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Wallace, NE
Full City Profile · Nebraska · Hayes County County
3.4
/5.0
B
Good
272
Population
383/sq mi density
$55,625
Median Income
$33,260 per capita
$101,500
Home Value
$119,771 Zillow
$725
Median Rent
35.8% income on rent
49°F
Avg Temperature
308 sunny days/yr
335
Violent Crime/100K
4,169 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$55,625 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$101,500 home value, $725/mo rent
F
Safety
1.0 / 5.0
335 violent crimes/100K
B+
Education
3.6 / 5.0
32.9% bachelor's degree or higher
Wallace experiences four distinct seasons with an average annual temperature of 49°F (9°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. The area receives 22.0 inches of snow annually. Air quality is rated Good with a median AQI of 32.
Temperature
26°F Jan (-3°C)
75°F Jul (24°C)
| Annual Average | 49.3°F |
| 9% below US avg | |
| January Average | 26°F (-3°C) |
| July Average | 75°F (24°C) |
| Sunny Days | 308 days/yr |
Geography
| Elevation | 3,111 ft (948 m) |
| Area | 0.7 sq mi (1.8 km²) |
| Population Density | 383/sq mi |
| Coordinates | 40.8376°N, 101.1645°W |
| Timezone | America/Chicago |
| County | Hayes County County |
| Nearest Airport | North Platte Regional/Lee Bird Field (LBF) 32 miles away |
Precipitation & Snow
Air Quality
| AQI Median | 32.0 |
| Rating | Good |
Natural Hazard Risk
| Overall Risk | Very Low |
| Risk Score | 1.2 / 100 |
| Social Vulnerability | 19.3 / 100 |
| Community Resilience | 7.5 / 100 |
Hazard Breakdown
| Tornado | Very Low |
| Earthquake | Very Low |
| Wildfire | Very Low |
| Flood | Very Low |
| Hail | Relatively Low |
| Strong Wind | Relatively Low |
| Heat Wave | Very Low |
| Winter Weather | Very Low |
| Lightning | Very Low |
| Ice Storm | Very Low |
| Drought | Relatively Low |
| Cold Wave | Very Low |
| Landslide | Very Low |
Source: FEMA National Risk Index v1.20 (Dec 2025)
Monthly Weather
| Month | Avg Temperature | Precipitation | Summary |
|---|---|---|---|
| January | 26°F (-3°C) | 0.4 in | Coldest, Driest |
| February | 30°F (-1°C) | 0.4 in | |
| March | 38°F (3°C) | 1.1 in | |
| April | 48°F (9°C) | 1.7 in | |
| May | 58°F (15°C) | 3.2 in | Wettest |
| June | 69°F (20°C) | 3.2 in | |
| July | 75°F (24°C) | 2.8 in | Warmest |
| August | 73°F (23°C) | 2.0 in | |
| September | 63°F (17°C) | 1.5 in | |
| October | 51°F (10°C) | 0.9 in | |
| November | 36°F (2°C) | 0.6 in | |
| December | 27°F (-3°C) | 0.4 in |
Wallace has a seasonal temperature swing of 48°F / from 26°F in January to 75°F in July. Total annual precipitation is 18.3 inches, with May being the wettest month (3.2") and January the driest (0.4").