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CITY

Wallace

Idaho · 844 residents (2025 est.) · 0.908 sq mi
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The short version

Wallace has notably lower household income than the US average, with a median household income of $51,492. Population has held roughly steady since 2000. 20% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than tripled since 2000, reaching $232,700. With a median age of 47.0, the population is older than the US median of 38.9. Households here earn about 34% less than the Idaho median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 47.0
US median: 38.9
Less educated
20% hold a bachelor's degree
US average: 36%
Less affordable
home values up 105%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
1,027
+7%since 2000
from 960 in 2000
1990 – 2025
Population density
1,131 / sq mi
+7%since 2000
from 1,057 / sq mi in 2000
US average: 281
Median age
47.0
+16%since 2000
from 40.6 in 2000
US average: 38.9

PEP 2025 EST:844 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
7278399511K1K1990201020202024Wallace
20241K
1990201020202024
Section 02

Income & economy

Median household income
$51,492
+28%inflation adjusted, since 2000
from $22,065 in 2000
US average: $82,259
1990 – 2024
Per capita income
$30,346
+106%since 2000
from $14,699 in 2000
US average: $44,673
Households earning $100K+
31.9%
+18.8 ptssince 2009
from 13.1% in 2009
US average: 53.3%
Poverty rate
20.1%
Unchangedsince 2000
from 20.1% in 2000
US average: 12.5%
Income inequality (Gini)
0.429
Unchangedsince 2010
from 0.431 in 2010
US average: 0.476
Workforce by industry, 2024
Information18%
US avg: 10.8%
Agriculture, forestry, fishing14.3%
US avg: 1.6%
Manufacturing13.8%
US avg: 0.4%
Wholesale trade11.9%
US avg: 6.9%
Retail trade5.8%
US avg: 9.9%
Other services5.6%
US avg: 6.7%
Finance & insurance1.6%
US avg: 5.9%
Professional, scientific, technical1.6%
US avg: 5.1%
Transportation & warehousing1.2%
US avg: 2.2%
Construction0.5%
US avg: 1.2%
Arts, entertainment, food0.5%
US avg: 1.9%
Education & health services0%
US avg: 0.9%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$232,700
+105%inflation adjusted, since 2000
from $62,400 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$727
+22%inflation adjusted, since 2000
from $328 in 2000
US average: $1,442
Owner-occupied
57.6%
+0.4 ptssince 2000
from 57.1% in 2000
42.4% rent
Vacancy rate
33.4%
−0.5 ptssince 2009
from 33.8% in 2009
US average: 10.0%
Owner cost-burdened
17.5%
−17.8 ptssince 2009
from 35.3% in 2009
US average: 22.9%
Renter cost-burdened
49.2%
−0.8 ptssince 2009
from 50.0% in 2009
US average: 47.4%
Afford Score
4.5
+60%since 2000
from 2.8 in 2000
1990 – 2024
Gentrification Score
58
RELATED:See current rent listings in Wallace on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic93.5%(898)
Black0%(0)
Hispanic / Latino2.2%(21)
Asian0.1%(1)
Other0%
Diversity Score5.8%(56)
2024
White, non-Hispanic87.9%(903)
Black0.7%(7)
Hispanic / Latino8.3%(85)
Asian0.3%(3)
Other2.8%(29)
Diversity Score27.4%(281)
Diversity Score
27
+369%since 2000
from 6 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
19.6%
+2.4 ptssince 2000
from 17.2% in 2000
US average: 35.6%
High school or higher
93.0%
+7.1 ptssince 2000
from 85.9% in 2000
US average: 89.6%
Graduate degree
4.4%
−1.1 ptssince 2000
from 5.5% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
18.3 min
+20%since 2000
from 15.2 min in 2000
US average: 26.5
Drive alone to work
64.5%
−15.5 ptssince 2009
from 79.9% in 2009
US average: 68.9%
Carpooled to work
6.9%
+0.9 ptssince 2009
from 6.0% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
12.8%
+12.8 ptssince 2009
from 0.0% in 2009
US average: 15.0%
Walked to work
15.4%
+4.5 ptssince 2009
from 10.9% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
14.1%
+7.4 ptssince 2009
from 6.8% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
5.7%
−4.9 ptssince 2011
from 10.6% in 2011
US average: 5.2%
Labor force participation
52.2%
+9.1 ptssince 2011
from 43.1% in 2011
US average: 63.5%
Self-employed
16.4%
−2.5 ptssince 2009
from 18.9% in 2009
US average: 13.1%
Management & professional
33.4%
−35.9 ptssince 2009
from 69.3% in 2009
US average: 42.5%
Section 08

People & community

Male
57.3%
+17.8 ptssince 2009
from 39.5% in 2009
Female
42.7%
−17.8 ptssince 2009
from 60.5% in 2009
Foreign born
2.8%
−0.2 ptssince 2009
from 3.1% in 2009
US average: 14.1%
Veterans
12.3%
−27.1 ptssince 2009
from 39.4% in 2009
US average: 6.2%
With a disability
28.5%
+15.5 ptssince 2012
from 13.0% in 2012
US average: 13.3%
Uninsured
4.9%
−80.0 ptssince 2013
from 84.9% in 2013
US average: 8.4%
Broadband at home
94.2%
+29.8 ptssince 2017
from 64.4% in 2017
US average: 91.0%
English only at home
96.4%
−1.1 ptssince 2016
from 97.5% in 2016
US average: 77.7%
Spanish at home
1.8%
+0.4 ptssince 2016
from 1.4% in 2016
US average: 13.6%
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WALLACE VS
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Frequently asked

How many people live in Wallace, Idaho?

Wallace, Idaho has about 1,027 residents according to the 2024 American Community Survey.

What is the median household income in Wallace, Idaho?

The typical household in Wallace, Idaho earns about $51,492 a year. Half of households make more than that, and half make less.

Is Wallace, Idaho expensive?

In Wallace, Idaho, the median home is worth about $232,700, and the typical rent is about $727 a month.

How educated are people in Wallace, Idaho?

About 19.6% of adults age 25 and over in Wallace, Idaho hold a bachelor's degree or higher.

What is the poverty rate in Wallace, Idaho?

About 20.1% of people in Wallace, Idaho live below the federal poverty line.

Has Wallace, Idaho grown since 1990?

Yes, Wallace, Idaho has grown since 1990. The population has added about 17 residents, a change of about 2 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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