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ZipNumbers

South Dakota · Census place 68420

Wallace town, SD

Quick answer

Wallace town has 67 residents, ranking #343 of 485 places in South Dakota. Median household income is $53,750, the median home is worth $85,600 and median gross rent runs $575 a month.

Population
67Wallace town residents
Median household income
$53,750Past 12 months, inflation adjusted
Median home value
$85,600Owner-occupied units
Median gross rent
$575Rent plus utilities, monthly
Median age
48.5 yrsAll residents
Homeownership rate
84%Owner-occupied households

What the numbers mean in Wallace town

Housing cost measured against local earnings.

A household earning the Wallace town median would spend about 12.8% 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 1.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3% of residents and 84% 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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