All Countries
Wallace, IN
Full City Profile · Indiana · Parke County County
3.1
/5.0
B
Good
136
Population
971/sq mi density
$65,625
Median Income
$26,001 per capita
$92,500
Home Value
$141,057 Zillow
52°F
Avg Temperature
293 sunny days/yr
1,261
Violent Crime/100K
2,834 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$65,625 median income, 1.1% unemployment
A+
Affordability
5.0 / 5.0
$92,500 home value, /mo rent
F
Safety
1.0 / 5.0
1,261 violent crimes/100K (232% above avg)
C
Education
2.0 / 5.0
12.9% bachelor's degree or higher
Housing Overview
Median Home Value
$92,500
67% below
US avg: $281,900
Homeownership Rate
100.0%
53% above US avg (65.4%)
Total Housing Units
52
Median year built: 1938
Home Value by Source
Census Median
$92,500
Zillow (ZHVI)
$141,057
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
100.0%
Owner-Occupied
0.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Affordability & Housing Stock
Rent Burden
23.8%
of renters spending 30%+ of income on housing
23% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
100.0%
Complete Housing Data
Home Values
| Census Median Value | $92,500 |
| Zillow Home Value (ZHVI) | $141,057 |
Rent
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
Ownership & Stock
| Owner-Occupied | 100.0% |
| Renter-Occupied | 0.0% |
| Homeownership Rate | 100.0% |
| Total Housing Units | 52 |
| Median Year Built | 1938 |
| Rent Burden | 23.8% |