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Wallace, Indiana

Town in Fountain County, Indiana · ZIP 47949

  • Fountain County
  • Within Jackson Township
  • Census data · ACS 2019-2023
Join WallaceAsk WallaceBusinessesPeople
  • 81 (2024 estimate)Population
  • 41Households
  • $65,625Median household income
  • $92,500Median home value
  • 1ZIP codes

About Wallace

This page shows only what has been published about Wallace: Census facts with their sources first, then its businesses, jobs, events, people in public roles, housing and questions as they are added. Nothing here is written by the town government.

Town intelligenceOfficial sources, refreshed yearly

Population, 2000 to 2020−21.0%
7080901001102000: 10020002010: 10520102020: 79202010079
Population of Wallace at each census
CensusPopulation
2000100
2010105
202079

As counted at each census, within the boundaries the area had then; the current estimate is in the glance card.

Sources: Census 2000 Summary File 1: total population, place level, state 18, retrieved November 14, 2026; Census 2010 Summary File 1: total population, place level, state 18, retrieved November 14, 2026; Census 2020 Redistricting Data (P.L. 94-171): total population, place level, state 18, retrieved November 14, 2026.

Household income in Wallace
Under $50k26.9%
$50k to $100k46.3%
$100k to $150k4.9%
$150k to $200k0%
$200k and over22%

Median household income $65,625 · Share of households by income, American Community Survey 5-year 2019-2023, table S1901.

Source: American Community Survey 5-year subject table S1901 (household income) 2019–2023, place level, state 18, retrieved November 14, 2026.

Housing tenure in Wallace
Owner occupied
41 units
Renter occupied
0 units
Vacancy rate
0%

Occupied housing units by tenure and the share of all units vacant, American Community Survey 5-year 2019-2023, table DP04.

Source: American Community Survey 5-year data profile 2019–2023, place level, state 18, retrieved November 14, 2026.

Wallace compared with its county and state
Wallace compared with its county and state, American Community Survey 2019-2023
MeasureWallaceFountain CountyIndiana
Population13616,5466,811,752
Median household income$65,625$62,526$70,051
Median age23.642.838.0
Median home value$92,500$133,200$201,600
Bachelor’s degree or higher12.9%13.7%28.8%
Foreign-born residents0.0%1.3%5.9%
Owner-occupied homes100.0%74.7%70.4%
Mean commute to work37.4 minutes23.5 minutes24.0 minutes

Source: American Community Survey 5-year data profile 2019–2023, place level, state 18, retrieved November 14, 2026.

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Schools

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Nearby towns

Other towns in Fountain County

All towns in Fountain County