Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.6 yrs |
|---|---|
| Avg HH Size | 1.96 |
| Below Poverty | 9.0% ▼ 10% below avg |
| College Grads | 35.7% ▼ 8% below avg |
| No HS Diploma | 6 (1.7%) |
| HS Graduate | 98 (28%) |
| Some College | 12 (3.4%) |
| Associates | 109 (31.1%) |
| Bachelors | 39 (11.1%) |
| Graduate Degree | 86 (24.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $39,792 ▼ 48% below avg |
|---|---|
| Median Home Value | $111,100 ▼ 60% below avg |
| Home/Income Ratio | 2.8x (nat avg ~3.5x) |
| Median Rent | $532/mo |
| Total Housing Units | 286 |
| Vacant Units | 49 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Wallace is a city in Nebraska, located in Lincoln County. The city spans 1 ZIP code and is home to approximately 465 residents. It is a mature city, with a median age of 45.6 years.
Economically, Wallace is a lower-income community. The median household income of $39,792 is below the national average. Approximately 9.0% of residents live below the poverty line.
The real estate market in Wallace is one of the more affordable housing markets in the country. Median home values stand at $111,100, which is well below the national average. Renters typically pay around $532 per month.
The population of Wallace is moderately educated. 35.7% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (90.97%).
Wallace, NE offers residents a cost-conscious lifestyle within Nebraska.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 69169 | 465 | $39,792 | $111,100 | $532 | 0.0% | 35.7% | 59.1% |