Wallace County, Kansas
Income Data
At a Glance
How Wallace County Compares
Detailed Income Statistics
Data Story
About Household Income in Wallace County, Kansas
Wallace County Trails National Average
Wallace County's median household income of $60,263 falls about $14,500 short of the U.S. median of $74,755, placing it in the lower third nationally. This gap reflects the economic challenges facing isolated high-plains communities.
Below Kansas Average, But Stable
At $60,263, Wallace County's median income is about 6% below Kansas's state average of $64,428, ranking it in the lower half of the state's counties. The per capita income of $35,831 suggests that wealth is distributed relatively evenly across residents.
Struggling Against Regional Peers
Wallace County significantly lags Thomas ($73,575) and Trego ($73,375) counties to the east—a gap of roughly $13,000 in median household income. Even compared to Greeley and Sherman counties, Wallace's earning power is noticeably lower.
Low Housing Costs Provide Relief
Wallace County's rent-to-income ratio of 11.5% is healthy, and the median home value of just $94,200 means housing remains genuinely affordable despite modest incomes. This is a bright spot in an otherwise tight budget picture.
Start Small, Think Long-Term
Wallace County residents should harness the affordability advantage to build modest savings—even $50 monthly into a retirement account compounds significantly over decades. Local lending institutions and state savings programs can help families convert housing savings into broader wealth-building.
Frequently Asked Questions
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Your income is above the Wallace County median
County median: $60,263 per year
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vs. State Average
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vs. National Median
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.