At a Glance
Median Income
$113,462
$38,539 per capita
Home Value
$562,500
Zillow: $548,813
Bachelor's Degree+
39.4%
94.6% high school+
Unemployment
5.5%
0.0% poverty rate
Obesity Rate
28.3%
14.2% smoking rate
How Wallace Compares to the U.S. Average
Each bar shows Wallace's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Wallace a Good Place to Live?
A
4.2 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Wallace residents earn a median household income of $113,462 , which is 51% above the national average of $75,149.
Per capita income is $38,539. The unemployment rate stands at 5.5% (53% above the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 1,514 business establishments, including 118 restaurants.
Housing & Cost of Living
The median home value in Wallace is $562,500 , 100% above the national median of $281,900.
Zillow estimates the typical home at $548,813. The cost of living index is 110.7 (100 = national average). The median home was built in 1999.
Education
39.4% of adults in Wallace hold a bachelor's degree or higher
(17% above the national average).
94.6% have completed high school. Local schools score 4.6/10 in standardized testing.
Climate & Weather
Wallace has an average annual temperature of 63°F (17°C).
Winters average 48°F in January while summers reach 79°F in July. Annual precipitation totals 22.9 inches. Air quality is rated Good with a median AQI of 42.
Data Overview
People
Population743
Median Age40.4 yrs
Density162/mi²
Male / Female65% / 35%
Foreign Born1.6%
Veterans3.0%
Economy
A+
Median Income$113,462
Per Capita$38,539
Unemployment5.5%
Poverty0.0%
County GDP$2,074M
Avg Weekly Wage$1,112
Housing
B+
Home Value$562,500
Rent
Ownership67.6%
Zillow$548,813
Housing Units189
Rent Burden33.4%
Health
Obesity28.3%
Diabetes8.7%
Smoking14.2%
Heart Disease5.5%
Premature Death7,926/100K
Climate
Avg Temp63°F
Rain22.9 in/yr
AQI42 (Good)
Elevation323 ft
Education
A
Bachelor's+39.4%
High School+94.6%
Graduate+3.4%
School Score4.6/10
Community
2024 VoteR 63% / D 35%
Commute61 min
Broadband70.2%
Internet Speed34 Mbps
EV Stations2
Libraries9
Did You Know?
The median home in Wallace was built in 1999.
33.2% work from home.
The nearest airport is Sacramento International (48 miles).
The Gini coefficient (income inequality) is 0.428 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
5.1% of the population has a disability.
There are 118 restaurants in the area.
The county recorded 16 fatal vehicle crashes.
91 declared natural disasters on record.