Wallace, NE Profile: Facts, Map & Data

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Wallace, Nebraska - Basic Facts

The Village of Wallace had a population of 379 as of July 1, 2016. Wallace ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Nebraska. See peer rankings below.

The primary coordinate point for Wallace is located at latitude 40.8376 and longitude -101.1645 in Lincoln County. The formal boundaries for the Village of Wallace (see map below) encompass a land area of 0.71 sq. miles and a water area of 0 sq. miles. Lincoln County is in the Central time zone (GMT -6). The elevation is 3,110 feet.

The Village of Wallace (GNIS ID: 2400086) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Wallace is located within Wallace Election Precinct, a minor civil division (MCD) of Lincoln County.

Beneath the boundary map are tables with Wallace population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2016.


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Village of Wallace, NE Boundary Map



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Boundary Maps: Wallace Election Precinct | Lincoln County | Nebraska Counties

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Wallace, NE Data & Demographics (As of July 1, 2016)

POPULATION

Total Population 379
Population in Households 379
Population in Familes 333
Population in Group Qrtrs 0
Population Density1 533
Diversity Index2 44
 

HOUSEHOLDS

Total Households 146
Average Household Size 2.6
Family Households 111
Average Family Size 3

HOUSING

Total Housing Units 155 (100%)
Owner Occupied HU 105 (67.7%)
Renter Occupied HU 41 (26.5%)
Vacant Housing Units 9 ( 5.8%)
Median Home Value $107,955
Average Home Value $132,524
 

INCOME

Median Household Income $52,703
Average Household Income $67,946
Per Capita Income $26,679
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population 0.56% 0.16%
Households 0.67% 0.41%
Families 1.05% 0.36%
Median Household Income   2.59%
Per Capita Income   2.75%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Wallace, NE - Peer Comparisons by Rank and Percentile

The table below compares Wallace to the other 580 incorporated cities, towns and CDPs in Nebraska by rank and percentile using July 1, 2016 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 238 59th
Population Density1 # 395 32nd
Diversity Index2 # 40 93rd
Median Household Income # 212 64th
Per Capita Income # 307 47th

Additional comparisons and rankings can be made with a VERY EASY TO USE Nebraska Census Data Comparison Tool.

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