Wallace Flag

Wallace

County:
Fountain County
County Seat:
No
Area (mi²):
0.143
State:
Indiana

Wallace is a town located in Fountain County, Indiana. Wallace has a 2026 population of 81. Wallace is currently declining at a rate of 0% annually and its population has decreased by 0% since the most recent census, which recorded a population of 81 in 2020.

The median household income in Wallace is $75,500 with a poverty rate of 2.14%. The median age in Wallace is 24 years: 24.5 years for males, and 21.8 years for females. For every 100 females there are 164.2 males.

81
Total Population
567
Density (mi²)

Wallace Population

Wallace Population

Data after 2023 is projected based on recent change

Year ↓
Population
Growth
Annual Change
20268100%
20258100%
20248111.25%
20238000%
20228000%
202180-1-1.23%
20208100%
20198200%
201882-1-1.2%
201783-2-2.35%
20168500%
201585-1-1.16%
201486-1-1.15%
201387-1-1.14%
201288-1-1.12%
201189-16-15.24%
20108900%

Median Age

Overall: 24 years
Female: 21.8 years
Male: 24.5 years

Wallace Adults

There are 93 adults, (13 of whom are seniors) in Wallace.

Sex Ratio

Female: 53 (37.9%)
Male: 87 (62.1%)

Demographics

The racial composition of Wallace includes 100% White, and smaller percentages for and multiracial populations.

Population by Race

Race
Population ↓
Percentage (of total)
White140100%
Race
Population ↓
Percentage (of total)
White140100%

Wallace Marital Status

Economics and Income Statistics

Wallace 's average per capita income is $49,375. Household income levels show a median of $75,500. The poverty rate stands at 2.14%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.
Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.
Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.
Name
Median ↓
Mean
Married Families$137,917-
Families$106,250$117,186
Households$75,500$101,780
Non Families-$44,742

$49,375

Average Income

$75,500

Median Household Income

2.14%

Poverty Rate

Nearby Cities

Sources

  1. US Census State Population Estimates - Most recent state estimates from the Census Bureau's Population Estimates Program
  2. US Census County Population Estimates - Most recent county estimates from the Census Bureau's Population Estimates Program
  3. American Community Survey (2009 - 2013)
  4. Census QuickFacts
  5. Historical Populations of States and Counties (1790 - 1990)