All Countries
Wallace, NE
Full City Profile · Nebraska · Hayes County County
Wallace, NE
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 $55,625 , which is 26% below the national average of $75,149. Per capita income is $33,260. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 5.9% of residents live below the poverty line. The area is home to 38 business establishments, including 5 restaurants.
Housing & Cost of Living
The median home value in Wallace is $101,500 , 64% below the national median of $281,900. Zillow estimates the typical home at $119,771. Median rent is $725/month, with 35.8% of renters spending more than 30% of income on housing. The cost of living index is 90.1 (100 = national average). The median home was built in 1956.
Safety & Crime
Wallace reports 335 violent crimes per 100,000 residents , which is 12% below the national average of 380/100K. Property crime is 4,169/100K.
Education
32.9% of adults in Wallace hold a bachelor's degree or higher (2% below the national average). 89.2% have completed high school. Local schools score 5.3/10 in standardized testing.
Climate & Weather
Wallace has an average annual temperature of 49°F (10°C). Winters average 26°F in January while summers reach 75°F in July. The area gets 308 sunny days per year. Annual precipitation totals 21.4 inches. Air quality is rated Good with a median AQI of 32.