Wallace, Indiana

US Census Bureau ACS 5-Year Estimates ยท 2022

IN

Wallace Demographics Overview

Total Population
149
ACS 2022 estimate
Median Household Income
$62,500
Annual household income
โ–ผ 16% vs US avg
Median Home Value
$86,300
Owner-occupied homes
โ–ผ 69% vs US avg
Median Gross Rent
N/A
Monthly rent (incl. utilities)
Median Age
23.7 years
Median age of residents
โ–ผ 39% vs US avg

Income & Economy

Median Household Income
$62,500
US avg: $74,580
vs. National Median-16.2%

Housing

Median Home Value
$86,300
US avg: $281,900
Median Gross Rent
N/A/mo
US avg: $1,163/mo
Rent vs. National AvgN/A

Population

Total Population149
Median Age
23.7 years
US avg: 38.9 yrs

Data Source

Data for Wallace comes from the US Census Bureau American Community Survey (ACS) 5-Year Estimates, covering the period 2018โ€“2022.

The ACS 5-Year estimates provide the most reliable demographic statistics available, especially for smaller communities, by pooling 5 years of survey data.

Learn more about the ACS โ†’

Wallace, IN โ€” Frequently Asked Questions

Common questions about Wallace demographics

What is the population of Wallace, Indiana?

According to the US Census Bureau ACS 5-Year Estimates (2022), the population of Wallace, Indiana is 149.

What is the median household income in Wallace?

The median household income in Wallace, Indiana is $62,500 per year, according to the 2022 ACS 5-Year Estimates. The US national median household income is approximately $74,580.

What is the cost of living in Wallace?

Key cost indicators for Wallace, Indiana:. Median home value: $86,300. Median household income: $62,500/year

What is the median home value in Wallace?

The median home value in Wallace, Indiana is $86,300, compared to the national median of approximately $281,900.

What is the average age in Wallace?

The median age in Wallace, Indiana is 23.7 years, compared to the US national median age of approximately 38.9 years.

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Wallace, IN Demographics - Population, Income & Housing (2022)