2025 Compare Cities Economy:
Wallace, ID vs Colorado Springs, CO

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Highlights
- Household income in Colorado Springs, is 56% more than it is in Wallace and is 4% above the National Average.
- Wallace unemployment rate is 7.4%.
- Colorado Springs unemployment rate is 6.8%.
 Wallace, IDColorado Springs, COUnited States
 Unemployment Rate  Unlock6.8%6.0%
 Recent Job Growth  Unlock4.1%1.6%
 Future Job Growth20.1%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock4.6%4.6%
 Income per Cap.$27,081  Unlock$37,638
 Household Income  Unlock$71,957$69,021
 Family Median Income$75,476  Unlock$85,028
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 Est. Households By Income
 Wallace, IDColorado Springs, COUnited States
 Income Less Than 15K  Unlock7.9%9.4%
 Income between 15K and 20K7.0%  Unlock3.8%
 Income between 20K and 30K  Unlock6.9%8.1%
 Income between 30K and 40K16.2%  Unlock8.0%
 Income between 40K and 50K  Unlock8.0%7.6%
 Income between 50K and 60K6.6%  Unlock7.2%
 Income between 60K and 75K  Unlock10.3%9.6%
 Income between 75K and 100K19.5%  Unlock12.8%
 Income between 100K and 150K  Unlock17.3%16.3%
 Income between 150K and 200K2.4%  Unlock7.8%
 Income greater than 200K  Unlock7.9%9.5%
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 Population By Occupation
 Wallace, IDColorado Springs, COUnited States
 Management, business, finance15.9%  Unlock16.4%
 Engineering, computers, science  Unlock8.5%6.5%
 Community, social services3.4%  Unlock1.8%
 Legal  Unlock0.9%1.2%
 Education, library9.2%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.5%2.0%
 Healthcare practitioners and technology3.6%  Unlock6.2%
 Healthcare support  Unlock3.5%3.3%
 Firefighters, law enforcement1.6%  Unlock2.1%
 Food preparation, serving  Unlock5.9%5.4%
 Building maintenance7.2%  Unlock3.6%
 Personal care  Unlock2.7%2.6%
 Sales, office, administrative support23.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.1%0.6%
 Construction, extraction, maintenance/repair12.1%  Unlock8.1%
 Production, transportation, material moving  Unlock9.4%13.1%
Reviews for Wallace    3 Reviews

Over 15 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 16 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 19 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 Colorado Springs    199 Reviews

Over 1 years ago

I grew up in Colorado Springs, left for the military, and moved back in 2008. It is not the same place I grew up in or what it was 15 years ago. High crime,  More

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Over 1 years ago

Moved here from san diego. All expenses went up with exception to gas. San diego may not have an affordable housing market, but with all others equal san diego is still  More

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Moved here in the summer from one of the hottest places on earth and my quality of life has gone up dramatically. I can walk outside, there are enormous mountains to  More

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