Each edition grades its towns against each other only.
A town of 299, settled in 1887.
Wallace’s age of the median resident is 56.6 years, above both Nebraska’s towns (37.5 years) and U.S. towns (40.5 years). Among 51 Nebraska towns, just one has a lower value of a typical home than Wallace. Johnston Memorial Building is on the National Register of Historic Places. Wallace has fewer than 1,000 residents, too few for fair grades; the figures below are still real.
In a town this size, neighbors are the best guide. Ask them anything.
Census counts: 130 in 1900, 318 in 2020. The archive holds 7 old photos and papers going back to 1921 and a map from 1973 on.
1 place on the National Register of Historic Places.
Who provides power, water and the rest in Wallace, and how to reach them.
EPA SDWIS (Oct 9, 2026) · HIFLD + EIA-861 2025 · Census 2020 ZCTAs · NCES 2024–25 · registration: vote.gov, updated Sep 30, 2026.
Ordered by what stands out in Wallace.
Home values are up 13% over the year to September 2026. The going rate for rent for Wallace comes to $732 a month, below both the Nebraska town median ($914 a month) and the median of U.S. towns ($1,185 a month). For households in the town, the share who own their home is 82%.
| Wallace | Nebraska towns | U.S. towns | |
|---|---|---|---|
| Households that own their home | 82% | 67% | 73% |
| Median rent | $732 a month | $914 a month | $1,185 a month |
Census ACS, 2020–24 · Zillow Home Value Index · Redfin Data Center
Its two schools are below. Wallace Public School District 65 R runs its public schools. Public school enrollment in the town: 161 students across 2 schools.
| School | Level | Students | Letter |
|---|---|---|---|
| Wallace Elementary SchoolLargest public elementary schoolGrades PK–6 | Grades PK–6 | 90 | B− |
| Wallace High SchoolLargest public high schoolGrades 7–12 | Grades 7–12 | 71 | C+ |
NCES · EDFacts
Wallace is shrinking: down 6.3% since 2020, to 299 residents (2025 estimate). People 65 and older are 38% of residents (17% statewide); adults 18 to 34 are 5% of residents (23% statewide). The bachelor’s-degree share among adults 25 and older is 32%, against 35% across Nebraska.
Somewhere between 39% and 62% women
The Census survey reached too few of Wallace’s residents to say more: its margin here is ±11.5 points. Across Nebraska, 49.7% of residents are women.
| Wallace | NE | U.S. | |
|---|---|---|---|
| Under 10 | 3% | 13.1% | 11.6% |
| 10 to 17 | 13.5% | 11.4% | 10.3% |
| 18 to 24 | 2.3% | 9.8% | 9.1% |
| 25 to 34 | 2.6% | 12.9% | 13.7% |
| 35 to 44 | 18% | 13.1% | 13.2% |
| 45 to 54 | 8.6% | 11.1% | 12.2% |
| 55 to 64 | 14.3% | 11.9% | 12.7% |
| 65 to 74 | 32% | 9.9% | 10.2% |
| 75 and older | 5.6% | 6.8% | 7% |
| No diploma | 8.3% | 7.8% | 10.4% |
| High school | 32.9% | 25% | 26% |
| Some college | 18.5% | 21.6% | 19.1% |
| Associate’s | 7.9% | 11% | 8.8% |
| Bachelor’s | 27.8% | 22.3% | 21.6% |
| Graduate | 4.6% | 12.3% | 14.1% |
Census population estimates, 2025 · U.S. Census Bureau · ACS 2020-2024 5-year estimates · in a town of 300, single groups can be off by several points
For half of commuters, work is under 29 miles away. Since 2013, Wallace has lost 29 jobs, to 93 in 2023. 3% of residents live below the poverty line in the town. The top destinations are North Platte (45%), Hershey (3%) and Grand Island (2%).
| Wallace | Nebraska towns | U.S. towns | |
|---|---|---|---|
| Working residents who work in town | 2.3% | 34% | 8% |
| Below the poverty line | 3% | 11% | 9.6% |
| Average trip to work | 16 minutes | 17 minutes | 25 minutes |
| Median household income | $63,000 | $69,000 | $80,000 |
Census LEHD 2023 · ACS
Wallace’s typical July afternoon high is 89°F.
NOAA U.S. Climate Normals, 1991–2020
The share of adults in Wallace who binge drink: 21%. Among 58 Nebraska towns, just 4 have a lower share of adults who report frequent mental distress than Wallace.
| Wallace | Nebraska towns | U.S. towns | |
|---|---|---|---|
| Binge drink (CDC PLACES) | 21% | 19% | 16% |
| Frequent mental distress (CDC PLACES) | 13% | 14% | 17% |
| Depression (CDC PLACES) | 17% | 18% | 23% |
| Feel lonely (CDC PLACES) | 29% | 30% | 33% |
| What stands out | Wallace | NE |
|---|---|---|
| Fewer older adults who have lost all their teeth | 8.9% | 12.4% |
| Fewer adults facing a utility shut-off | 5.3% | 6.4% |
CDC PLACES 2025 · modeled estimates for adults · CMS · HRSA
On expected storm and flood damage, Wallace sits below 53% of U.S. communities. A quarter of the town’s expected losses from natural hazards come from inland flooding, followed by drought at 25%. Federal disaster aid has reached households in Wallace once, in 2009.
FEMA disaster declarations and aid · FEMA National Risk Index · OpenFEMA
None within 15 miles of Wallace; the nearest are
About 1 of every 100 Wallace residents are enrolled in college, against 7 across Nebraska.
Where Wallace’s working residents go each day. Line width shows the share.
Census LEHD 2023
Village in Nebraska, United States
Wallace is a village in Lincoln County, Nebraska, United States. It is part of the North Platte, Nebraska Micropolitan Statistical Area. As of the 2020 census, Wallace had a population of 318.
From Wikipedia, licensed CC BY-SA 4.0 · facts via Wikidata (CC0)
Short answers, built from the data on this page.
Wallace has fewer than 1,000 residents, too few for fair grades; the figures below are still real.