Wallace is a city located in Lincoln County Nebraska. Wallace has a 2020 population of 329. Wallace is currently declining at a rate of -1.50% annually and its population has decreased by -10.11% since the most recent census, which recorded a population of 366 in 2010.
The average household income in Wallace is $62,491 with a poverty rate of 2.56%. The median rental costs in recent years comes to $750 per month, and the median house value is $84,400. The median age in Wallace is 43.3 years, 45.5 years for males, and 43 years for females.
According to the most recent ACS, the racial composition of Wallacewas:
The highest rate of high school graduation is among 2+ races people with a rate of 100.00%.
The highest rate of bachelors degrees is among 2+ races people with a rate of 66.67%.
85.98% of Wallace residents speak only English, while 14.02% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 13.26% of the population.
Overall Poverty Rate
Male Poverty Rate
Female Poverty Rate
The race most likely to be in poverty in Wallace is White, with 0.89% below the poverty level.
The race least likely to be in poverty in Wallace is Hispanic, with 13.16% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 0.00%. Among those working part-time, it was 0.00%, and for those that did not work, the poverty rate was 8.64%.
Veteran Poverty Rate
Veteran Disability Rate
Labor Force Participation
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Born in Wallace
98.18% of Wallace residents were born in the United States, with 64.23% having been born in Nebraska. 0.36% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.