Idaho · Census place 84790
Wallace city, ID
Quick answer
Wallace city has 1,127 residents, ranking #95 of 236 places in Idaho. Median household income is $50,526, the median home is worth $219,200 and median gross rent runs $731 a month.
- Population
- 1,127Wallace city residents
- Median household income
- $50,526Past 12 months, inflation adjusted
- Median home value
- $219,200Owner-occupied units
- Median gross rent
- $731Rent plus utilities, monthly
- Median age
- 40.7 yrsAll residents
- Homeownership rate
- 52.6%Owner-occupied households
What the numbers mean in Wallace city
Housing cost measured against local earnings.
A household earning the Wallace city median would spend about 17.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 20.2% of residents and 52.6% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Idaho.
- Carey city 1,197
- Greenleaf city 1,152
- Cottonwood city 1,138
- Riverside CDP 1,126
- Kootenai city 1,076
- Plummer city 1,055
- Kamiah city 1,053
Keep going
More Idaho coverage.