United States › Nebraska › Wallace CITY
Wallace Nebraska · 299 residents (2025 est.) · 0.71 sq mi
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The short version
Wallace is a city of 266 people in Nebraska. The median age is 56.6, about 18 years above the US median. 82% of homes are owner-occupied. The typical home is worth $107,900, having more than doubled since 2000. Getting to work takes 16 minutes on average. Poverty is uncommon here, at 3.0% of locals.
At a glance
Lower income
below the US median
US median: $82,259
Older
median age 56.6
US median: 38.9
Average education
32% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01
Population & growth from 329 in 2000
299 in 2025 (Census Bureau estimate)
374 / sq mi
−27%since 2009
from 513 / sq mi in 2009
US average: 281
from 41.9 in 2000
US average: 38.9
Population, 1990 – 2024
221 271 321 371 421 1990 2000 2010 2020 2024 Wallace Age distribution, 2024
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Section 02
Income & economy $63,125
−6%inflation adjusted, since 2000
from $36,771 in 2000
US average: $82,259
from $22,033 in 2000
US average: $44,673
Households earning $100K+
from 20.7% in 2009
US average: 53.3%
from 9.5% in 2000
US average: 12.5%
from 0.323 in 2010
US average: 0.476
Workforce by industry, 2024
Agriculture, forestry, fishing 15.1%
Transportation & warehousing 5.7%
Professional, scientific, technical 5.7%
Public administration 2.8%
Education & health services 1.9%
Arts, entertainment, food 0%
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$107,900
+18%inflation adjusted, since 2000
from $50,300 in 2000
US average: $376,019
$732
−2%inflation adjusted, since 2000
from $408 in 2000
US average: $1,442
from 80.6% in 2000
17.8% rent
from 14.8% in 2009
US average: 10.0%
from 2.43 people in 2009
US average: 2.54
from 18.3% in 2009
US average: 22.9%
from 10.9% in 2009
US average: 47.4%
from 1.7 in 2009
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Our index, 0 to 100. Higher means faster recent growth in incomes, home values, and college degrees.
Section 04
Race & ethnicity 2000
White, non-Hispanic 99.1%(326)
2024
White, non-Hispanic 90.6%(241)
Hispanic / Latino 8.6%(23)
from 44 in 2009
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
Section 04 · Origins
Detailed origins & ancestry from 23.9% in 2000
US average: 35.6%
High school or higher
from 85.6% in 2000
US average: 89.6%
from 6.2% in 2000
US average: 14.0%
Section 06
Commute & transportation from 14.6 min in 2000
US average: 26.5
from 64.5% in 2009
US average: 68.9%
from 16.6% in 2009
US average: 8.5%
from 0.0% in 2009
US average: 3.2%
from 4.1% in 2009
US average: 15.0%
from 14.8% in 2009
US average: 2.4%
from 0.0% in 2009
US average: 0.4%
from 2.0% in 2009
US average: 8.3%
Section 07
Work & employment from 1.1% in 2011
US average: 5.2%
from 61.6% in 2011
US average: 63.5%
Women 20-64 in the labor force
from 71.0% in 2020
US average: 74.6%
from 15.2% in 2009
US average: 13.1%
from 39.8% in 2009
US average: 42.5%
Section 08
People & community from 18.6% in 2009
US average: 14.1%
from 9.8% in 2009
US average: 6.2%
from 8.4% in 2012
US average: 13.3%
from 15.8% in 2013
US average: 8.4%
from 66.4% in 2017
US average: 91.0%
Computer in household
from 85.8% in 2020
US average: 95.5%
from 83.5% in 2020
US average: 87.7%
from 79.8% in 2016
US average: 77.7%
from 20.2% in 2016
US average: 13.6%
Marital status
SHARE WITHIN EACH SEX · POPULATION 15 AND OVER · 2024
Section 09
Health coverage from 15.8% in 2013
US average: 8.4%
from 56.6% in 2020
US average: 54.8%
Direct-purchase
from 15.1% in 2020
US average: 13.8%
from 37.6% in 2020
US average: 18.4%
from 15.1% in 2020
US average: 20.9%
VA health care
from 7.9% in 2020
US average: 2.2%
Any private
from 72.4% in 2020
US average: 67.1%
Any public
from 51.3% in 2020
US average: 36.7%
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans Veterans by period of service, 2024
Gulf War (2001 or later) 8%(2)
Share of the 25 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
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Compare Wallace to nearby cities Frequently asked
How many people live in Wallace, Nebraska? Wallace, Nebraska has about 266 residents according to the 2024 American Community Survey.
What is the median household income in Wallace, Nebraska? The typical household in Wallace, Nebraska earns about $63,125 a year. Half of households make more than that, and half make less.
Is Wallace, Nebraska expensive? In Wallace, Nebraska, the median home is worth about $107,900, and the typical rent is about $732 a month.
How educated are people in Wallace, Nebraska? About 32.4% of adults age 25 and over in Wallace, Nebraska hold a bachelor's degree or higher.
What is the poverty rate in Wallace, Nebraska? About 3.0% of people in Wallace, Nebraska live below the federal poverty line.
Has Wallace, Nebraska grown since 1990? Yes, Wallace, Nebraska has shrunk since 1990. The population has lost about 44 residents, a change of about -14 percent over that period.
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