Wallace, NE Employment - Median Household Income, Unemployment Rate

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C+

2%

Income/capita NAT. AVG.

0%

Household income NAT. AVG.

100%

Unemployment NAT. AVG.

Index	Wallace	Nebraska	National
Income per capita	$44,025	$42,745	$44,883
Median household income	$80,947	$81,154	$81,333
Median income owner occupied	$112,814	$102,351	$106,172
Median income renter occupied	$45,684	$47,625	$52,080
Median earnings male	$45,377	$53,280	$54,343
Median earnings female	$44,794	$37,214	$38,439
Unemployment rate	0.0%	3.1%	4.9%
Poverty level	1.8%	12.4%	15.1%

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Key findings

The income per capita in Wallace is 2% lower than the national average
The median household income in Wallace is equal to the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Wallace is 100% lower than the national average
The poverty level in Wallace is 88% lower than the national average

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am i middle class

$53,959 $80,947 $161,894

City

$54,097 $81,154 $162,308

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	12.9%	12.9%
Manufacturing sector	0.0%	0.0%
Financial & insurance services	3.2%	3.2%
Wholesale & retail services	12.9%	12.9%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	12.9%	12.9%
Education, health & social services	14.5%	14.5%
Other	43.5%	43.5%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Elsie, NE	153	$63,997	21.3%
Wallace, NE	285	$80,947	0.5%

Cities with similar population

City	Population	Household Income	National Avg.
Freedom Acres, AZ	285	$157,431	93.6%
Garrison, IA	285	$62,533	23.1%
Grinnell, KS	285	$83,488	2.6%
Edgemont, MD	285	$121,308	49.1%
Eitzen, MN	285	$63,394	22.1%
Wallace, NE	285	$80,947	0.5%

Source: The Wallace, NE 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.