Quality of Life and Culture in Wallace, IN

Overview

Wallace is a village in the state of Indiana with a population of 153. The cost of living is low making it one of the most affordable places to live in the US. Wallace has a hot summer and mild winter climate. The presence of parks and green space will enable you to spend time in the outdoors

Quality of Life Summary

Area Size: Village
Living Costs: Low Cost
Employment: (B) Good
Cultural Diversity: (F) Poor
Residents: Families
School Rating: NA
Safety Rating: NA
Public Transport: (D) Fair
Average Commute: 34.1 minutes
Walkability: (B) Good
Climate: Hot Summer and Mild Winter
Shopping Mall: -
Near Beach or Lake: Yes
Near Mountains: -
Near Parks & Green Space: Yes

Social and Economic Statistics of Wallace, IN

Employment and Income	Wallace	Indiana	United States
Per Capita Income	$24,161	$29,331	$32,693
Median Household Income	$59,844	$58,806	$65,483
Unemployment Rate	1.0%	4.7%	5.7%
Poverty Rate	0.0%	9.8%	10.5%

Age	Wallace	Indiana	United States
Median Age	24.0	40.7	42.3

Gender	Wallace	Indiana	United States
Male	47.7%	49.3%	49.8%
Female	52.3%	50.7%	50.2%

Race	Wallace	Indiana	United States
White	100.0%	92.4%	80.3%
Black or African American	0.0%	1.9%	7.0%
American Indian and Alaska Native	0.0%	0.2%	2.7%
Asian	0.0%	0.7%	1.9%
Native Hawaiian and Other Pacific Islander	0.0%	0.0%	0.2%
Other Race	0.0%	1.4%	2.7%
Multiracial	0.0%	3.4%	5.2%

Housing Information	Wallace	Indiana	United States
Median Home Price	$63,600	$126,114	$208,542
Median Monthly Rent		$605	$801
Family Households	59.6%	59.6%	48.6%
Nonfamily Households	25.5%	25.5%	26.2%
Homeowners	95.7%	74.7%	72.9%
Renters	4.3%	25.3%	27.1%

Education	Wallace	Indiana	United States
High School Graduate or Equivalent	0.0%	7.8%	7.5%
Some College, no Degree	43.8%	43.8%	34.0%
Associate's Degree	26.6%	20.4%	21.2%
Bachelor's Degree	12.5%	9.0%	9.3%
Graduate or Professional Degree	3.1%	11.9%	15.0%