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
Housing Overview
Median Home Value
$101,500
64% below
US avg: $281,900
Median Rent
$725/mo
38% below
US avg: $1,163/mo
Homeownership Rate
79.1%
21% above US avg (65.4%)
Total Housing Units
144
Median year built: 1956
Home Value by Source
Census Median
$101,500
Zillow (ZHVI)
$119,771
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
79.1%
Owner-Occupied
20.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$706/mo
1 Bedroom
$791/mo
2 Bedroom
$1,001/mo
3 Bedroom
$1,274/mo
4 Bedroom
$1,409/mo
Census median rent:
$725/mo
Affordability & Housing Stock
Rent Burden
35.8%
of renters spending 30%+ of income on housing
15% above US avg (31.0%)
Median Year Built
1956
Average age of housing stock: 70 years
Homeownership Rate
79.1%
Complete Housing Data
Home Values
| Census Median Value | $101,500 |
| Zillow Home Value (ZHVI) | $119,771 |
Rent
| Census Median Rent | $725 |
| FMR Studio | $706 |
| FMR 1-Bedroom | $791 |
| FMR 2-Bedroom | $1,001 |
| FMR 3-Bedroom | $1,274 |
| FMR 4-Bedroom | $1,409 |
Market
Ownership & Stock
| Owner-Occupied | 79.1% |
| Renter-Occupied | 20.9% |
| Homeownership Rate | 79.1% |
| Total Housing Units | 144 |
| Median Year Built | 1956 |
| Rent Burden | 35.8% |
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