Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.6 yrs |
|---|---|
| Avg HH Size | 2.39 |
| Below Poverty | 18.8% ▲ 88% above avg |
| College Grads | 23.5% ▼ 39% below avg |
| Unemployment | 4.0% ▼ 19% below avg |
| No HS Diploma | 10 (0.9%) |
| HS Graduate | 432 (37.2%) |
| Some College | 225 (19.4%) |
| Associates | 222 (19.1%) |
| Bachelors | 109 (9.4%) |
| Graduate Degree | 164 (14.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $41,838 ▼ 45% below avg |
|---|---|
| Median Home Value | $249,800 ▼ 10% below avg |
| Home/Income Ratio | 6.0x (nat avg ~3.5x) |
| Median Rent | $660/mo |
| Total Housing Units | 1,154 |
| Vacant Units | 442 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Wallace is a city in Idaho, located in Shoshone County. The city spans 1 ZIP code and is home to approximately 1,729 residents. It is a mature city, with a median age of 46.6 years.
Economically, Wallace is a working-class community. The median household income of $41,838 is below the national average. Approximately 18.8% of residents live below the poverty line. The unemployment rate is 4.0%, below the national average.
The real estate market in Wallace is an affordable housing market. Median home values stand at $249,800, which is near the national average. Renters typically pay around $660 per month. Homeownership is high at 67.0%, typical of suburban and family-oriented communities.
The population of Wallace is less-educated. 23.5% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (91.9%).
Wallace, ID offers residents a cost-conscious lifestyle within Idaho.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 83873 | 1,729 | $41,838 | $249,800 | $660 | 4.0% | 23.5% | 67.0% |