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Wallace, Idaho

city · Shoshone County

At a glance

1,027
Population
$232,700
Median home value (all homes)
23% below U.S. median
$261,838
Typical market value
Zillow, 2026-07
$727/mo
Median rent
46% below U.S. median
$51,492
Median household income
34% below U.S. median
18.3 min
Average commute
94.2%
Homes with broadband
84.26%
Locations with fiber available
5.7%
Unemployment

Cost of living (Clay Affordability Index)

CAI 91 — 9% below the national average. how it's computed

Housing6% below
Goods & services5% below
Utilities14% above
Taxes33% below
Insurance39% below
Commute cost33% below
For business: Idaho is CBII band 2/5 · time to build band 1/5. See state page for the breakdown.

Living here

Nearest 4-year college70 mi
Nearest community college43 mi
Nearest technical college44 mi
High school graduates93%
College graduates19.6%

Doing business here

Economic development contacts, most local first:

city Silver Valley Economic Development Corporation
The SVEDC exists to guide and support moving or starting and growing a business in the Silver Valley and attracts financing packages, working with PAC and local lenders to finance projects. It serves businesses, residents, and the broader community by analyzing the greater economy and driving improvements to the business environment.
state Panhandle Area Council
The Panhandle Area Council (PAC) is an Economic Development Organization that provides small business loans, project financing, and community development services to advance economic development opportunities across Idaho. Additionally, PAC operates an Innovation Space that provides office space and industrial bays for lease to start-ups and expanding businesses.
State sales taxYes
State income taxYes
Right-to-work stateYes

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