Wallace, a city located in the state of Idaho (ID), is home to a population of approximately 1,083 people. Wallace boasts a median age of 43.1, with around 28.7% of its residents aged 60 or above. 8.8% of the population identifies as US Veterans. 35.2% of Wallace residents are disabled. The city has an average household income of $49,052, while the unemployment rate stands at 3.5%, and around 23.1% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Wallace is $162,659, with a monthly rent averaging $726.