Wallace, WV Utility & Living Guide

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Wallace, WV Utility & Living Guide

Utilities, housing, taxes, cost of living, and local insights — everything residents and families need.

Last updated: June 26, 2026
Total Utilities$250/mo
1BR Rent$900/mo
Sales Tax6%
COL Index94 (-6% below national average)
Family Score8/10
Median Home$240,000
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⚠️ Natural Hazard History — Wallace
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💰 Budget Calculator
🔌 Utilities
🏠 Housing
📊 Cost of Living
💰 Taxes
👨‍👩‍👧 Families
🧮 Tools

Monthly Utility Costs

⚡ Electric

$130/mo

Mon Power
🔥 Gas

N/A - Electric only
💧 Water

$40/mo

Wallace Water Department
🗑️ Garbage

$20/mo

Republic Services
📶 Internet

$60/mo

Combined Average Overhead$250/month

Housing Market

Rent & Property
1 Bedroom$900/mo
2 Bedrooms$1200/mo
3 Bedrooms$1800/mo
Median Home Price$240,000
Property Tax Rate0.8%
Avg Childcare/mo$800

The housing market in Wallace is relatively affordable, with a range of options from historic homes to new constructions. Rentals are also available, though options may be limited. Overall, the market is stable with slow appreciation.

Cost of Living

Overall COL Index

94

US national avg = 100
vs National Avg

-6% below national average

Groceries

95

Transportation

88

Healthcare

105

Childcare/mo

$800

Tax Rates

Tax Overview
Total Sales Tax6%
Property Tax Rate0.8%
<p>State 6% + County 0% + City 0%</p>

West Virginia has a progressive income tax system with rates ranging from 3% to 6.5%

Family & Relocation

Family Vibe Score
8/10
Safety Index

70

Higher = safer
School Rating

7/10

GreatSchools avg
Avg Childcare

$800/mo

City Pulse

Population Trend
+2% (growing)
Political Climate
Red
Business Momentum
Moderate, with key industries in healthcare, education, and manufacturing
Top Local Concerns
Economic development, infrastructure maintenance, public safety
🚌 Transit for Families

Public transit in Wallace is limited, but the town is relatively walkable and bike-friendly, with some sidewalks and crosswalks.

🎡 Top Kid Attractions
  • 🎯
    Wallace Park
  • 🎯
    Tygart Lake State Park
  • 🎯
    Prickett's Fort State Park

Best Neighborhoods for Families

The downtown area and surrounding neighborhoods offer a mix of historic homes and newer constructions, with easy access to local amenities and outdoor spaces. Families often prefer these areas for their walkability and community feel.

Household Budget Calculator

Estimate your real monthly cost of living in Wallace based on your household profile.

📰 Live Local News

Zoning laws and building permits are managed by the local government, with an emphasis on preserving the town’s historic character.

Financial Tools

Calculators
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📊 Wallace — Census & Demographic Data

Official data from the US Census Bureau, American Community Survey.

☀️ Seasonal Utility Costs

Utility costs in Wallace tend to be higher in winter due to heating needs, with average bills increasing by 20-30% from December to February. In contrast, summer months see lower utility bills, with a focus on electricity for cooling.

🏛️ Local Tax Details

The ZIP code 26448 has a property tax millage rate of 12.5, with no local surtaxes.

👶 Family & Stroller Friendliness

6, with explanation: while Wallace has some sidewalks and crosswalks, the town's infrastructure could be improved to better support stroller-friendly mobility, particularly in areas with heavy traffic or lack of pedestrian paths.

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