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CITY · 2010 ACS

Wallace

Indiana · 105 residents · 0.143 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 $14,583. Population has held roughly steady since 2000. 7% of adults hold a bachelor's degree or higher, below the national rate of 28%. Median home value is $27,000. With a median age of 45.5, the population is older than the US median of 37.2. Households here earn about 69% less than the Indiana median.

At a glance
Lower income
below the US median
US median: $52,703
Older
median age 45.5
US median: 37.2
Less educated
7% hold a bachelor's degree
US average: 28%
More affordable
home values down 53%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

105
+5%since 2000
from 100 in 2000
1990 – 2025
734 / sq mi
+5%since 2000
from 699 / sq mi in 2000
US average: 261
45.5
+42%since 2000
from 32.0 in 2000
US average: 37.2
Population, 19902024
64881131371611990201020202024Wallace
2024140
1990201020202024
Section 02

Income & economy

$14,583
−71%inflation adjusted, since 2000
from $39,583 in 2000
US average: $52,703
1990 – 2024
$17,110
+65%since 2000
from $10,386 in 2000
US average: $27,286
Households earning $100K+
18.5%
−8.8 ptssince 2009
from 27.3% in 2009
US average: 33.3%
19.0%
−4.4 ptssince 2000
from 23.4% in 2000
US average: 13.8%
0.479
US average: 0.461
Workforce by industry, 2010
Retail trade48%
US avg: 10.9%
Information20%
US avg: 11.5%
Arts, entertainment, food8%
US avg: 2.4%
Wholesale trade4%
US avg: 7.2%
Agriculture, forestry, fishing0%
US avg: 1.9%
Construction0%
US avg: 1.4%
Manufacturing0%
US avg: 0.5%
Transportation & warehousing0%
US avg: 3.1%
Finance & insurance0%
US avg: 5.1%
Professional, scientific, technical0%
US avg: 4.2%
Education & health services0%
US avg: 0.9%
Other services0%
US avg: 7%
Public administration0%
US avg: 4.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$27,000
−53%inflation adjusted, since 2000
from $45,700 in 2000
US average: $225,659
1990 – 2024
$420
−22%inflation adjusted, since 2000
from $425 in 2000
US average: $853
48.1%
−29.1 ptssince 2000
from 77.1% in 2000
19.2% rent
10.0%
+1.7 ptssince 2009
from 8.3% in 2009
US average: 12.1%
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 30.9%
0.0%
−23.8 ptssince 2009
from 23.8% in 2009
US average: 46.8%
1.9
+60%since 2000
from 1.2 in 2000
1990 – 2024
RELATED:See current rent listings in Wallace on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic100%(100)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other0%
Diversity Score0%(0)
2010
White, non-Hispanic100%(105)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other0%(0)
Diversity Score0%(0)
0
from 0 in 2000
1990 – 2024
Section 05

Education

7.1%
−4.1 ptssince 2000
from 11.3% in 2000
US average: 27.9%
High school or higher
67.9%
−1.5 ptssince 2000
from 69.4% in 2000
US average: 84.9%
7.1%
+7.1 ptssince 2000
from 0.0% in 2000
US average: 10.2%
Section 06

Commute & transportation

25.4 min
+55%since 2000
from 16.4 min in 2000
US average: 25.2
80.0%
−2.4 ptssince 2009
from 82.4% in 2009
US average: 76.2%
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 10.4%
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 4.7%
8.0%
+2.1 ptssince 2009
from 5.9% in 2009
US average: 4.1%
12.0%
+0.2 ptssince 2009
from 11.8% in 2009
US average: 2.8%
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.5%
33.3%
+33.3 ptssince 2009
from 0.0% in 2009
US average: 8.7%
Section 07

Work & employment

0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 12.9%
4.0%
−39.6 ptssince 2009
from 43.6% in 2009
US average: 35.2%
Section 08

People & community

44.8%
−8.3 ptssince 2009
from 53.2% in 2009
55.2%
+8.3 ptssince 2009
from 46.8% in 2009
20.7%
+15.6 ptssince 2009
from 5.1% in 2009
US average: 12.8%
12.2%
−43.8 ptssince 2009
from 56.0% in 2009
US average: 9.9%
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Frequently asked

How many people live in Wallace, Indiana?

Wallace, Indiana has about 105 residents according to the 2010 American Community Survey.

What is the median household income in Wallace, Indiana?

The typical household in Wallace, Indiana earns about $14,583 a year. Half of households make more than that, and half make less.

Is Wallace, Indiana expensive?

In Wallace, Indiana, the median home is worth about $27,000, and the typical rent is about $420 a month.

How educated are people in Wallace, Indiana?

About 7.1% of adults age 25 and over in Wallace, Indiana hold a bachelor's degree or higher.

What is the poverty rate in Wallace, Indiana?

About 19.0% of people in Wallace, Indiana live below the federal poverty line.

Has Wallace, Indiana grown since 1990?

Yes, Wallace, Indiana has grown since 1990. The population has added about 22 residents, a change of about 27 percent over that period.

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

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