2026 Compare Cities Economy:
Lutz, FL vs Wallace, NC

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Highlights
- Household income in Wallace, is 58% less than it is in Lutz and is 69% below the National Average.
- Lutz unemployment rate is 4.6%.
- Wallace unemployment rate is 4.1%.
 Lutz, FLWallace, NCUnited States
 Unemployment Rate  Unlock4.1%6.0%
 Recent Job Growth  Unlock-2.2%1.6%
 Future Job Growth42.6%  Unlock33.5%
 Sales Taxes8.5%  Unlock6.2%
 Income Taxes  Unlock5.3%4.6%
 Income per Cap.$49,571  Unlock$37,638
 Household Income  Unlock$40,925$69,021
 Family Median Income$122,199  Unlock$85,028
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 Est. Households By Income
 Lutz, FLWallace, NCUnited States
 Income Less Than 15K  Unlock13.8%9.4%
 Income between 15K and 20K1.3%  Unlock3.8%
 Income between 20K and 30K  Unlock7.1%8.1%
 Income between 30K and 40K7.1%  Unlock8.0%
 Income between 40K and 50K  Unlock16.3%7.6%
 Income between 50K and 60K7.4%  Unlock7.2%
 Income between 60K and 75K  Unlock4.5%9.6%
 Income between 75K and 100K9.7%  Unlock12.8%
 Income between 100K and 150K  Unlock8.0%16.3%
 Income between 150K and 200K11.8%  Unlock7.8%
 Income greater than 200K  Unlock2.7%9.5%
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 Population By Occupation
 Lutz, FLWallace, NCUnited States
 Management, business, finance22.1%  Unlock16.4%
 Engineering, computers, science  Unlock3.0%6.5%
 Community, social services2.3%  Unlock1.8%
 Legal  Unlock0.0%1.2%
 Education, library5.8%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.0%2.0%
 Healthcare practitioners and technology8.0%  Unlock6.2%
 Healthcare support  Unlock5.0%3.3%
 Firefighters, law enforcement4.1%  Unlock2.1%
 Food preparation, serving  Unlock2.0%5.4%
 Building maintenance2.5%  Unlock3.6%
 Personal care  Unlock1.5%2.6%
 Sales, office, administrative support20.3%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair5.2%  Unlock8.1%
 Production, transportation, material moving  Unlock34.4%13.1%
Reviews for Lutz    7 Reviews

Over 7 years ago

Lived here for 2 years - the growth is amazing. Schools are good as long as you are an involved parent (I would say this about almost any school district); have had  More

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Over 10 years ago

The teachers have no concern about the students. If you send an e-mail requesting tutoring, there is no response and the student gets no assistance. The  More

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Over 17 years ago

There are so very many foreclosures in Lutz it is awful. In the gated communities, there is at least a foreclosure every other street. If you check the web site for  More

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Reviews for Wallace    3 Reviews

Over 17 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 18 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 20 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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