Wallace Flag

Wallace

County:
Fountain County
County Seat:
No
Area (mi²):
0.143
State:
Indiana

Wallace is a town located in Fountain County, Indiana. Wallace has a 2025 population of 79. Wallace is currently declining at a rate of 0% annually and its population has decreased by 0% since the most recent census, which recorded a population of 79 in 2020.

The average household income in Wallace is $90,454 with a poverty rate of 1.47%.The median age in Wallace is 23.6 years: 23.5 years for males, and 23.7 years for females.

79
Total Population
553
Density (mi²)
0 0%
Growth

Wallace Population

Wallace Population

Data after 2023 is projected based on recent change

Demographics

The racial composition of Wallace includes 100% White, and smaller percentages for and multiracial populations.

Population by Race

Race
Population
Percentage (of total)
White136100%

Wallace Marital Status

OverallMalesFemales0%10%20%30%40%50%60%70%80%90%100%

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Wallace's average per capita income is $40,938. Household income levels show a median of $65,625. The poverty rate stands at 1.47%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.
Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.
Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.
Name
Median
Mean
Families$73,333$98,943
Households$65,625$90,454
Married Families--
Non Families-$47,436

$40,938

Average Income

$65,625

Median Household Income

1.47%

Poverty Rate

Sources

  1. US Census State Population Estimates - Most recent state estimates from the Census Bureau's Population Estimates Program
  2. US Census County Population Estimates - Most recent county estimates from the Census Bureau's Population Estimates Program
  3. American Community Survey (2009 - 2013)
  4. Census QuickFacts
  5. Historical Populations of States and Counties (1790 - 1990)