Wallace, FL Employment - Median Household Income, Unemployment Rate

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19%

Income/capita NAT. AVG.

48%

Household income NAT. AVG.

73%

Unemployment NAT. AVG.

Index	Wallace	Florida	National
Income per capita	$53,202	$40,554	$44,883
Median household income	$120,309	$72,078	$81,333
Median income owner occupied	$122,669	$88,075	$106,172
Median income renter occupied	$0	$51,794	$52,080
Median earnings male	$90,373	$45,688	$54,343
Median earnings female	$60,553	$37,493	$38,439
Unemployment rate	1.3%	5.2%	4.9%
Poverty level	11.7%	16.1%	15.1%

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Homes For Sale In Wallace, FL

3035 Whitley Ln

Milton, FL

2598 Caldwell Cir

Milton, FL

6000 Serrate ST Lot 1I

Pace, FL

5995 Serrate ST Lot 34J

Pace, FL

Key findings

The income per capita in Wallace is 19% higher than the national average
The median household income in Wallace is 48% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Wallace is 73% lower than the national average
The poverty level in Wallace is 22% lower than the national average

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am i middle class

$80,197 $120,309 $240,618

City

$48,047 $72,078 $144,156

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Wallace median earnings by income bracket

Wallace employment by industry

Labour Type	Male	Female
Construction industry	0.0%	0.0%
Manufacturing sector	25.6%	25.6%
Financial & insurance services	14.7%	14.7%
Wholesale & retail services	34.9%	34.9%
Public administration	10.6%	10.6%
Transportation, warehousing & utilities	3.2%	3.2%
Education, health & social services	4.3%	4.3%
Other	6.8%	6.8%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Garcon Point, FL	511	$204,696	151.7%
Molino, FL	1,414	$123,507	51.9%
Gonzalez, FL	14,583	$110,896	36.3%
Roeville, FL	679	$105,127	29.3%
Pea Ridge, FL	4,964	$102,309	25.8%
Wallace, FL	2,724	$120,309	47.9%

Cities with similar population

City	Population	Household Income	National Avg.
Centreville, AL	2,724	$62,568	23.1%
Thunderbolt, GA	2,723	$91,054	12.0%
North Middletown, NJ	2,723	$114,192	40.4%
Blasdell, NY	2,723	$75,876	6.7%
Tahoka, TX	2,723	$51,268	37.0%
Wallace, FL	2,724	$120,309	47.9%

Source: The Wallace, FL employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.