Wallace, CA Economy


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United States / California / No Metro Area / Calaveras County / Wallace / Zip Codes
Wallace, CA is a small town in California with a population that is not stated. The rent for a two bedroom apartment in Wallace costs $1,660 per month which is slightly higher than the US average two bedroom rent at $1,430 per month. Additionally, the grocery cost index in Wallace is 106 versus 100 in the US meaning groceries are more expensive than average. There are several companies located within Wallace such as 'TLC Audio', 'Fitzgerald Automotive', and 'Greenwood Restaurant'. Overall, Wallace has a relatively high cost of living due to its rental prices and the higher than average grocery costs.

Wallace has an unemployment rate of 6.3%. The US average is 6.0%.

Wallace has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 39.2%, which is higher than the US average of 33.5%.

Tax Rates for Wallace
- The Sales Tax Rate for Wallace is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Wallace is 9.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Wallace
- The average income of a Wallace resident is $53,687 a year. The US average is $28,555 a year.
- The Median household income of a Wallace resident is $105,243 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWallace, CaliforniaUnited States
  6.36
  -4.4%-6.2%
  39.2%33.5%
  7.3%6.2%
  8.0%4.6%
  $44,436$37,638
  $105,243$69,021
  $102,215$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  17.3%10.0%
  13.4%2.5%
  3.6%11.0%
  7.6%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  15.8%1.9%
  34.3%7.6%
  0.0%0.1%
  0.0%4.2%
  7.9%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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