Living in Wallace, Kansas
Cost of living, income, home prices, rent and demographics of Wallace · Census data 2020–2024
Wallace has 48 residents with a median age of 60.5. The median home value is $66,500.
Wallace is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Wallace at a glance
- Population
- 48
- Median age
- 60.5State: 37.4
- Median home value
- $66,500State: $217,200
- Homeowners
- 100%
- Bachelor's degree or higher
- 4.2%
Is Wallace a good place to live?
Pros: Home values 69% lower than the state median.
Cons: A poverty rate of 43.8%.
The weather is best in May–June and September–October.
Cost of living in Wallace
Housing is the biggest part of the cost of living. In Wallace the median home value is $66,500, 80% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.
Housing in Wallace: homes for sale and rent
- Housing units
- 25
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 24%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.53
Wallace demographics
- Population
- 48
- Median age
- 60.5
- Under 18
- 0%
- 65 and older
- 43.8%
- Households
- 19
- Foreign-born
- 2.1%
- Veterans
- 27.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Wallace ›
Education in Wallace
4.2% of adults 25 and older in Wallace have a bachelor's degree or higher (Kansas: 35.6%), and 0% have a graduate or professional degree.
Jobs and commute in Wallace
- Unemployment rate
- 0%State: 3.9%
- Average commute
- —State: 20 min
- Work from home
- 0%
- Drive alone
- 100%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 100%
Wallace vs nearby towns
More for people moving to Wallace
Wallace ZIP code ›Weather and climate ›Living in Wallace: FAQ
What is the average home price in Wallace?
The median home value in Wallace is $66,500, compared with $217,200 in Kansas.
Is Wallace, KS a good place to live?
Pluses: home values 69% lower than the state median. Minuses: a poverty rate of 43.8%.
What is the median age in Wallace?
The median age in Wallace is 60.5 years (Kansas: 37.4).
What is the unemployment rate in Wallace?
The unemployment rate in Wallace is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Wallace?
4.2% of adults in Wallace have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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