Wallace is a city located in Lincoln County Nebraska. With a 2023 population of 303, it is the 263rd largest city in Nebraska and the 21929th largest city in the United States.Wallace is currently declining at a rate of -1.62% annually and its population has decreased by -4.72% since the most recent census, which recorded a population of 318 in 2020. Spanning over 1 miles, Wallace has a population density of 426 people per square mile.
The average household income in Wallace is $62,491 with a poverty rate of 2.09%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Wallace is 46.5 years, 41.5 years for males, and 55 years for females.
According to the most recent ACS, the racial composition of Wallace was:
White
Other race
Two or more races
Native Hawaiian or Pacific Islander
Asian
Black or African American
Native American
2.77
Average Family Size
2.33
Average Household Size
73.3%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Less Than 9th Grade
9th to 12th Grade
High School Graduate
Some College
Associates Degree
Bachelors Degree
Graduate Degree
High School Graduation Rate
Bachelors Rate
The highest rate of high school graduation is among 2+ races people with a rate of 100%.
The highest rate of bachelors degrees is among white people with a rate of 38.42%.
All
Male
Female
$30,769
Average Earnings
$28,750
Average Male
$30,909
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
86.52% of Wallace residents speak only English, while 13.48% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 12.73% of the population.
rate
2.09%
Overall Poverty Rate
0.84%
Male Poverty Rate
2.53%
Female Poverty Rate
The race most likely to be in poverty in Wallace is Hispanic, with 12.5% below the poverty level.
The race least likely to be in poverty in Wallace is White, with 0.49% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 0%. Among those working part-time, it was 0%, and for those that did not work, the poverty rate was 4.76%.
rate
rate
Households
Families
MarriedFamilies
NonFamilies
mean
median
Married
Widowed
Divorced
Separated
NeverMarried
70.7%
Overall Marriage Rate
76.5%
Male Marriage Rate
66.7%
Female Marriage Rate
male
female
The age group where males are most likely to be married is 35-44, while the female age group most likely to be married is 20-34.
Married
Widowed
Divorced
Separated
NeverMarried
Second Gulf War
First Gulf War
Vietnam
Korea
World War II
23
Number of Veterans
23
Male Veterans
Female Veterans
count
count
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
4.35%
Veteran Poverty Rate
17.39%
Veteran Disability Rate
LaborForceParticipation
51.1%
Labor Force Participation
51.1%
Employment Rate
0%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
Europe
Asia
Africa
Oceania
Latin America
North America
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Europe
Asia
Africa
Oceania
Latin America
North America
59.12%
Born in Wallace
85.22%
Native Born
2.52%
Foreign Born
0.31%
Non Citizen
2.2%
Naturalized
85.22% of Wallace residents were born in the United States, with 59.12% having been born in Nebraska. 0.31% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.