Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 28.7 yrs |
|---|---|
| Avg HH Size | 3.93 |
| Below Poverty | 0.9% ▼ 91% below avg |
| College Grads | 50.8% ▲ 31% above avg |
| No HS Diploma | 2 (1.7%) |
| HS Graduate | 13 (10.8%) |
| Some College | 8 (6.7%) |
| Associates | 36 (30%) |
| Bachelors | 22 (18.3%) |
| Graduate Degree | 39 (32.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $68,889 ▼ 10% below avg |
|---|---|
| Median Home Value | $83,100 ▼ 70% below avg |
| Home/Income Ratio | 1.2x (nat avg ~3.5x) |
| Median Rent | $589/mo |
| Total Housing Units | 93 |
| Vacant Units | 37 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Wallace is a city in South Dakota, located in Codington County. The city spans 1 ZIP code and is home to approximately 220 residents. It is a young city, with a median age of 28.7 years.
Economically, Wallace is a solidly middle-class community. The median household income of $68,889 is near the national average. Approximately 0.9% 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 $83,100, which is well below the national average. Renters typically pay around $589 per month.
The population of Wallace is well-educated. 50.8% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (98.64%).
Wallace, SD offers residents a cost-conscious lifestyle within South Dakota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 57272 | 220 | $68,889 | $83,100 | $589 | 0.0% | 50.8% | 51.8% |