Wallace is a city located in Shoshone County, Idaho. Wallace has a 2026 population of 839. It is also the county seat of Shoshone County. Wallace is currently growing at a rate of 0.96% annually and its population has increased by 6.2% since the most recent census, which recorded a population of 790 in 2020.
The median household income in Wallace is $51,492 with a poverty rate of 20.12%. The median age in Wallace is 47 years: 45.6 years for males, and 49.5 years for females. For every 100 females there are 133.9 males.
Data after 2023 is projected based on recent change
Overall: 47 years
Female: 49.5 years
Male: 45.6 years
There are 845 adults, (196 of whom are seniors) in Wallace.
Female: 439 (42.7%)
Male: 588 (57.3%)
The racial composition of Wallace includes 89.29% White, 3.02% other race, and smaller percentages for Black or African American, Asian, Native American and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 917 | 89.29% |
| Two or more races | 67 | 6.52% |
| Other race | 31 | 3.02% |
| Black or African American | 7 | 0.68% |
| Asian | 3 | 0.29% |
| Native American | 2 | 0.19% |
Wallace 's average per capita income is $34,750. Household income levels show a median of $51,492. The poverty rate stands at 20.12%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $98,125 | - |
| Families | $75,833 | $85,517 |
| Households | $51,492 | $66,887 |
| Non Families | $29,271 | $43,608 |
Average Income
Median Household Income
Poverty Rate