HomeNebraskaLincoln CountyWallace village
Wallace village, Nebraska: commercial real estate data.
Wallace village is a Census village of 266 people across 0.71 square miles of land, in Lincoln County. Median household income is $63,125, 82.2 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $250,000.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Wallace
What Wallace is
- Census place typevillage
- Land area0.71 sq mi
- Water area0 sq mi
- Population per square mile of land374 plus or minus 114
- County holding the largest share of its areaLincoln 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
- Population266 plus or minus 81
- Median age56.6 plus or minus 15.6
- Population under 1844 plus or minus 22
- Share under 1816.5 percent plus or minus 6.6
- Population 65 and over100 plus or minus 46
- Share 65 and over37.6 percent plus or minus 13.1
- Households118 plus or minus 33
- Family households87 plus or minus 27
- Share of households that are families73.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wallace
Income and work in Wallace
- Median household income$63,125 plus or minus $13,245
- Per capita income$33,958 plus or minus $7,647
- Civilian labor force111 plus or minus 32
- Employed106 plus or minus 29
- Unemployed5 plus or minus 9
- Unemployment rate4.5 percent plus or minus 8.0
- Adults 25 and over216 plus or minus 66
- Adults 25 and over with a high school diploma or higher91.7 percent
- Adults 25 and over with a bachelor degree or higher32.4 percent plus or minus 22.2
- Adults 25 and over with a graduate degree4.6 percent plus or minus 3.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wallace
Housing in Wallace
- Housing units141 plus or minus 33
- Occupied units118 plus or minus 33
- Vacant units23 plus or minus 17
- Vacancy rate16.3 percent plus or minus 11.4
- Owner occupied97 plus or minus 32
- Renter occupied21 plus or minus 13
- Ownership rate82.2 percent
- Median owner-occupied home value$107,900
- Median gross rent, monthly$732
- Annual rent as a share of median income13.9 percent plus or minus 3.2
- Single family units112 plus or minus 30
- Share single family79.4 percent
- Units in buildings of two or more19 plus or minus 22
- Share in buildings of two or more13.5 percent plus or minus 15.2
- Mobile homes10 plus or minus 8
- Median year structure built1951
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 commute98 plus or minus 26
- Commuting under 15 minutes61 plus or minus 22
- Share commuting under 15 minutes62.2 percent plus or minus 14.7
- Commuting 30 minutes or more24 plus or minus 14
- Share commuting 30 minutes or more24.5 percent plus or minus 12.6
- Drove alone81.7 percent
- Carpooled8.7 percent plus or minus 7.3
- Public transport0.0 percent
- Walked3.8 percent plus or minus 5.7
- Worked from home5.8 percent plus or minus 4.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wallace
SBA loans in Wallace (7(a))
- Approvals1
- Gross approval$250,000
- Average approval$250,000
- Median approval$250,000
- Ninetieth percentile approval$250,000
- Largest approval$250,000
- Jobs supported1
- Jobs per approval1.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lincoln County, not Wallace
Lincoln County context, not Wallace figures
These are Lincoln 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 Lincoln County1,018
- Employment at those establishments, Lincoln County11,421
- Covered employment, Lincoln County14,738
- Average annual pay, Lincoln County$52,150
- Average weekly wage, Lincoln County$1,003
- Housing units permitted, Lincoln County45
- Of those, single family, Lincoln County45
- County product, 2024, Lincoln County$3,306,585,000
- County product change over the prior year, Lincoln County-2.2 percent
- Average income of an arriving household, Lincoln County$58,668
Every figure in this section is published for Lincoln 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.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- 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, Nebraska?
266, in 118 households. Wallace village covers 0.71 square miles of land, which is 374 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?
Lincoln 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?
$63,125. The median owner-occupied home is valued at $107,900. Median gross rent is $732 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Wallace businesses?
1 7(a) approvals totalling $250,000, across 1 lenders, median approval $250,000. These count approvals to borrowers whose address is in Wallace, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Wallace borrowers get paid back?
No rate is published for Wallace. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
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 Lincoln 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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