Median Income
$40,000
household / year
Median Home Value
$58,300
owner-occupied
Median Rent
N/A
gross / month
Cost of Living
N/A
national avg = 100

Is Wallace, KS a Good Place to Live?

Wallace is a small town of 50 in Kansas, with a median household income of $40,000 .

Strengths: Wallace stands out for below-average home prices, short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Wallace is right for you depends on your priorities — the full breakdown is below.

All Wallace city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Cost of living data is based on the Bureau of Economic Analysis Regional Price Parities for the Wallace metro area.

Metric Wallace, KS National Avg
Median Home Value $58,300 $244,900
Median Monthly Rent N/A $1,163
Homeownership Rate 63.3% 65.9%
Median Household Income $40,000 $74,755

Crime & Safety

Crime data for Wallace is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Metric Wallace, KS National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 7.3% 35.4%
High School Diploma or Higher 100.0% 91.1%

Weather & Climate

Wallace sees average highs of 44.6°F in January and 92.1°F in July, with 20.7 inches of annual precipitation and 23.2 inches of snow per year.

MetricWallace, KS
Average High — January44.6°F
Average High — July92.1°F
Annual Precipitation20.7"
Annual Snowfall23.2"

Demographics

MetricWallace, KSNational Avg
Population50—
Median Age55.338.9
Unemployment Rate0.0%3.7%
Avg Commute Time14.5 min26 min
White (non-Hispanic)86.0%59.3%
Black or African American0.0%13.6%
Hispanic or Latino14.0%18.9%
Asian0.0%6.3%
Under 180.0%22.2%
65 and over32.0%16.8%

Nearby Cities

ZIP Codes in Wallace

Wallace, KS is covered by 1 ZIP code:

Wallace vs Other Cities

Frequently Asked Questions

Wallace has a median home value of $58,300 and median rent of N/A/month against a median household income of $40,000.
Crime data for Wallace is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
School district information is sourced from NCES Common Core of Data.
Wallace, KS has a population of 50, a median household income of $40,000, and an unemployment rate of 0.0%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Wallace averages 44.6°F in January and 92.1°F in July. Annual rainfall is 20.7 inches with about 23.2 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Wallace, KS is covered by 1 ZIP code: 67761.
The population of Wallace, Kansas is 50 with a median age of 55.3. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Wallace: median home $58,300, median household income $40,000. Whether these are benefits or drawbacks depends on where you're coming from — compare Wallace side by side with your current city to see the trade-offs.