The median household income in Wallace, NC in 2022 was $48,243, which was 39.9% less than the median annual income of $67,481 across the entire state of North Carolina. Compared to the median income of $25,422 in 2000 this represents an increase of 47.3%. The per capita income in 2022 was $29,194, which means an increase of 50.7% compared to 2000 when it was $14,380.
Whole page based on the data from 2000 / 2022 when the population of Wallace, North Carolina was 3,344 / 3,518
Income statistics for all residents
Median household income in Wallace, NC in 2022:
Wallace:
$48,244
State:
$67,481
Change in median household income between 2000 and 2022:
Wallace, North Carolina:
+89.8%
State:
+72.2%
Number of households with income < $10k:
Wallace:
3.4% (59)
State:
5.4% (232,212)
Number of households with income $10k - 20k:
Wallace:
8.8% (152)
North Carolina:
7.7% (331,976)
Number of households with income $20k - 30k:
Wallace:
7.7% (133)
North Carolina:
7.5% (321,882)
Number of households with income $30k - 40k:
Wallace:
14.2% (246)
State:
8.3% (358,489)
Number of households with income $40k - 50k:
Wallace:
16.7% (289)
State:
8.2% (350,907)
Number of households with income $50k - 60k:
Wallace:
12.0% (208)
State:
7.6% (326,126)
Number of households with income $60k - 75k:
Wallace:
13.6% (235)
State:
10.1% (435,678)
Number of households with income $75k - 100k:
Wallace:
9.5% (165)
State:
13.0% (558,943)
Number of households with income $100k - 125k:
Wallace:
6.4% (110)
State:
9.6% (411,954)
Number of households with income $125k - 150k:
Wallace:
0.7% (12)
North Carolina:
6.4% (276,370)
Number of households with income $150k - 200k:
Wallace:
3.8% (65)
North Carolina:
7.4% (319,173)
Number of households with income > $200k:
Wallace:
3.3% (57)
State:
8.7% (375,556)
Aggregate household income in Wallace in 2022: $108,649,787
Median family income in Wallace in 2022:
Wallace:
$63,301
State:
$83,448
Number of families with income < $10k:
Wallace:
5.4% (57)
State:
3.4% (94,598)
Number of families with income $10k - 20k:
Wallace:
1.5% (16)
State:
4.2% (117,182)
Number of families with income $20k - 30k:
Wallace:
1.1% (12)
State:
5.4% (150,808)
Number of families with income $30k - 40k:
Wallace:
17.9% (188)
North Carolina:
7.0% (194,360)
Number of families with income $40k - 50k:
Wallace:
4.4% (46)
North Carolina:
7.1% (197,428)
Number of families with income $50k - 60k:
Wallace:
13.4% (140)
State:
7.0% (195,435)
Number of families with income $60k - 75k:
Wallace:
20.8% (218)
North Carolina:
10.5% (292,273)
Number of families with income $75k - 100k:
Wallace:
15.9% (166)
State:
14.7% (409,674)
Number of families with income $100k - 125k:
Wallace:
10.3% (108)
North Carolina:
11.3% (314,995)
Number of families with income $150k - 200k:
Wallace:
3.8% (40)
State:
9.6% (268,367)
Number of families with income > $200k:
Wallace:
5.4% (57)
State:
11.8% (327,886)
Median non-family income in Wallace in 2022:
Wallace:
$41,525
State:
$41,534
Median per capita income in Wallace in 2022:
Wallace:
$29,195
North Carolina:
$38,701
Change in median per capita income between 2000 and 2022:
Wallace, North Carolina:
+103.0%
State:
+90.6%
Income statistics for White residents
Median household income in Wallace, NC in 2022:
Wallace:
$53,159
North Carolina:
$75,197
Change in median household income between 2000 and 2022:
Wallace, North Carolina:
+98.5%
State:
+76.8%
Number of households with income < $10k:
Wallace:
5.3% (58)
North Carolina:
4.4% (125,166)
Number of households with income $10k - 20k:
Wallace:
8.0% (87)
State:
6.6% (187,893)
Number of households with income $20k - 30k:
Wallace:
4.7% (51)
State:
6.8% (194,490)
Number of households with income $30k - 40k:
Wallace:
14.7% (160)
State:
7.4% (210,508)
Number of households with income $40k - 50k:
Wallace:
14.7% (159)
North Carolina:
7.6% (217,521)
Number of households with income $50k - 60k:
Wallace:
13.2% (143)
State:
7.2% (206,197)
Number of households with income $60k - 75k:
Wallace:
7.0% (76)
North Carolina:
9.8% (279,732)
