Wallace, Idaho is the small town located in Shoshone County with an estimated population of 838. This charming town offers a peaceful atmosphere and unique amenities that make it an attractive place to live. The average 2 bedroom rent in Wallace, Idaho is $860, which is significantly lower than the US average of $1,430. Additionally, grocery cost index for Wallace is 96 compared to 100 for the US. In terms of local businesses for shopping and dining out, there are plenty of options including The Bunker Bar & Grill, Kootenai Orchard & Market and Red Light Garage. Overall, Wallace offers a low-cost housing market with plenty of local amenities making it an ideal place to live in Idaho.
Wallace (zip 83873) has an unemployment rate of 7.4%. The US average is 6.0%.
Wallace (zip 83873) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 20.1%, which is lower than the US average of 33.5%.
Tax Rates for Wallace (zip 83873)
- The Sales Tax Rate for Wallace (zip 83873) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wallace (zip 83873) is 7.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Wallace (zip 83873)
- The average income of a Wallace (zip 83873) resident is $24,864 a year. The US average is $37,638 a year.
- The Median household income of a Wallace (zip 83873) resident is $39,727 a year. The US average is $69,021 a year.