Wallace is a tiny village located in the state of Nebraska. With a population of 307 people and just one neighborhood, Wallace is the 193rd largest community in Nebraska. Wallace has an unusually large stock of pre-World War II architecture, making it one of the older and more historic villages.
Wallace real estate is some of the most expensive in Nebraska, although Wallace house values don't compare to the most expensive real estate in the U.S.
Wallace is a blue-collar town, with 43.51% of people working in blue-collar occupations, while the average in America is just 27.7%. Overall, Wallace is a village of professionals, construction workers and builders, and sales and office workers. There are especially a lot of people living in Wallace who work in office and administrative support (12.98%), business and financial occupations (8.40%), and management occupations (7.63%).
Of important note, Wallace is also a village of artists. Wallace has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Wallace’s character.
Telecommuters are a relatively large percentage of the workforce: 8.46% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Wallace is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Wallace really has some of the features that families look for when choosing a good community to raise children. Is Wallace perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
It is a fairly quiet village because there are relatively few of those groups of people who have a tendency to be noisy. (Children, for example, often can't help themselves from being noisy, and being parents ourselves, we know!) Wallace has relatively few families with children living at home, and is quieter because of it. Renters and college students, for their own reasons, can also be noisy. Wallace has few renters and college students. But the biggest reason it is quieter in Wallace than in most places in America, is that there are just simply fewer people living here. If you think trees make good neighbors, Wallace may be for you.
Residents of the village have the good fortune of having one of the shortest daily commutes compared to the rest of the country. On average, they spend only 17.21 minutes getting to work every day.
As is often the case in a small village, Wallace doesn't have a public transportation system that people use for their commute.
The education level of Wallace citizens is very high relative to the national average among all cities (21.84%): 34.86% of adults in Wallace have a bachelor's degree or even advanced degree.
The per capita income in Wallace in 2022 was $33,028, which is middle income relative to Nebraska and the nation. This equates to an annual income of $132,112 for a family of four. However, Wallace contains both very wealthy and poor people as well.
Wallace is a somewhat ethnically-diverse village. The people who call Wallace home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Wallace residents report their race to be White. Wallace also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 14.29% of the village’s residents. Important ancestries of people in Wallace include German, Swedish, Irish, Norwegian, and European.
The most common language spoken in Wallace is English. Other important languages spoken here include Spanish and Italian.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 5 residents per square mile, is less crowded than 98.4% of all U.S. neighborhoods.
While most Americans do drive to work alone each day, the neighborhood stands out by having 89.8% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 96.1% of all American neighborhoods.
Priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the neighborhood may actually hold the key. 69.8% of its residents are married, which is a higher percentage than is found in 96.1% of the neighborhoods in America.
In addition, if you're planning where to retire, the neighborhood in Wallace is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in NE, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 87.5% of the neighborhoods in Nebraska. If you are considering retiring to Nebraska, this is a good neighborhood to look at. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for families with school-aged children.
Did you know that the neighborhood has more Danish and German ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.4% of this neighborhood's residents have Danish ancestry and 36.2% have German ancestry.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the neighborhood in Wallace are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 61.7% of the neighborhoods in America. In addition, 5.4% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 63.4% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the neighborhood, 34.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 30.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (23.6%), and 9.2% in clerical, assistant, and tech support occupations.
The most common language spoken in the neighborhood is English, spoken by 95.7% of households. Some people also speak Polish (4.0%).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the neighborhood in Wallace, NE, residents most commonly identify their ethnicity or ancestry as German (36.2%). There are also a number of people of Irish ancestry (12.0%), and residents who report English roots (8.5%), and some of the residents are also of Mexican ancestry (5.9%), along with some Norwegian ancestry residents (3.5%), among others.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (51.1% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (89.8%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (6.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.