HomeSouth DakotaCodington CountyWallace town
Wallace town, South Dakota: commercial real estate data.
Wallace town is a Census town of 66 people across 0.13 square miles of land, in Codington County. Median household income is $55,000, 75.0 percent of occupied homes are owned.
60 sourced place values · tier FULL · 7 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 66 with a margin of error of plus or minus 40, which is 60.6 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 area0.13 sq mi
- Water area0 sq mi
- Population per square mile of land496 plus or minus 301
- County holding the largest share of its areaCodington 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
- Population66 plus or minus 40
- Median age46.0 plus or minus 33.4
- Population under 1824 plus or minus 19
- Share under 1836.4 percent plus or minus 18.5
- Population 65 and over20 plus or minus 14
- Share 65 and over30.3 percent plus or minus 12.0
- Households24 plus or minus 12
- Family households18 plus or minus 12
- Share of households that are families75.0 percent plus or minus 33.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wallace
Income and work in Wallace
- Median household income$55,000 plus or minus $33,191
- Per capita income$21,814 plus or minus $9,629
- Civilian labor force20 plus or minus 16
- Employed20 plus or minus 16
- Unemployed0
- Unemployment rate0.0 percent
- Adults 25 and over42 plus or minus 21
- Adults 25 and over with a high school diploma or higher88.1 percent
- Adults 25 and over with a bachelor degree or higher16.7 percent plus or minus 29.3
- Adults 25 and over with a graduate degree0.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wallace
Housing in Wallace
- Housing units39 plus or minus 18
- Occupied units24 plus or minus 12
- Vacant units15 plus or minus 14
- Vacancy rate38.5 percent plus or minus 31.2
- Owner occupied18 plus or minus 13
- Renter occupied6 plus or minus 6
- Ownership rate75.0 percent plus or minus 39.1
- Median owner-occupied home value$86,700
- Median gross rent, monthly$550 plus or minus $343
- Annual rent as a share of median income12.0 percent plus or minus 10.4
- Single family units34 plus or minus 21
- Share single family87.2 percent plus or minus 37.6
- Units in buildings of two or more5 plus or minus 11
- Share in buildings of two or more12.8 percent plus or minus 28.1
- Mobile homes0
- 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 commute16 plus or minus 11
- Commuting under 15 minutes6 plus or minus 12
- Share commuting under 15 minutes37.5 percent plus or minus 69.6
- Commuting 30 minutes or more10 plus or minus 13
- Share commuting 30 minutes or more62.5 percent plus or minus 72.3
- Drove alone62.5 percent plus or minus 36.3
- Carpooled12.5 percent plus or minus 16.7
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home0.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wallace
SBA 504 lending to Wallace borrowers
- Approvals1
- Gross approval$129,000
- Average approval$129,000
- Median approval$129,000
- Largest approval$129,000
- Jobs supported3
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Codington County, not Wallace
Codington County context, not Wallace figures
These are Codington 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 Codington County1,210
- Employment at those establishments, Codington County15,001
- Covered employment, Codington County17,261
- Average annual pay, Codington County$52,139
- Average weekly wage, Codington County$1,003
- Housing units permitted, Codington County159
- Of those, single family, Codington County80
- County product, 2024, Codington County$2,110,638,000
- County product change over the prior year, Codington County3.2 percent
- Average income of an arriving household, Codington County$66,831
Every figure in this section is published for Codington 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, South Dakota?
66, in 24 households. Wallace town covers 0.13 square miles of land, which is 496 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?
Codington 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?
$55,000. The median owner-occupied home is valued at $86,700. Median gross rent is $550 per month. 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 Codington 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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