Is Wallace No. 243 a Good Place to Live?
Based on current data, Wallace No. 243 receives an overall livability score of 3.6 out of 5.0, earning a grade of B+. Key strengths include above-average household incomes, abundant sunshine, strong internet connectivity. Wallace No. 243 offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Wallace No. 243 is $86,000, 14% above the national average of $75,149. Residents generally enjoy above-average earning potential. Unemployment stands at 4.2%, indicating a healthy job market. 8.8% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 24 minutes.
Cost of Living & Housing
The median home value in Wallace No. 243 is $286,000, roughly aligned with the national median of $281,900. Renters pay a median of $416 per month, below the national average — a plus for affordability. A price-to-income ratio of 3.3x indicates a reasonably affordable housing market.
Education
11.0% of residents hold a bachelor's degree, below the national average of 33.7%. 40.7% have completed high school.
Climate & Weather
Wallace No. 243 has a cool climate with an average annual temperature of 35°F. Winters average -1°F in January while summers reach 64°F in July. With 302 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 18.6 inches. Air quality is rated Good with a median AQI of 27.