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2024 Compare Cities Economy:
Wallace, ID vs Decorah, IA

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Highlights
- Household income in Decorah, is 20% more than it is in Wallace and is 24% below the National Average.
- Wallace unemployment rate is 7.4%.
- Decorah unemployment rate is 5.3%.

Economy
 Wallace, IDDecorah, IAUnited States
 Unemployment Rate7.4%5.3%6.0%
 Recent Job Growth-0.7%-1.6%1.6%
 Future Job Growth20.1%17.4%33.5%
 Sales Taxes6.0%7.0%6.2%
 Income Taxes6.9%7.4%4.6%
 Income per Cap.$27,081$28,684$37,638
 Household Income$46,250$55,480$69,021
 Family Median Income$75,476$76,518$85,028
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 Est. Households By Income
 Wallace, IDDecorah, IAUnited States
 Income Less Than 15K18.0%8.6%9.4%
 Income between 15K and 20K7.0%5.3%3.8%
 Income between 20K and 30K2.9%9.2%8.1%
 Income between 30K and 40K16.2%10.0%8.0%
 Income between 40K and 50K10.5%11.6%7.6%
 Income between 50K and 60K6.6%10.2%7.2%
 Income between 60K and 75K7.7%9.6%9.6%
 Income between 75K and 100K19.5%12.5%12.8%
 Income between 100K and 150K7.9%14.1%16.3%
 Income between 150K and 200K2.4%5.8%7.8%
 Income greater than 200K1.3%3.2%9.5%
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 Population By Occupation
 Wallace, IDDecorah, IAUnited States
 Management, business, finance15.9%16.7%16.4%
 Engineering, computers, science2.0%2.6%6.5%
 Community, social services3.4%2.0%1.8%
 Legal1.1%0.4%1.2%
 Education, library9.2%13.0%6.2%
 Arts, design, media, sports, entertainment0.7%2.6%2.0%
 Healthcare practitioners and technology3.6%2.8%6.2%
 Healthcare support1.8%3.2%3.3%
 Firefighters, law enforcement1.6%1.5%2.1%
 Food preparation, serving10.1%8.3%5.4%
 Building maintenance7.2%6.1%3.6%
 Personal care0.0%4.3%2.6%
 Sales, office, administrative support23.1%20.5%20.9%
 Farming, fishing, forestry0.4%0.3%0.6%
 Construction, extraction, maintenance/repair12.1%6.6%8.1%
 Production, transportation, material moving7.8%9.2%13.1%

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Reviews for Wallace    3 Reviews

Over 14 years ago

Great small town. Historic and beautiful and wedged between mountains and green trees. Great little commercial district that includes the famous Red Light Garage and  More

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Over 15 years ago

We have a an annual retreat in Wallace each year. Always a great time. Very unpretentious and extremely affordable. With out doubt the best snow we've experienced. The  More

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Over 18 years ago

Wallace was the stand-in for the mythical town of Dante's Peak in the Pierce Brosnan film of the same name, about a Pacific Northwest town obliterated by a volcanic  More

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Reviews for Decorah    3 Reviews

ridiculously expensive housing for such a small town. The wages in the town do not even remotely compensate for the high cost of housing. Average housing prices start  More

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Over 14 years ago

I have been a resident of Decorah, IA for 26 years. Decorah is located in the northeast corner of Iowa. When we entertain out of town guests they always comment how  More

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Over 14 years ago

This college has the most extensive music program of any liberal arts college around, has a strong connection to public radio, and Decorah is reputed to be a lovely  More

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ZIPS IN WALLACE, IDAHO
83873
ZIPS IN DECORAH, IOWA
52101

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