Wallace is a city located in Shoshone County, Idaho. Wallace has a 2025 population of 823 . It is also the county seat of Shoshone County . Wallace is currently declining at a rate of -0.6% annually but its population has increased by 4.18% since the most recent census, which recorded a population of 790 in 2020.
The median household income in Wallace is $50,526 with a poverty rate of 20.16%. The median age in Wallace is 40.7 years: 40.4 years for males, and 41.2 years for females. For every 100 females there are 139.3 males.
Data after 2023 is projected based on recent change
The racial composition of Wallace includes 91.93% White, and smaller percentages for Black or African American, other race, Asian, Native American and multiracial populations.
White (91.93%)
Two or more races (6.03%)
Black or African American (0.71%)
Other race (0.71%)
Asian (0.53%)
Native American (0.09%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 1,036 | 91.93% |
| Two or more races | 68 | 6.03% |
| Black or African American | 8 | 0.71% |
| Other race | 8 | 0.71% |
| Asian | 6 | 0.53% |
| Native American | 1 | 0.09% |
Married
Widowed
Divorced
Separated
Never Married
Wallace's average per capita income is $36,875. Household income levels show a median of $50,526. The poverty rate stands at 20.16%.
Name | Median | Mean |
|---|---|---|
| Married Families | $96,214 | - |
| Families | $84,286 | $91,634 |
| Households | $50,526 | $67,985 |
| Non Families | $24,722 | $40,007 |
Average Income
Median Household Income
Poverty Rate