Wallace, PA is a small town located about 90 miles from Pittsburgh with a population of around 800 people. The town is known for its low cost of living, with 2 bedroom rent being an average of $1,900 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Wallace is 110 compared to 100 in the US as a whole. As such, Wallace has become an attractive location for those looking to move away from larger cities and enjoy the quieter lifestyle.
The town offers many services and local businesses such as Wallace Appliance Repair and Refrigeration Services, Healthy Springs Farm Market, Carpenter Garage Doors, and Jackson's Tree Service. Each business offers high quality services that add to the vibrant culture of Wallace while also helping residents maintain their low cost of living.
Wallace has an unemployment rate of 4.7%. The US average is 6.0%.
Wallace has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 29.2%, which is lower than the US average of 33.5%.
Tax Rates for Wallace
- The Sales Tax Rate for Wallace is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wallace is 4.1%. 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 $50,931 a year. The US average is $37,638 a year.
- The Median household income of a Wallace resident is $133,077 a year. The US average is $69,021 a year.