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2024 Compare Cities Economy:
Wallace, NC vs Wake Forest, NC

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Highlights
- Household income in Wake Forest, is 154% more than it is in Wallace and is 34% above the National Average.
- Wallace unemployment rate is 4.1%.
- Wake Forest unemployment rate is 3.6%.

Economy
 Wallace, NCWake Forest, NCUnited States
 Unemployment Rate4.1%3.6%6.0%
 Recent Job Growth-2.2%3.0%1.6%
 Future Job Growth13.9%51.6%33.5%
 Sales Taxes7.0%7.3%6.2%
 Income Taxes5.3%5.3%4.6%
 Income per Cap.$26,503$43,601$37,638
 Household Income$40,925$104,006$69,021
 Family Median Income$57,774$112,397$85,028
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 Est. Households By Income
 Wallace, NCWake Forest, NCUnited States
 Income Less Than 15K13.8%2.8%9.4%
 Income between 15K and 20K7.6%1.5%3.8%
 Income between 20K and 30K7.1%3.4%8.1%
 Income between 30K and 40K20.4%4.9%8.0%
 Income between 40K and 50K16.3%8.8%7.6%
 Income between 50K and 60K7.9%7.1%7.2%
 Income between 60K and 75K4.5%6.7%9.6%
 Income between 75K and 100K8.1%12.0%12.8%
 Income between 100K and 150K8.0%23.0%16.3%
 Income between 150K and 200K3.7%16.7%7.8%
 Income greater than 200K2.7%13.2%9.5%
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 Population By Occupation
 Wallace, NCWake Forest, NCUnited States
 Management, business, finance11.4%28.8%16.4%
 Engineering, computers, science3.0%11.1%6.5%
 Community, social services3.9%2.5%1.8%
 Legal0.0%1.3%1.2%
 Education, library10.5%7.5%6.2%
 Arts, design, media, sports, entertainment0.0%1.8%2.0%
 Healthcare practitioners and technology6.5%8.0%6.2%
 Healthcare support5.0%1.4%3.3%
 Firefighters, law enforcement3.2%1.7%2.1%
 Food preparation, serving2.0%3.0%5.4%
 Building maintenance2.7%1.5%3.6%
 Personal care1.5%2.4%2.6%
 Sales, office, administrative support11.5%18.6%20.9%
 Farming, fishing, forestry0.0%0.4%0.6%
 Construction, extraction, maintenance/repair4.5%3.7%8.1%
 Production, transportation, material moving34.4%6.4%13.1%

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Reviews for Wallace    3 Reviews

Over 15 years ago

wallace is a great place to live but wallace needs new leaders with newer ideas to make the town a better place to live and start a  More

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Over 16 years ago

Wallace, NC is the slowest, most under developed town I have ever been in. Do not move here, there is more to do in the privacy of your own home than getting out in the  More

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Over 18 years ago

It's already been in the 80-90's and it's only April. But if you are planning to move here, I hope you like  More

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Reviews for Wake Forest    5 Reviews

Im a 22 year old male from Denver Colorado.im looking to relocate and transfer for work . Colorado has high taxes and high cost of living and also to much snow during  More

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Relocating from New York City three years ago took some adjustment and once settled in Wake Forest I was able to breath a little bit easier. The pace is something you  More

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The Triangle is a great place to work and live, more reasonable than the North but more expensive than most places in the South. We live in a beautiful  More

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ZIPS IN WALLACE, NORTH CAROLINA
28466
ZIPS IN WAKE FOREST, NORTH CAROLINA
27587

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