HomeIndianaFountain CountyWallace town
Wallace town, Indiana: commercial real estate data.
Wallace town is a Census town of 140 people across 0.14 square miles of land, in Fountain County. Median household income is $75,500, 92.5 percent of occupied homes are owned.
48 sourced place values · tier FULL · 6 sections
This is a small place, and the figures below carry wide margins.
The American Community Survey reaches Wallace through a sample, not a count, and in a place this size that sample is thin. The population estimate here is 140 with a margin of error of plus or minus 122, which is 87.1 percent of the estimate itself. Every figure whose margin reaches 20 percent is printed with that margin beside it, so you can see the width of each one rather than having to assume it.
Nothing has been removed or adjusted. These are the published federal estimates, shown with the uncertainty the Census publishes alongside them.
Wallace
What Wallace is
- Census place typetown
- Land area0.14 sq mi
- Water area0 sq mi
- Population per square mile of land981 plus or minus 855
- County holding the largest share of its areaFountain County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wallace
How many people live in Wallace
- Population140 plus or minus 122
- Median age24.0 plus or minus 14.1
- Population under 1847 plus or minus 35
- Share under 1833.6 percent plus or minus 38.7
- Population 65 and over13 plus or minus 15
- Share 65 and over9.3 percent plus or minus 7.5
- Households40 plus or minus 22
- Family households28 plus or minus 20
- Share of households that are families70.0 percent plus or minus 31.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wallace
Income and work in Wallace
- Median household income$75,500 plus or minus $36,787
- Per capita income$29,041 plus or minus $6,470
- Civilian labor force75 plus or minus 72
- Employed74 plus or minus 73
- Unemployed1 plus or minus 2
- Unemployment rate1.3 percent plus or minus 2.3
- Adults 25 and over65 plus or minus 41
- Adults 25 and over with a high school diploma or higher96.9 percent plus or minus 79.1
- Adults 25 and over with a bachelor degree or higher18.5 percent plus or minus 21.8
- Adults 25 and over with a graduate degree4.6 percent plus or minus 21.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wallace
Housing in Wallace
- Housing units44 plus or minus 23
- Occupied units40 plus or minus 22
- Vacant units4 plus or minus 8
- Vacancy rate9.1 percent plus or minus 17.5
- Owner occupied37 plus or minus 21
- Renter occupied3 plus or minus 6
- Ownership rate92.5 percent
- Median owner-occupied home value$103,400
- Single family units43 plus or minus 23
- Share single family97.7 percent
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes1 plus or minus 3
- Median year structure built1938
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wallace
How Wallace gets to work
- Workers 16 and over who commute69 plus or minus 72
- Commuting under 15 minutes1 plus or minus 13
- Share commuting under 15 minutes1.4 percent plus or minus 19.3
- Commuting 30 minutes or more65 plus or minus 48
- Share commuting 30 minutes or more94.2 percent plus or minus 120.4
- Drove alone83.3 percent plus or minus 50.8
- Carpooled11.1 percent plus or minus 10.3
- Public transport0.0 percent
- Walked1.4 percent plus or minus 3.9
- Worked from home4.2 percent plus or minus 3.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fountain County, not Wallace
Fountain County context, not Wallace figures
These are Fountain County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Wallace measurements.
- Establishments in Fountain County332
- Employment at those establishments, Fountain County4,384
- Covered employment, Fountain County4,952
- Average annual pay, Fountain County$46,309
- Average weekly wage, Fountain County$891
- Housing units permitted, Fountain County19
- Of those, single family, Fountain County14
- County product, 2024, Fountain County$637,537,000
- County product change over the prior year, Fountain County-5.4 percent
- Average income of an arriving household, Fountain County$52,113
Every figure in this section is published for Fountain County as a whole and is not a measurement of Wallace. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No SBA approvals are recorded to a borrower address in this place in either FOIA release.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- No median gross rent is published for this place.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Wallace questions, answered from the record.
How many people live in Wallace, Indiana?
140, in 40 households. Wallace town covers 0.14 square miles of land, which is 981 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Wallace in?
Fountain County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Wallace?
$75,500. The median owner-occupied home is valued at $103,400. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Are the county figures on this page Wallace figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Fountain County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Wallace.
Is zoning published for Wallace?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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