Wallace, KS County is a great place to live and work. It has a lower cost of living than the US average, with two-bedroom rent being $790 versus the US average of $1,430. The Grocery Cost Index in Wallace is 93, well below the national index of 100. This means that groceries are more affordable here than across the United States. There are several local businesses in this area including Wallace Ace Hardware, Wallace Cleaners, and C & K Auto Parts. Shopping at these establishments can help to save even more money when compared to larger retailers. All in all, Wallace County offers an excellent quality of life for its residents while keeping their costs low due to lower rent prices and cheaper groceries.
Wallace County has an unemployment rate of 1.9%. The US average is 6.0%.
Wallace County has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 13.4%, which is lower than the US average of 33.5%.
Tax Rates for Wallace County
- The Sales Tax Rate for Wallace County is 6.7%. The US average is 7.3%.
- The Income Tax Rate for Wallace County is 5.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Wallace County
- The average income of a Wallace County resident is $28,254 a year. The US average is $28,555 a year.
- The Median household income of a Wallace County resident is $56,538 a year. The US average is $69,021 a year.