Number of households with income $75k - 100k:
Wallace:
14.8% (161)
State:
13.7% (390,042)
Number of households with income $100k - 125k:
Wallace:
5.6% (61)
North Carolina:
10.4% (297,273)
Number of households with income $125k - 150k:
Wallace:
1.1% (12)
North Carolina:
7.2% (203,852)
Number of households with income $150k - 200k:
Wallace:
5.7% (62)
State:
8.4% (239,971)
Number of households with income > $200k:
Wallace:
5.1% (55)
State:
10.4% (297,649)
Aggregate household income in Wallace in 2022: $76,565,396
Median family income in Wallace in 2022:
Wallace:
$73,615
State:
$93,403
Number of families with income < $10k:
Wallace:
8.4% (56)
State:
2.4% (45,246)
Number of families with income $10k - 20k:
Wallace:
2.2% (15)
North Carolina:
3.2% (59,132)
Number of families with income $30k - 40k:
Wallace:
14.6% (97)
State:
5.6% (103,621)
Number of families with income $40k - 50k:
Wallace:
6.6% (44)
North Carolina:
6.4% (118,099)
Number of families with income $50k - 60k:
Wallace:
11.9% (79)
State:
6.6% (122,527)
Number of families with income $60k - 75k:
Wallace:
8.6% (57)
State:
9.8% (182,594)
Number of families with income $75k - 100k:
Wallace:
24.5% (163)
State:
15.5% (287,614)
Number of families with income $100k - 125k:
Wallace:
9.2% (61)
State:
12.5% (231,962)
Number of families with income $150k - 200k:
Wallace:
5.7% (38)
North Carolina:
10.9% (201,776)
Number of families with income > $200k:
Wallace:
8.3% (55)
State:
14.1% (261,328)
Median non-family income in Wallace in 2022:
Wallace:
$46,516
North Carolina:
$44,158
Median per capita income in Wallace in 2022:
Wallace:
$32,694
State:
$44,946
Change in median per capita income between 2000 and 2022:
Wallace, North Carolina:
+73.5%
North Carolina:
+95.8%
Income statistics for Black or African American residents
Median household income in Wallace, NC in 2022:
Wallace:
$43,932
State:
$50,059
Number of households with income < $10k:
Wallace:
0.0% (0)
State:
8.3% (74,698)
Number of households with income $10k - 20k:
Wallace:
4.5% (23)
State:
11.7% (104,693)
Number of households with income $20k - 30k:
Wallace:
12.6% (64)
State:
9.3% (82,966)
Number of households with income $30k - 40k:
Wallace:
15.0% (76)
State:
10.7% (95,641)
Number of households with income $40k - 50k:
Wallace:
25.2% (128)
State:
10.0% (89,655)
Number of households with income $50k - 60k:
Wallace:
0.0% (0)
State:
8.6% (76,854)
Number of households with income $60k - 75k:
Wallace:
33.5% (170)
State:
11.0% (98,582)
Number of households with income $75k - 100k:
Wallace:
0.0% (0)
North Carolina:
11.3% (101,044)
Number of households with income $100k - 125k:
Wallace:
9.1% (46)
North Carolina:
7.0% (62,890)
Number of households with income $125k - 150k:
Wallace:
0.0% (0)
State:
4.3% (38,737)
Number of households with income $150k - 200k:
Wallace:
0.0% (0)
North Carolina:
4.5% (39,994)
Number of households with income > $200k:
Wallace:
0.0% (0)
State:
3.4% (30,594)
Aggregate household income in Wallace in 2022: $25,368,899
Median family income in Wallace in 2022:
Wallace:
$67,087
State:
$61,678
Number of families with income $30k - 40k:
Wallace:
28.5% (88)
State:
10.5% (55,158)
Number of families with income $60k - 75k:
Wallace:
57.8% (179)
State:
12.8% (67,311)
Number of families with income $100k - 125k:
Wallace:
13.7% (42)
North Carolina:
8.6% (45,443)
Median non-family income in Wallace in 2022:
Wallace:
$41,865
State:
$34,291
Median per capita income in Wallace in 2022:
Wallace:
$28,970
State:
$28,411
Income statistics for Hispanic or Latino residents
Median household income in Wallace, NC in 2022:
Wallace:
$39,449
State:
$57,348
Change in median household income between 2000 and 2022:
Wallace, North Carolina:
+54.9%
State:
+77.3%
Number of households with income < $10k:
Wallace:
0.0% (0)
North Carolina:
6.9% (21,164)
Number of households with income $10k - 20k:
Wallace:
19.0% (44)
North Carolina:
6.6% (20,272)
Number of households with income $20k - 30k:
Wallace:
15.6% (36)
North Carolina:
9.2% (28,070)
Number of households with income $30k - 40k:
