Wallace is a village located in Lincoln County, Nebraska. Wallace has a 2026 population of 290. Wallace is currently declining at a rate of -1.36% annually and its population has decreased by -8.52% since the most recent census, which recorded a population of 317 in 2020.
The median household income in Wallace is $63,125 with a poverty rate of 3.01%. The median age in Wallace is 56.6 years: 55.5 years for males, and 58 years for females. For every 100 females there are 98.5 males.
Data after 2023 is projected based on recent change
Overall: 56.6 years
Female: 58 years
Male: 55.5 years
There are 222 adults, (100 of whom are seniors) in Wallace.
Female: 134 (50.4%)
Male: 132 (49.6%)
The racial composition of Wallace includes 90.6% White, 3.38% other race, and smaller percentages for and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 241 | 90.6% |
| Two or more races | 16 | 6.02% |
| Other race | 9 | 3.38% |
Wallace 's average per capita income is $34,375. Household income levels show a median of $63,125. The poverty rate stands at 3.01%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $69,792 | - |
| Families | $67,708 | $70,823 |
| Households | $63,125 | $71,169 |
| Non Families | $62,813 | $72,139 |
Average Income
Median Household Income
Poverty Rate