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CITY · 2010 ACS

Wallace

Nebraska · 366 residents · 0.711 sq mi
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The short version

Wallace has lower-than-average household income, with a median household income of $43,125. Population has held roughly steady since 2000. Median home value is $70,300. Poverty is rare here, at 6.2% of residents.

At a glance
Lower income
below the US median
US median: $52,703
Mid-age
median age 35.8
US median: 37.2
Average education
25% hold a bachelor's degree
US average: 28%
Stable housing
home values roughly flat, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
366
+11%since 2000
from 329 in 2000
1990 – 2025
Population density
515 / sq mi
+11%since 2000
from 463 / sq mi in 2000
US average: 261
Median age
35.8
−15%since 2000
from 41.9 in 2000
US average: 37.2
Population, 1990 – 2024
2212713213714211990201020202024Wallace
2024266
1990201020202024
Section 02

Income & economy

Median household income
$43,125
−7%inflation adjusted, since 2000
from $36,771 in 2000
US average: $52,703
1990 – 2024
Per capita income
$20,339
−8%since 2000
from $22,033 in 2000
US average: $27,286
Households earning $100K+
21.4%
+0.8 ptssince 2009
from 20.7% in 2009
US average: 33.3%
Poverty rate
6.2%
−3.3 ptssince 2000
from 9.5% in 2000
US average: 13.8%
Income inequality (Gini)
0.323
US average: 0.461
Workforce by industry, 2010
Agriculture, forestry, fishing16.9%
US avg: 1.9%
Construction16.9%
US avg: 1.4%
Wholesale trade10.6%
US avg: 7.2%
Finance & insurance9.7%
US avg: 5.1%
Information7.7%
US avg: 11.5%
Other services7.7%
US avg: 7%
Education & health services6.8%
US avg: 0.9%
Retail trade5.8%
US avg: 10.9%
Arts, entertainment, food4.8%
US avg: 2.4%
Public administration3.4%
US avg: 4.9%
Transportation & warehousing2.9%
US avg: 3.1%
Professional, scientific, technical2.9%
US avg: 4.2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$70,300
+10%inflation adjusted, since 2000
from $50,300 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$623
+21%inflation adjusted, since 2000
from $408 in 2000
US average: $853
Owner-occupied
37.1%
−43.5 ptssince 2000
from 80.6% in 2000
31.4% rent
Vacancy rate
13.0%
−1.8 ptssince 2009
from 14.8% in 2009
US average: 12.1%
Owner cost-burdened
13.5%
−4.8 ptssince 2009
from 18.3% in 2009
US average: 30.9%
Renter cost-burdened
8.8%
−2.1 ptssince 2009
from 10.9% in 2009
US average: 46.8%
Afford Score
1.6
+19%since 2000
from 1.4 in 2000
1990 – 2024
RELATED:See current rent listings in Wallace on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic99.1%(326)
Black0%(0)
Hispanic / Latino0.6%(2)
Asian0%(0)
Other0%
Diversity Score1.5%(5)
2010
White, non-Hispanic80.3%(294)
Black0%(0)
Hispanic / Latino17.2%(63)
Asian0.5%(2)
Other0.2%(1)
Diversity Score37.7%(138)
Diversity Score
38
+2390%since 2000
from 2 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
25.0%
+1.1 ptssince 2000
from 23.9% in 2000
US average: 27.9%
High school or higher
90.2%
+4.6 ptssince 2000
from 85.6% in 2000
US average: 84.9%
Graduate degree
4.2%
−2.0 ptssince 2000
from 6.2% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
15.8 min
+9%since 2000
from 14.6 min in 2000
US average: 25.2
Drive alone to work
66.7%
+2.2 ptssince 2009
from 64.5% in 2009
US average: 76.2%
Carpooled to work
15.7%
−0.9 ptssince 2009
from 16.6% in 2009
US average: 10.4%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 4.7%
Worked from home
3.9%
−0.2 ptssince 2009
from 4.1% in 2009
US average: 4.1%
Walked to work
13.7%
−1.1 ptssince 2009
from 14.8% 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
1.2%
−0.8 ptssince 2009
from 2.0% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
19.3%
+4.1 ptssince 2009
from 15.2% in 2009
US average: 12.9%
Management & professional
39.6%
−15.4 ptssince 2009
from 55.0% in 2009
US average: 35.2%
Section 08

People & community

Male
54.7%
+0.7 ptssince 2009
from 54.0% in 2009
Female
45.3%
−0.7 ptssince 2009
from 46.0% in 2009
Foreign born
15.9%
−2.7 ptssince 2009
from 18.6% in 2009
US average: 12.8%
Veterans
10.5%
−48.2 ptssince 2009
from 58.8% in 2009
US average: 9.9%
Drill deeper

Places similar to Wallace

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Pop 320
Caryville
Pop 323
Bowers
Pop 290
Garfield
Pop 249
Places similar to Wallace
Head to head

Compare Wallace to nearby cities

WALLACE VS
North Platte
Income$58,097+35%
Home value$169,100+141%
Population22,524+7433%
SEE FULL COMPARISON →
WALLACE VS
Lexington
Income$67,666+57%
Home value$159,100+126%
Population11,176+3638%
SEE FULL COMPARISON →
WALLACE VS
Hays
Income$58,459+36%
Home value$225,500+221%
Population21,258+7010%
SEE FULL COMPARISON →
Frequently asked

How many people live in Wallace, Nebraska?

Wallace, Nebraska has about 366 residents according to the 2010 American Community Survey.

What is the median household income in Wallace, Nebraska?

The typical household in Wallace, Nebraska earns about $43,125 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 $70,300, and the typical rent is about $623 a month.

How educated are people in Wallace, Nebraska?

About 25.0% 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 6.2% of people in Wallace, Nebraska live below the federal poverty line.

Has Wallace, Nebraska grown since 1990?

Yes, Wallace, Nebraska has grown since 1990. The population has added about 56 residents, a change of about 18 percent over that period.

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

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