Wallace:
37.7% (87)
State:
10.3% (31,524)
Number of households with income $40k - 50k:
Wallace:
0.0% (0)
State:
9.6% (29,552)
Number of households with income $50k - 60k:
Wallace:
27.7% (64)
North Carolina:
9.6% (29,493)
Number of households with income $60k - 75k:
Wallace:
0.0% (0)
State:
11.9% (36,598)
Number of households with income $75k - 100k:
Wallace:
0.0% (0)
North Carolina:
13.1% (40,020)
Number of households with income $100k - 125k:
Wallace:
0.0% (0)
North Carolina:
8.8% (27,080)
Number of households with income $125k - 150k:
Wallace:
0.0% (0)
North Carolina:
5.0% (15,248)
Number of households with income $150k - 200k:
Wallace:
0.0% (0)
State:
4.6% (13,955)
Number of households with income > $200k:
Wallace:
0.0% (0)
State:
4.4% (13,490)
Aggregate household income in Wallace in 2022: $8,580,391
Median family income in Wallace in 2022:
Wallace:
$41,423
State:
$59,574
Number of families with income $20k - 30k:
Wallace:
7.3% (12)
North Carolina:
10.0% (23,695)
Number of families with income $30k - 40k:
Wallace:
51.5% (83)
State:
9.9% (23,486)
Number of families with income $50k - 60k:
Wallace:
41.2% (67)
State:
9.9% (23,438)
Median per capita income in Wallace in 2022:
Wallace:
$14,301
State:
$21,631
Change in median per capita income between 2000 and 2022:
Wallace, North Carolina:
+96.7%
State:
+94.9%
Income statistics for Multirace residents
Number of households with income < $10k:
Wallace:
0.0% (0)
North Carolina:
5.6% (13,531)
Number of households with income $10k - 20k:
Wallace:
78.7% (59)
State:
8.1% (19,419)
Number of households with income $20k - 30k:
Wallace:
21.3% (16)
North Carolina:
7.8% (18,737)
Number of households with income $30k - 40k:
Wallace:
0.0% (0)
North Carolina:
9.5% (22,818)
Number of households with income $40k - 50k:
Wallace:
0.0% (0)
North Carolina:
7.9% (18,914)
Number of households with income $50k - 60k:
Wallace:
0.0% (0)
State:
8.1% (19,613)
Number of households with income $60k - 75k:
Wallace:
0.0% (0)
State:
10.6% (25,534)
Number of households with income $75k - 100k:
Wallace:
0.0% (0)
North Carolina:
12.6% (30,364)
Number of households with income $100k - 125k:
Wallace:
0.0% (0)
North Carolina:
10.1% (24,418)
Number of households with income $125k - 150k:
Wallace:
0.0% (0)
State:
5.8% (13,918)
Number of households with income $150k - 200k:
Wallace:
0.0% (0)
State:
7.4% (17,791)
Number of households with income > $200k:
Wallace:
0.0% (0)
North Carolina:
6.5% (15,614)
Aggregate household income in Wallace in 2022: $8,159,444
Median per capita income in Wallace in 2022:
Wallace:
$3,372
State:
$25,945
Change in median per capita income between 2000 and 2022:: -80.9%
Wallace, North Carolina:
-80.9%
North Carolina:
+124.0%
Income statistics for other residents
Number of households with income < $10k:
Wallace:
0.0% (0)
North Carolina:
6.2% (9,504)
Number of households with income $10k - 20k:
Wallace:
0.0% (0)
State:
6.8% (10,369)
Number of households with income $20k - 30k:
Wallace:
0.0% (0)
State:
9.9% (15,154)
Number of households with income $30k - 40k:
Wallace:
0.0% (0)
State:
11.8% (18,031)
Number of households with income $40k - 50k:
Wallace:
0.0% (0)
State:
10.1% (15,496)
Number of households with income $50k - 60k:
Wallace:
100.0% (81)
State:
10.7% (16,341)
Number of households with income $60k - 75k:
Wallace:
0.0% (0)
North Carolina:
13.0% (19,842)
Number of households with income $75k - 100k:
Wallace:
0.0% (0)
North Carolina:
12.1% (18,518)
Number of households with income $100k - 125k:
Wallace:
0.0% (0)
State:
7.6% (11,567)
Number of households with income $125k - 150k:
Wallace:
0.0% (0)
North Carolina:
5.2% (7,883)
Number of households with income $150k - 200k:
Wallace:
0.0% (0)
North Carolina:
3.1% (4,814)
Number of households with income > $200k:
Wallace:
0.0% (0)
State:
3.6% (5,469)
Aggregate household income in Wallace in 2022: $20,112,731
Median per capita income in Wallace in 2022:
Wallace:
$32,745
State:
$20,252
Discuss Wallace, North Carolina (NC) on our hugely popular North Carolina forum.
-80.9%
+124.0%