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Wallace, NE

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

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Community Insights

Veteran Community
11% of residents
top 9% nationally
Highly Educated
27% hold a bachelor's degree
top 14% nationally
Leading Industries
Arts, Food & Hospitality · Public Administration
8% arts, food & hospitality
Home Value Growth
+10.5% over 2 years
Retirees
26% of residents
above average nationally
Homeowners
86% of occupied units

People & Demographics

Total Population315
Households
Under 18
20.0%
Age 18–34
20.0%
Age 35–64
34.0%
Age 65+
26.0%
Veterans
11.0%
Active Duty
0.0%

Housing & Living

Median Home Value$279,300
Median Gross Rent$813/mo
Owner Occupied
86.3%
Renter Occupied
13.7%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$91,053
Poverty Rate

Key Industries

Healthcare10.0%
Professional Services1.0%
Manufacturing0.0%
Retail3.0%
Education1.0%

Amenities & Transit

Transit Score70 / 100
Walkability / Amenities33 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
27.0%
Master's or Higher
10.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of Wallace?

The total population of Wallace is approximately 315. 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 33/100 and a transit score of 70/100. 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 86% of housing units being owner-occupied and 14% being renter-occupied.

What is the education level of residents in Wallace?

In Wallace, approximately 27% of adult residents hold a bachelor's degree or higher. Additionally, 10% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.