2025 Compare Cities Economy:
Carrboro, NC vs Wallace, NC

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Highlights
- Household income in Wallace, is 47% less than it is in Carrboro and is 69% below the National Average.
- Carrboro unemployment rate is 3.2%.
- Wallace unemployment rate is 4.1%.
 Carrboro, NCWallace, NCUnited States
 Unemployment Rate  Unlock4.1%6.0%
 Recent Job Growth  Unlock-2.2%1.6%
 Future Job Growth39.5%  Unlock33.5%
 Sales Taxes7.5%  Unlock6.2%
 Income Taxes  Unlock5.3%4.6%
 Income per Cap.$43,407  Unlock$37,638
 Household Income  Unlock$40,925$69,021
 Family Median Income$102,654  Unlock$85,028
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 Est. Households By Income
 Carrboro, NCWallace, NCUnited States
 Income Less Than 15K  Unlock13.8%9.4%
 Income between 15K and 20K4.0%  Unlock3.8%
 Income between 20K and 30K  Unlock7.1%8.1%
 Income between 30K and 40K8.5%  Unlock8.0%
 Income between 40K and 50K  Unlock16.3%7.6%
 Income between 50K and 60K7.6%  Unlock7.2%
 Income between 60K and 75K  Unlock4.5%9.6%
 Income between 75K and 100K17.5%  Unlock12.8%
 Income between 100K and 150K  Unlock8.0%16.3%
 Income between 150K and 200K7.5%  Unlock7.8%
 Income greater than 200K  Unlock2.7%9.5%
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 Population By Occupation
 Carrboro, NCWallace, NCUnited States
 Management, business, finance13.0%  Unlock16.4%
 Engineering, computers, science  Unlock3.0%6.5%
 Community, social services3.5%  Unlock1.8%
 Legal  Unlock0.0%1.2%
 Education, library21.0%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.0%2.0%
 Healthcare practitioners and technology7.9%  Unlock6.2%
 Healthcare support  Unlock5.0%3.3%
 Firefighters, law enforcement0.1%  Unlock2.1%
 Food preparation, serving  Unlock2.0%5.4%
 Building maintenance0.2%  Unlock3.6%
 Personal care  Unlock1.5%2.6%
 Sales, office, administrative support14.6%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair4.6%  Unlock8.1%
 Production, transportation, material moving  Unlock34.4%13.1%
Reviews for Carrboro    4 Reviews

Over 13 years ago

Carrboro is basically a bedroom community, where people who work at or study at UNC over in Chapel Hill lay down for the night. All day they work at UNC only to pay the  More

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Carrboro has a strong civic life with a lot of local participation and visionary politics towards making a more sustainable and just community. The center of town has  More

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Over 15 years ago

climate is good, 4 seasons, winter is short with just a little  More

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Reviews for Wallace    3 Reviews

Over 16 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 17 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 19 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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