Wallace is located in LaSalle County, Illinois. Wallace has a 2025 population of 567 . Wallace is currently declining at a rate of 0% annually and its population has decreased by -0.7% since the most recent census, which recorded a population of 571 in 2020.
The average household income in Wallace is $117,396 with a poverty rate of 3.8%. The median age in Wallace is 32.5 years: 32.5 years for males, and 32.4 years for females. For every 100 females there are 95.4 males.
Data after 2023 is projected based on recent change
The racial composition of Wallace includes 97.94% White, and smaller percentages for other race, Two or more races and multiracial populations.
White (97.94%)
Other race (1.27%)
Two or more races (0.79%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 618 | 97.94% |
| Other race | 8 | 1.27% |
| Two or more races | 5 | 0.79% |
Married
Widowed
Divorced
Separated
Never Married
Wallace's average per capita income is $70,257. Household income levels show a median of $106,250. The poverty rate stands at 3.8%.
Name | Median | Mean |
|---|---|---|
| Married Families | $133,750 | - |
| Families | $110,625 | $123,609 |
| Households | $106,250 | $117,396 |
| Non Families | $55,536 | $52,491 |
Average Income
Median Household Income
Poverty Rate