At a Glance
Median Income
$50,526
$28,175 per capita
Home Value
$219,200
Zillow: $263,533
Median Rent
$731/mo
25.7% of income on rent
Bachelor's Degree+
18.7%
93.2% high school+
Unemployment
5.6%
12.8% poverty rate
Obesity Rate
35.6%
15.8% 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?
B
3.3 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
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 5.6% (56% above 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 $263,533. 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.
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. Annual precipitation totals 37.2 inches. Air quality is rated Good with a median AQI of 46.
Data Overview
People
Population1,127
Median Age40.7 yrs
Density1,238/mi²
Male / Female58% / 42%
Foreign Born2.8%
Veterans11.2%
Economy
B
Median Income$50,526
Per Capita$28,175
Unemployment5.6%
Poverty12.8%
County GDP$955M
Avg Weekly Wage$1,034
Housing
A
Home Value$219,200
Rent$731
Ownership52.6%
Zillow$263,533
Housing Units651
Rent Burden25.7%
Health
Obesity35.6%
Diabetes10.0%
Smoking15.8%
Heart Disease6.1%
Premature Death11,528/100K
Climate
Avg Temp46°F
Rain37.2 in/yr
AQI46 (Good)
Elevation2,854 ft
Education
C
Bachelor's+18.7%
High School+93.2%
Graduate+6.4%
School Score5.1/10
Community
2024 VoteR 73% / D 24%
Commute19 min
Broadband90.5%
Internet Speed31 Mbps
EV Stations1
Libraries6
Did You Know?
Wallace was founded in 1884.
The median home in Wallace was built in 1938.
The nearest airport is Pullman/Moscow Regional (75 miles).
The Gini coefficient (income inequality) is 0.423 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
26.9% of the population has a disability.
The county recorded 2 fatal vehicle crashes.