Home Value
$58,100
79% lower than US avg
Bachelor's+
5.2%
85% lower than US avg
Obesity Rate
41.8%
30% higher than US avg
Unemployment
0.0%
100% lower than US avg
Poverty Rate
32.0%
158% higher than US avg
How Wallace Compares to the U.S. Average (100% = U.S. avg)
People
Population251
Median Age60.6 yrs
Density177/mi²
Male / Female51% / 49%
Largest GroupWhite 69%
Veterans32.4%
Economy
Median IncomeN/A
Per Capita$33,970
Unemployment0.0%
Poverty32.0%
County GDP$6,048M
Commute56 min
Housing
Home Value$58,100
RentN/A
OwnershipN/A
Zillow$86,485
Health
Obesity41.8%
UninsuredN/A
Depression30.5%
Heart Disease7.2%
Climate
Avg Temp53°F
AQI39 (Good)
Rain48.2 in/yr
Elevation1,224 ft
Education
F
Bachelor's+5.2%
High School+84.3%
School Score4.81
Community
2024 VoteR 69% / D 28%
Commute56 min
Broadband86.0%
Libraries5
Is Wallace a Good Place to Live?
Based on current data, Wallace receives an overall livability score of 1.4 out of 5.0, earning a grade of F. Key strengths include low unemployment, affordable housing, high health insurance coverage. Areas to be aware of include an elevated poverty rate, long commute times, high obesity rates. Wallace faces significant challenges across several quality-of-life categories.
Economy & Jobs
The job market is very strong with unemployment at just 0.0%. The poverty rate of 32.0% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 56 minutes, longer than the typical American commute of 28 minutes.
Cost of Living & Housing
The median home value in Wallace is $58,100, 79% below the national median — offering relatively affordable homeownership.
Education
5.2% of residents hold a bachelor's degree, below the national average of 33.7%. 84.3% have completed high school. Area schools have an average test score of 4.8/10.
Climate & Weather
Wallace experiences four distinct seasons with an average temperature of 53°F. Winters average 31°F in January while summers reach 74°F in July. Annual precipitation totals 48.2 inches, including 23.8 inches of snow. Air quality is rated Good with a median AQI of 39.
Wallace has a population of 251 with a density of 177 people per square mile. The median age is 60.6 years, 56% older than the national median of 38.9. The city is predominantly White (69.3%), with 5.2% Hispanic, 2% Black.
Population
60.6yrs
Median Age
56% above US avg
Language Spoken at Home
| English Only | 86.7% |
| 10% above US avg |
| Spanish | 13.3% |
| 1% below US avg |
The median household income in Wallace is N/A. The unemployment rate is 0.0% (below the 3.6% US average). 32.0% of residents live below the poverty line. Workers commute an average of 56 minutes.
Income
| |
| Per Capita Income | $33,970 |
| Avg Weekly Wage | $1,236 |
| IRS Avg AGI | $71,392 |
Employment & Poverty
| Unemployment | 0.0% |
| 100% below US avg |
| Poverty Rate | 32.0% |
| 158% above US avg |
| Establishments (County) | 2,482 |
| County GDP | $6,048M |
Business (County)
| Restaurants | 170 |
| Healthcare | 228 |
| Retail | 269 |
| Manufacturing | 44 |
Tax & Cost of Living
| Property Tax (IRS) | $2,964 |
| 15% below US avg |
| Effective Tax Rate | 5.10% |
Commute & Transportation
| Commute Time | 56.3 min |
| Drive Alone | 92.4% |
| Public Transit | 0.0% |
| Work from Home | 0.0% |
The median home value in Wallace is $58,100, 79% below the national average. Zillow estimates the typical home value at $86,485.
Home Values
| Census Median | $58,100 |
| 79% below US avg |
| Zillow ZHVI | $86,485 |
Real Estate Market (Redfin)
Rental Costs
HUD Fair Market Rent
| Studio | $714 |
| 1 Bedroom | $766 |
| 2 Bedrooms | $945 |
| 3 Bedrooms | $1,231 |
| 4 Bedrooms | $1,380 |
Ownership & Property
Property Tax
| Avg Tax (IRS) | $2,964 |
| 15% below US avg |
| Effective Rate | 5.10% |
In Wallace, 41.8% of adults are obese (above the 32.1% national rate). 30.5% report depression. 32.3% are physically inactive.
Health Metrics: Wallace vs U.S. Average (%)
Chronic Conditions
| Obesity | 41.8% |
| 30% above US avg |
| Diabetes | 13.9% |
| Heart Disease | 7.2% |
| High Blood Pressure | 39.3% |
| Asthma | 12.6% |
| COPD | 9.9% |
| Stroke | 3.7% |
Behaviors & Mental Health
| |
| Binge Drinking | 15.5% |
| Physical Inactivity | 32.3% |
| Depression | 30.5% |
| Mental Distress | 23.5% |
| Physical Distress | 17.0% |
Healthcare Access
| Insurance Rate | 98.3% |
| |
| Checkup Rate | 77.6% |
| Premature Death | 11,897/100K |
Food & Exercise
| Food Environment | 8.3/10 |
| Exercise Access | 75.8% |
| Healthcare Facilities | 228 |
Crime Rates: Wallace vs U.S. Average (per 100,000)
Traffic Safety
| Fatal Crashes (County/yr) | 8 |
Safety Score
Wallace has an average annual temperature of 53°F (12°C). Winters average 31°F in January while summers reach 74°F in July. Annual precipitation is 48.2 inches. Air quality is rated Good with a median AQI of 39.
Temperature
31°F Jan (-1°C)
74°F Jul (23°C)
| Annual Average | 52.8°F |
| 2% below US avg |
| January Average | 31°F (-1°C) |
| July Average | 74°F (23°C) |
Precipitation & Snow
| Annual Rainfall | 48.2 inches |
| 27% above US avg |
| Snowfall | 23.8 inches/yr |
Air Quality
| AQI Median | 39.0 |
| Rating | Good |
Geography
| Elevation | 1,224 ft (373 m) |
| Area | 1.4 sq mi (3.7 km²) |
| Population Density | 177/sq mi |
| Coordinates | 39.4072°N, 80.4911°W |
| County FIPS | 54033 |