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ZipNumbers

Nebraska · Census place 51175

Wallace village, NE

Quick answer

Wallace village has 272 residents, ranking #306 of 593 places in Nebraska. Median household income is $55,625, the median home is worth $101,500 and median gross rent runs $725 a month.

Population
272Wallace village residents
Median household income
$55,625Past 12 months, inflation adjusted
Median home value
$101,500Owner-occupied units
Median gross rent
$725Rent plus utilities, monthly
Median age
53.5 yrsAll residents
Homeownership rate
79.1%Owner-occupied households

What the numbers mean in Wallace village

Housing cost measured against local earnings.

A household earning the Wallace village median would spend about 15.6% 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 1.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.3% of residents and 79.1% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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