In 2023, Wallace, NE had a population of 272 people with a median age of 53.5 and a median household income of $55,625. Between 2022 and 2023 the population of Wallace, NE declined from 287 to 272, a −5.23% decrease and its median household income declined from $60,781 to $55,625, a −8.48% decrease.
The 5 largest ethnic groups in Wallace, NE are White (Non-Hispanic) (85.7%), Other (Hispanic) (8.82%), Two+ (Hispanic) (4.78%), Two+ (Non-Hispanic) (0.735%), and White (Hispanic) (0%).
None of the households in Wallace, NE reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
95.6% of the residents in Wallace, NE are U.S. citizens.
In 2023, the median property value in Wallace, NE was $101,500, and the homeownership rate was 79.1%.
Most people in Wallace, NE drove alone to work, and the average commute time was 12.3 minutes. The average car ownership in Wallace, NE was 3 cars per household.