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Wallace, IN

Comprehensive demographics, housing data, local amenities, and economic statistics for Wallace.

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Community Insights

Affordable Market
$130k median home
lower cost than 81% of the country
Leading Industries
Retail · Public Administration · Wholesale Trade
19% retail
Home Value Growth⬆⬆⬆
+44.2% over 2 years
Retirees
24% of residents
slightly above average
Homeowners
71% of occupied units

People & Demographics

Total Population74
Households—
Under 18
19.0%
Age 18–34
20.0%
Age 35–64
37.0%
Age 65+
24.0%
Veterans
8.0%
Active Duty
0.0%

Housing & Living

Median Home Value$130,000
Median Gross Rent$845/mo
Owner Occupied
71.4%
Renter Occupied
28.6%
Detached Homes
—
Built Pre-1940
—

Economy & Income

Median Household Income$57,799
Poverty Rate—

Key Industries

Healthcare9.0%
Professional Services1.0%
Manufacturing0.0%
Retail19.0%
Education0.0%

Amenities & Transit

Transit Score77 / 100
Walkability / Amenities39 / 100
Commute < 15m
—
Commute 60m+
—

Education

High School Grad
—
Bachelor's Degree
9.0%
Master's or Higher
6.0%
School Enrollment
—

Frequently Asked Questions

What is the population and demographic makeup of Wallace?›

The total population of Wallace is approximately 74. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Wallace walkable and transit-friendly?›

Based on local geographic data, Wallace has an amenity and walkability score of 39/100 and a transit score of 77/100. This indicates the area is mostly car-dependent for daily errands and commuting.

Do more people rent or own homes in Wallace?›

The housing market in Wallace is predominantly driven by homeowners, with 71% of housing units being owner-occupied and 29% being renter-occupied.

What is the education level of residents in Wallace?›

In Wallace, approximately 9% of adult residents hold a bachelor's degree or higher. Additionally, 6% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.