Wallace Flag

Wallace

County:
Lincoln County
County Seat:
No
Area (mi²):
0.711
State:
Nebraska

Wallace is a village located in Lincoln County, Nebraska. Wallace has a 2025 population of 292. Wallace is currently declining at a rate of -1.68% annually and its population has decreased by -7.89% since the most recent census, which recorded a population of 317 in 2020.

The average household income in Wallace is $70,276 with a poverty rate of 3.31%.The median age in Wallace is 53.5 years: 46.6 years for males, and 57.8 years for females.

292
Total Population
410
Density (mi²)
-5 -1.68%
Growth

Wallace Population

Wallace Population

Data after 2023 is projected based on recent change

Demographics

The racial composition of Wallace includes 85.66% White, 8.82% other race, and smaller percentages for and multiracial populations.

Population by Race

Race
Population
Percentage (of total)
White23385.66%
Other race248.82%
Two or more races155.51%

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 $33,214. Household income levels show a median of $55,625. The poverty rate stands at 3.31%.

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
Married Families$56,875-
Non Families$56,250$75,347
Households$55,625$70,276
Families$55,313$68,485

$33,214

Average Income

$55,625

Median Household Income

3.31%

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)