Wallace, NE Profile: Facts, Map & Data

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Wallace, Nebraska - Basic Facts

The Village of Wallace had a population of 388 as of July 1, 2017. 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, 2017.


EXTREMELY LOCAL Demographic Data

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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, 2017)

POPULATION

Total Population 388
Daytime Population: Workers 141
Daytime Population: Residents 193
Total Daytime Population (TDP) 334
Ratio TDP/Total Population1 0.86
Population in Households 388
Population in Familes 341
Population in Group Qrtrs 0
Population Density2 545
Diversity Index3 43
 

INCOME

Median Household Income $51,927
Average Household Income $68,624
Per Capita Income $27,222

HOUSING

Total Housing Units 160 (100%)
Owner Occupied HU 109 (68.1%)
Renter Occupied HU 41 (25.6%)
Vacant Housing Units 10 ( 6.2%)
Median Home Value $109,211
Average Home Value $139,450
 

HOUSEHOLDS

Total Households 150
Average Household Size 2.59
Family Households 113
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood 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.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population 0.81% 0.15%
Households 0.96% 0.27%
Families 1.15% 0.18%
Median Household Income   2.86%
Per Capita Income   3.97%

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, 2017 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 # 234 60th
Population Density # 391 33rd
Diversity Index # 41 93rd
Median Household Income # 266 54th
Per Capita Income # 333 43rd

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

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