The City of Wallace had a population of 773 as of July 1, 2020.
The primary coordinate point for Wallace is located at latitude 47.4741 and longitude -115.9279 in Shoshone County. The formal boundaries for the City of Wallace encompass a land area of 0.84 sq. miles and a water area of 0 sq. miles. Shoshone County is in the Pacific time zone (GMT -8). The elevation is 2,730 feet.
The City of Wallace (GNIS ID: 2412169) 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.
Idaho is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Wallace is located within Osburn-Wallace Division of Shoshone County.
Alternate Unofficial Names for Wallace: Cedar Swamp, Placer Center.
|Total Population||773 (100%)|
|Population in Households||718 (92.9%)|
|Population in Families||501 (64.8%)|
|Population in Group Quarters1||55 ( 7.1%)|
|Median Household Income||$32,339|
|Average Household Income||$45,328|
|% of Income for Mortgage4||17%|
|Per Capita Income||$21,143|
|Total HU (Housing Units)||534 (100%)|
|Owner Occupied HU||185 (34.6%)|
|Renter Occupied HU||176 (33.0%)|
|Vacant Housing Units||173 (32.4%)|
|Median Home Value||$129,167|
|Average Home Value||$176,351|
|Housing Affordability Index3||157|
|Average Household Size||1.99|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||2.09%|
|Per Capita Income||2.82%|
|Owner Occupied HU||-0.22%|
The table below compares Wallace to the other 227 incorporated cities, towns and CDPs in Idaho by rank and percentile using July 1, 2020 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.
|Total Population||# 111||52nd|
|Population Density||# 127||44th|
|Median Household Income||# 218||4th|
|Housing Affordability Index||# 127||56th|
|Per Capita Income||# 164||28th|
|Diversity Index||# 170||26th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Idaho Census Data Comparison Tool.