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Wallace, SD

Full City Profile · South Dakota · Day County County

3.1 /5.0
B Good
67 Population 515/sq mi density
$53,750 Median Income $21,375 per capita
$85,600 Home Value $503,980 Zillow
$575 Median Rent 22.5% income on rent
44°F Avg Temperature 276 sunny days/yr
262 Violent Crime/100K 2,215 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$53,750 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$85,600 home value, $575/mo rent
F
Safety
1.0 / 5.0
262 violent crimes/100K
C
Education
2.4 / 5.0
17.8% bachelor's degree or higher

Income Overview

Median Household Income
$53,750
28% below
US avg: $75,149
Per Capita Income
$21,375
45% below
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%

Income Comparison: Wallace vs. U.S. Average

Each bar shows Wallace’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$53,750
72%
Per Capita
US: $39,052
$21,375
55%
IRS Avg AGI
US: $72,000
$83,519
116%
Avg Weekly Wage
US: $1,432
$863
60%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$863
40% below US avg ($1,432)
Mean Commute Time
36 min
29% above US avg (28 min)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
61.9%
15% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$381M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 61.9%
Public Transit 0%
Work From Home 0%
Other 38.1%
Average commute time
36 minutes
US avg: 28 min

Business Landscape

Total Establishments
268
Restaurants
25
Healthcare
20
Retail
38
Manufacturing
12

Tax & Financial

IRS Avg Adjusted Gross Income
$83,519
16% above US avg ($72,000)
Avg Property Tax
$5,400
54% above US avg ($3,500)
Cost of Living Index
88.6
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$53,750
Per Capita Income$21,375
IRS Avg Adjusted Gross Income$83,519
Avg Weekly Wage$863
County GDP$381M

Hardship Indicators

Unemployment Rate0.0%
Poverty Rate0.0%
Gini Coefficient0.444
Cost of Living Index88.6

Commute

Mean Commute36 minutes
Drive Alone61.9%
Public Transit0.0%
Work From Home0.0%

Businesses

Total Establishments268
Restaurants25
Healthcare20
Retail38
Manufacturing12

Tax

IRS Avg AGI$83,519
Avg Property Tax$5,400