Vallampally has mixed population from various sections of society including cloth-weavers, farmers and small-time traders.

Many families have family members working in Mumbai and middle east like Dubai and other gulf countries, and there is a strong association with people living abroad.

Much of the younger generations have moved to towns and cities like Hyderabad, Bangalore and Pune in search of jobs in industry.

The women in the village generally engage in beedi-rolling and agricultural forming works; which is a cottage-industry very popular in this region of Telangana.

This article about a location in Karimnagar district, Telangana is a stub.