Wallace

Population: 136
Median household income: $65,625
Median home value: $92,500

Located in Fountain County, Indiana, Wallace is a community with a population of 136. At $65,625, its median household income sits above Fountain County's $62,526.

From 2019 to 2023, Wallace's population grew 83.8% from 74 to 136, while its median home value rose 49.0% from $62,100 to $92,500.

White (non-Hispanic) residents are the largest group, 100.0% of the population. 80.8% of workers drive to work alone.

Demographics

ACS 2019–2023

Population: 136
Median age: 23.6 yrs
Median household income: $65,625
Median home value: $92,500
Median gross rent: —
Housing units: 41
Homeownership rate: 100.0%
Bachelor's degree or higher: 12.9%
Unemployment rate: 1.3%

Trends

ACS 5-year · 2019–2023

Population

74136

Median household income

$55,625$65,625

Median home value

$62,100$92,500

Year	Population	Median household income	Median home value
2019	74	$55,625	$62,100
2020	101	$55,179	$60,000
2021	153	$59,844	$63,600
2022	149	$62,500	$86,300
2023	136	$65,625	$92,500

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 515.4%

5 to 1716.2%

18 to 2422.8%

25 to 347.4%

35 to 4414.0%

45 to 5411.8%

55 to 642.2%

65 to 743.7%

75 and over6.6%

	Count	Share
Under 5	21	15.4%
5 to 17	22	16.2%
18 to 24	31	22.8%
25 to 34	10	7.4%
35 to 44	19	14.0%
45 to 54	16	11.8%
55 to 64	3	2.2%
65 to 74	5	3.7%
75 and over	9	6.6%

Race & ethnicity

	Count	Share
White (non-Hispanic)	136	100.0%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	0	0.0%
Hispanic or Latino (any race)	0	0.0%

Educational attainment (age 25+)

No high school diploma3.2%

High school graduate46.8%

Some college or associate's37.1%

Bachelor's degree9.7%

Graduate or professional degree3.2%

	Count	Share
No high school diploma	2	3.2%
High school graduate	29	46.8%
Some college or associate's	23	37.1%
Bachelor's degree	6	9.7%
Graduate or professional degree	2	3.2%

Commute to work

Mean travel time to work: 37 min

Drove alone80.8%

Carpooled13.7%

Public transit0.0%

Walked1.4%

Bicycle0.0%

Worked from home4.1%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	59	80.8%
Carpooled	10	13.7%
Public transit	0	0.0%
Walked	1	1.4%
Bicycle	0	0.0%
Worked from home	3	4.1%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	1	1.4%
15 to 29 min	7	10.0%
30 to 44 min	40	57.1%
45 to 59 min	10	14.3%
60+ min	12	17.1%

Households

Average household size: 3.32
Poverty rate: 1.5% (2 of 136)

	Count	Share
Family households	30	73.2%
Nonfamily households	11	26.8%

Housing

Median year structure built: 1938

Occupancy

	Count	Share
Occupied	41	100.0%
Vacant	0	0.0%

Tenure (of occupied units)

	Count	Share
Owner-occupied	41	100.0%
Renter-occupied	0	0.0%

1-unit, detached95.1%

1-unit, attached2.4%

2 to 4 units0.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other2.4%

Units in structure

	Count	Share
1-unit, detached	39	95.1%
1-unit, attached	1	2.4%
2 to 4 units	0	0.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	1	2.4%

Geography

Place GEOID: 1879730
Type (LSAD): 43
Land area: 0.14 sq mi
Water area: 0 sq mi
Center point: 39.9871, -87.1471