Wallace, Nebraska Population 2024

297

Wallace is a city located in Hayes County, Lincoln County, and Perkins County Nebraska. Wallace has a 2024 population of 297. Wallace is currently declining at a rate of -1.66% annually and its population has decreased by -6.31% since the most recent census, which recorded a population of 317 in 2020.

The average household income in Wallace is $74,884 with a poverty rate of 1.4%. The median age in Wallace is 43.6 years: 46.1 years for males, and 43.1 years for females.

Wallace Demographics

According to the most recent ACS, the racial composition of Wallace was:

  • White: 86.41%
  • Other race: 8.36%
  • Two or more races: 4.53%
  • Native Hawaiian or Pacific Islander: 0.7%
  • Black or African American: 0%
  • Native American: 0%
  • Asian: 0%
Land Area (mi²)
0.7 sq mi
Density (mi²)
417.50/sq mi
Growth Since 2020
-6.31% (-20)
The current population of Wallace, Nebraska is 297 based on our projections of the latest US Census estimates (released May 2024). The last official US Census in 2020 recorded the population at 317.

Population by Race

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Race
Population
Percentage (of total)
White24886.41%
Other race248.36%
Two or more races134.53%
Native Hawaiian or Pacific Islander20.7%
Black or African American00%
Native American00%
Asian00%

White

Other race

Two or more races

Native Hawaiian or Pacific Islander

Black or African American

Native American

Asian

Wallace Population by Race

Wallace Population Pyramid 2024

Wallace Median Age

43.6

Total

46.1

Male

43.1

Female

Wallace Adults

There are 228 adults, (84 of whom are seniors) in Wallace.

Wallace Age Dependency

99.3

Age Dependency Ratio

58.3

Old Age Dependency Ratio

41

Child Dependency Ratio

Wallace Sex Ratio

Female15252.96%
Male13547.04%

Wallace Population by Age

Wallace Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All1192.417921
Married852.9282.417.6
Non Family32071.928.1
Male131000
Female140100

2.89

Average Family Size

2.41

Average Household Size

79.0%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Wallace Households and Families

Male

Female

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Education Attained
Count
Percentage
9th to 12th Grade104.59%
Associates Degree2712.39%
Bachelors Degree6630.28%
Graduate Degree104.59%
High School Graduate5525.23%
Less Than 9th Grade104.59%
Some College4018.35%

Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Wallace Educational Attainment by Sex (over 25)

Wallace Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

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Race
Total
High School
Bachelors
White18918175
Hispanic27150
Other Race1670
2+ Races1181

The highest rate of high school graduation is among white people with a rate of 95.77%.

The highest rate of bachelors degrees is among white people with a rate of 39.68%.

Wallace Educational Attainment by Race

All

Male

Female

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Name
Average
Male
Female
Bachelors Degree$27,639$28,611$20,750
Graduate Degree$64,063$0$0
High School Graduate$0$69,167$0
Less Than 9th Grade$22,250$25,625$0
Overall$30,625$33,333$29,375
Some College$42,813$58,125$37,500

$30,625

Average Earnings

$33,333

Average Male

$29,375

Average Female

Wallace Earnings by Educational Attainment

Wallace Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Wallace Language

91.18% of Wallace residents speak only English, while 8.82% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 8.82% of the population.

Wallace Language

Wallace Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
Hispanic39410.26%

1.4%

Overall Poverty Rate

0%

Male Poverty Rate

2.67%

Female Poverty Rate

Poverty in Wallace

The race most likely to be in poverty in Wallace is Hispanic, with 10.26% below the poverty level.

The race least likely to be in poverty in Wallace is Hispanic, with 10.26% 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 4.21%.

Wallace Poverty

rate

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Rate
Poverty
Some College2.99%
Less Than 9th Grade0%
High School0%
Bachelors or Greater0%

Wallace Poverty Rate by Education

rate

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Rate
Poverty
Male Employed0%
Male Unemployed0%
Female Employed0%
Female Unemployed0%

Wallace Poverty Rate by Employment Status and Sex

Wallace Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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Name
Median
Mean
Families$65,417$77,901
Households$60,781$74,884
Married Families$66,250$-999,999,999
Non Families$50,000$66,681

mean

median

Income by Household Type

Wallace Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

74.7%

Overall Marriage Rate

72.3%

Male Marriage Rate

77.0%

Female Marriage Rate

Wallace Married by Age and Sex

male

female

Wallace Marriage

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.

Wallace Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Wallace Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

24

Number of Veterans

23

Male Veterans

1

Female Veterans

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War
Veterans
Vietnam17
Second Gulf War0
First Gulf War0
Korea0
World War II0

Wallace Veterans by War

count

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Age Group
Veterans
65 to 7416
55 to 645
75+2
35 to 541
18 to 340

Wallace Veterans by Age

count

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Name
Veterans
% of Total
White2412.06%

Wallace Veterans by Race

Wallace Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

0%

Veteran Poverty Rate

25%

Veteran Disability Rate

Wallace Veterans by Education

LaborForceParticipation

55.3%

Labor Force Participation

55.3%

Employment Rate

0%

Unemployment Rate

Wallace Employment by Age

LaborForceParticipation

Wallace Employment by Race

LaborForceParticipation

Wallace Employment by Education

Origin of Non-Citizens

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.

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

64.11%

Born in Wallace

94.08%

Native Born

5.92%

Foreign Born

3.48%

Non Citizen

2.44%

Naturalized

Place of Birth

94.08% of Wallace residents were born in the United States, with 64.11% having been born in Nebraska. 3.48% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.

Wallace Place of Birth

Note: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
2029272-5-1.81%
2028277-5-1.77%
2027282-5-1.74%
2026287-5-1.71%
2025292-5-1.68%
2024297-5-1.66%
2023302-3-0.98%
2022305-7-2.24%
2021312-5-1.58%
2020317-26-7.58%
2019343-6-1.72%
2018349-2-0.57%
2017351-3-0.85%
201635410.28%
2015353-3-0.84%
2014356-2-0.56%
2013358-3-0.83%
2012361-1-0.28%
2011362-4-1.09%
201036600%

Wallace Population by Year