Wallace, ID

Wallace, ID

At a Glance

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)

Is Wallace a Good Place to Live?

Economy & Jobs

Wallace residents earn a median household income of $50,526 , which is 33% below the national average of $75,149. Per capita income is $28,175. The unemployment rate stands at 3.0% (17% below the U.S. rate of 3.6%). 12.8% of residents live below the poverty line. The area is home to 502 business establishments, including 54 restaurants.

Housing & Cost of Living

The median home value in Wallace is $219,200 , 22% below the national median of $281,900. Zillow estimates the typical home at $247,527. Median rent is $731/month, with 25.7% of renters spending more than 30% of income on housing. The cost of living index is 95.5 (100 = national average). The median home was built in 1938.

Safety & Crime

Wallace reports 259 violent crimes per 100,000 residents , which is 32% below the national average of 380/100K. Property crime is 2,526/100K.

Education

18.7% of adults in Wallace hold a bachelor's degree or higher (45% below the national average). 93.2% have completed high school. Local schools score 5.1/10 in standardized testing.

Climate & Weather

Wallace has an average annual temperature of 46°F (8°C). Winters average 29°F in January while summers reach 66°F in July. The area gets 249 sunny days per year. Annual precipitation totals 37.2 inches. Air quality is rated Good with a median AQI of 33.

Data Overview

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