
Gini Index
0.5317
0 = perfect equality
Unemployment
0.0%
-100% vs national
SNAP Recipients
39.3%
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
0.0%
-100% vs WV avg
Labor Force
79
Employed
79
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+
4.4%
of adults 25+
High School Diploma+
55.4%
of adults 25+
Median Age
60.6
Work from Home
0.0%
of workers
The median household income in Wallace, WV is N/A. Per capita income is $33,970. The poverty rate of 21.1% is higher than the WV state average of 19.5%. The Gini index of income inequality is 0.5317, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 0.0%, compared to the state average of 7.3%. 4.4% of adults hold a bachelor's degree or higher.