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LOCAL GUIDE

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All About

Living In Wallace, ID

Wallace, Idaho is a small town with slightly less than 1,000 residents. Middle-aged professionals will feel welcome, as they make up an above-average portion of the community, while young professionals feature less prominently in the demographics. With an average age of just over 42, the town's population is older than most cities in Idaho. In terms of housing, residents are fairly evenly split between owning (51%) and renting (49%) their home. With a relatively reasonable average rent of $654/month in the town, renting remains an affordable option, particularly compared to other cities in Idaho. Over the course of 12 months, renters in Wallace will save around $2,400 compared to the state average.

Averaging about 19 minutes, Wallace's commute time is quicker than the Idaho average of about 21 minutes. Many residents (32%) commute to work by car, while public transportation is not used. Walking (9%) isn't a common way to get to work, though the number is significantly greater than the national average.

There are plenty of industries from which to choose in Wallace, the most common four of which are entertainment, retail, healthcare, and construction. Together, these industries make up 30% of the town's labor force. Meanwhile, in terms of job function, 7% of the town's population works in food service, which ranks as the top career path in the town. Wallace workers earn an average annual income of just over $41,000, less than the Idaho average. Wallace's average income also trails the national average of $73,345. Wallace has a relatively high number of residents older than 25 who have a high school degree or GED (22%) compared to the national average. Furthermore, 9% possess a Bachelor's degree and 2% have a Master's or Doctoral degree.


Frequently Asked Questions About Wallace

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Local Guide