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CITY · 2010 ACS

Wallace

Idaho · 784 residents · 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 $26,745. Population has fallen 18% since 2000, a loss of 176 residents. 16% of adults hold a bachelor's degree or higher, below the national rate of 28%. Median home value has more than doubled since 2000, reaching $146,500. With a median age of 47.5, the population is older than the US median of 37.2. Households here earn about 42% less than the Idaho median.

At a glance
Lower income
below the US median
US median: $52,703
Older
median age 47.5
US median: 37.2
Less educated
16% hold a bachelor's degree
US average: 28%
Less affordable
home values up 85%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
784
−18%since 2000
from 960 in 2000
1990 – 2025
Population density
863 / sq mi
−18%since 2000
from 1,057 / sq mi in 2000
US average: 261
Median age
47.5
+17%since 2000
from 40.6 in 2000
US average: 37.2
Population, 1990 – 2024
7278399511K1K1990201020202024Wallace
20241K
1990201020202024
Section 02

Income & economy

Median household income
$26,745
−4%inflation adjusted, since 2000
from $22,065 in 2000
US average: $52,703
1990 – 2024
Per capita income
$16,580
+13%since 2000
from $14,699 in 2000
US average: $27,286
Households earning $100K+
12.9%
−0.1 ptssince 2009
from 13.1% in 2009
US average: 33.3%
Poverty rate
34.9%
+14.8 ptssince 2000
from 20.1% in 2000
US average: 13.8%
Income inequality (Gini)
0.431
US average: 0.461
Workforce by industry, 2010
Agriculture, forestry, fishing15.7%
US avg: 1.9%
Manufacturing11.2%
US avg: 0.5%
Information8%
US avg: 11.5%
Wholesale trade6.2%
US avg: 7.2%
Construction4.4%
US avg: 1.4%
Retail trade2.1%
US avg: 10.9%
Finance & insurance2.1%
US avg: 5.1%
Arts, entertainment, food2.1%
US avg: 2.4%
Education & health services1.2%
US avg: 0.9%
Other services1.2%
US avg: 7%
Public administration1.2%
US avg: 4.9%
Professional, scientific, technical0.9%
US avg: 4.2%
Transportation & warehousing0%
US avg: 3.1%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$146,500
+85%inflation adjusted, since 2000
from $62,400 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$513
+24%inflation adjusted, since 2000
from $328 in 2000
US average: $853
Owner-occupied
29.9%
−27.2 ptssince 2000
from 57.1% in 2000
46.4% rent
Vacancy rate
34.7%
+0.9 ptssince 2009
from 33.8% in 2009
US average: 12.1%
Owner cost-burdened
37.9%
+2.6 ptssince 2009
from 35.3% in 2009
US average: 30.9%
Renter cost-burdened
52.5%
+2.5 ptssince 2009
from 50.0% in 2009
US average: 46.8%
Afford Score
5.5
+94%since 2000
from 2.8 in 2000
1990 – 2024
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)
2010
White, non-Hispanic94.4%(740)
Black0.1%(1)
Hispanic / Latino2.3%(18)
Asian0.3%(2)
Other4.7%(37)
Diversity Score17.1%(134)
Diversity Score
17
+192%since 2000
from 6 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
16.3%
−1.0 ptssince 2000
from 17.2% in 2000
US average: 27.9%
High school or higher
80.9%
−5.0 ptssince 2000
from 85.9% in 2000
US average: 84.9%
Graduate degree
2.3%
−3.1 ptssince 2000
from 5.5% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
17.2 min
+13%since 2000
from 15.2 min in 2000
US average: 25.2
Drive alone to work
83.5%
+3.6 ptssince 2009
from 79.9% in 2009
US average: 76.2%
Carpooled to work
3.0%
−3.0 ptssince 2009
from 6.0% in 2009
US average: 10.4%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 4.7%
Worked from home
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 4.1%
Walked to work
12.6%
+1.7 ptssince 2009
from 10.9% in 2009
US average: 2.8%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.5%
No vehicle available
7.8%
+1.0 ptssince 2009
from 6.8% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
17.5%
−1.4 ptssince 2009
from 18.9% in 2009
US average: 12.9%
Management & professional
52.1%
−17.2 ptssince 2009
from 69.3% in 2009
US average: 35.2%
Section 08

People & community

Male
45.1%
+5.7 ptssince 2009
from 39.5% in 2009
Female
54.9%
−5.7 ptssince 2009
from 60.5% in 2009
Foreign born
1.9%
−1.2 ptssince 2009
from 3.1% in 2009
US average: 12.8%
Veterans
11.3%
−28.1 ptssince 2009
from 39.4% in 2009
US average: 9.9%
Drill deeper

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Compare Wallace to nearby cities

WALLACE VS
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Income$72,338+170%
Home value$483,500+230%
Population58,179+6793%
SEE FULL COMPARISON →
WALLACE VS
Hayden
Income$82,958+210%
Home value$494,500+238%
Population17,363+1957%
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WALLACE VS
Rathdrum
Income$86,563+224%
Home value$444,100+203%
Population13,227+1467%
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WALLACE VS
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Income$82,183+207%
Home value$477,400+226%
Population46,715+5435%
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Frequently asked

How many people live in Wallace, Idaho?

Wallace, Idaho has about 784 residents according to the 2010 American Community Survey.

What is the median household income in Wallace, Idaho?

The typical household in Wallace, Idaho earns about $26,745 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 $146,500, and the typical rent is about $513 a month.

How educated are people in Wallace, Idaho?

About 16.3% 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 34.9% of people in Wallace, Idaho live below the federal poverty line.

Has Wallace, Idaho grown since 1990?

Yes, Wallace, Idaho has shrunk since 1990. The population has lost about 226 residents, a change of about -22 percent over that period.

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

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