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Wallace Covered BridgeWallace Covered Bridge · Photo: Chris Light · CC BY-SA 4.0
Town Hall · Wallace

Wallace spent less per resident in 2022 than 97% of similar cities

Wallace’s town government spent $2,000 on day-to-day services in the year to December 31, 2022, about $24 per resident.

Election Day

Tomorrow

General election in Indiana.

Register or check: vote.gov ↗
Day-to-day spending, 2022
$2,000
year to December 31, 2022
Per resident, 2022
$24
In 2022: $24, less than 97% of 363 similar cities
Long-term debt
Not reported
end of 2022, reported
Town staff, 2022
0
full-time · 4 part-time · March payroll $408
Typical tax bill
$433
0.42% of home value · IN 0.74%

What stands out about how Wallace is run

Read from the town’s budget and official records.

Compared with similar places

$24 per resident in 2022: less than 97% of them

Wallace’s day-to-day spending in 2022 ($24 per resident, hospital and utilities left out) against 363 Indiana cities of under 2,500 that don’t run their own schools: the median was $586, and the middle half spent $300–$967. Wallace spent less than 97% of them.

Middle half of the group, $300–$967Median $586Wallace

Later years come from a Census sample, so the comparison stays on 2022. How Town Hall compares budgets →

The group
363

Indiana cities of under 2,500 that don’t run their own schools, 2022 Census of Governments (every government counted that year; Wallace itself left out).

Your share of the 2022 budget

About $24 per resident a year, or $0.07 a day

Day-to-day services only.

Where the money comes from
Property taxes 100%
About “Other”.100% of Wallace’s day-to-day spending ($2,000) is filed by the Census Bureau outside the named functions above, so the receipt can’t say what it buys.
Over the years

No trend yet

Wallace reported only 2022 to the Census Bureau, so there is no trend yet.

Property tax

The typical homeowner pays $433 a year

Every local property tax on the home: town, schools and county. About 0.42% of the home’s value, vs 0.74% across Indiana.

What homes cost →

Typical yearly bill next door and statewide

Indiana$1,614
Wallace$433
$433
typical bill a year
0.42%
effective rate
$103,400
typical home value (Census)
Your own bill

The Housing page’s calculator splits a monthly payment into loan, tax and insurance at Wallace’s rate.

Can I afford it? →

The median bill homeowners report to the Census survey (bills of $10,000+ are reported as “$10,000+”). The effective rate is that bill ÷ the median home value: a rough guide, not the official tax rate. In a town this small the estimate has a wide margin.

Tax bills are one input to Wallace’s Cost of living grade. Cost of living in Wallace →

Who runs it

Who’s in charge in Wallace

Names change after every election, so we link to the source that keeps them current.

Check Wallace’s own website for current officialsWe name an official only when a public source lists a current term. None does for Wallace yet.
The school district

Southeast Fountain School Corporation

Wallace’s K–12 school district, shared with Cain Township, Hillsboro, Jackson Township, Kingman, Mellott and more. It’s its own government, with a budget separate from the town’s.

Schools in Wallace →
$12,923
per pupil · IN $13,688
1,031
students
$4.1 million
long-term debt

Of the $12,923 per pupil, $7,052 goes to the classroom (teachers, aides, supplies); the rest to buses, buildings, counselors and administration. Building projects and debt payments aren’t in the per-pupil figure.

The district: schools, scores and graduation →

Where the district’s money comes from
Local 36%State 53%Federal 11%

Indiana districts overall: 33% local, 56% state, 11% federal.

School year 2023–24. Census Bureau school finance survey.

Who represents Wallace

From town hall to Washington

Every level of government that speaks for Wallace.

2024 results ↑
  1. 1
    Your townTown government
    Local officials aren’t on record yet.
  2. 2
    Indiana HouseState representatives
  3. 3
    Indiana SenateState senator
  4. 4
    GovernorStatewide
  5. 5
    U.S. HouseYour representative in Congress
  6. 6
    U.S. SenateBoth represent all of Indiana

Democrat · Republican · other or independent. Tap a name for their official page.

Reach Wallace’s government

Neighbors add phone numbers and hours to the Handbook.

The Handbook →

Questions about Wallace’s government

How much does Wallace spend per resident?

About $24 per resident on day-to-day services in the year to December 31, 2022, as reported to the Census Bureau. In 2022, the last full count, its $24 was less than 97% of 363 Indiana cities of under 2,500 that don’t run their own schools.

What is the property tax rate in Wallace?

Homeowners report a typical bill of $433 a year (Census ACS, 2020–24), about 0.42% of the typical home’s value, vs 0.74% across Indiana. For the official rate per $1,000 of assessed value, see the town’s assessor.

Who runs Wallace’s government?

We name an official only when a public source lists a current term, and none does for Wallace yet.

How many people work for Wallace?

0 full-time and 4 part-time employees in March 2022, with a March payroll of $408 (about $4,896 a year if every month were the same), as reported to the Census Bureau.

Who represents Wallace in the state legislature?

State Senate District 23 (Spencer Deery) and State House District 13 (Matt Commons). The House district also covers 68 other towns. Listed by Open States; districts from the Census Bureau.

Ask neighbors about Wallace’s government

Neighbors who’ve been to the meetings can help.

Town Square →
Ask neighbors

Budget and staff: U.S. Census Bureau, Census of Governments (2022, every government) and Annual Survey of State and Local Government Finances (2023–24, a sample) and the Annual Survey of Public Employment & Payroll; day-to-day spending is current operations, with hospitals, utilities and airports apart. School district: Census school finance survey, 2023–24. Property tax: Census American Community Survey, 2020–24. Elections: official 2024 returns via the MIT Election Data + Science Lab; turnout uses Census citizen voting-age population (CVAP, 2020–24). Officials: Open States, names shown only with a current term (checked October 9, 2026). Districts: Census Bureau (119th Congress, 2024 state districts); legislators: Open States and congress-legislators. How Town Hall works →