Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 55.7 yrs |
|---|---|
| Avg HH Size | 2.23 |
| Below Poverty | 9.5% ≈ Avg |
| College Grads | 42.0% ▲ 8% above avg |
| Unemployment | 2.9% ▼ 42% below avg |
| HS Graduate | 32 (18.4%) |
| Some College | 7 (4%) |
| Associates | 62 (35.6%) |
| Bachelors | 21 (12.1%) |
| Graduate Degree | 52 (29.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $86,563 ▲ 13% above avg |
|---|---|
| Median Home Value | $75,000 ▼ 73% below avg |
| Home/Income Ratio | 0.9x (nat avg ~3.5x) |
| Total Housing Units | 138 |
| Vacant Units | 39 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Wallace is a city in Kansas, located in Wallace County. The city spans 1 ZIP code and is home to approximately 221 residents. It is an older city, with a median age of 55.7 years.
Economically, Wallace is a middle-income community. The median household income of $86,563 is near the national average. Approximately 9.5% of residents live below the poverty line. The unemployment rate is 2.9%, below the national average.
The real estate market in Wallace is one of the more affordable housing markets in the country. Median home values stand at $75,000, which is well below the national average. Homeownership is high at 86.9%, typical of suburban and family-oriented communities.
The population of Wallace is well-educated. 42.0% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (87.33%).
Wallace, KS offers residents above-average earning potential within Kansas.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 67761 | 221 | $86,563 | $75,000 | — | 2.9% | 42.0% | 86.9% |