Wallace is a tiny village located in the state of Nebraska. With a population of 299 people and just one neighborhood, Wallace is the 193rd largest community in Nebraska. Wallace has a large stock of pre-World War II architecture, making it one of the older and more historic villages in the country.
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 35.85% of people working in blue-collar occupations, while the average in America is just 27.7%. Overall, Wallace is a village of managers, construction workers and builders, and professionals. There are especially a lot of people living in Wallace who work in management occupations (15.09%), business and financial occupations (12.26%), and teaching (10.38%).
Because of many things, Wallace is a great place for families with children to consider. First of all, many other families with children live here, making Wallace a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Wallace has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Wallace’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
Residents will find that the village is relatively quiet. This is because it is not over-populated, and it has fewer college students, renters, and young children - all of whom can be noisy at times. So, if you're looking for a relatively peaceful place to live, Wallace is worth considering.
As is often the case in a small village, Wallace doesn't have a public transportation system that people use for their commute.
The overall education level of Wallace citizens is substantially higher than the typical US community, as 32.41% of adults in Wallace have at least a bachelor's degree, and the average American community has 21.84%.
The per capita income in Wallace in 2022 was $33,958, which is lower middle income relative to Nebraska, and middle income relative to the rest of the US. This equates to an annual income of $135,832 for a family of four. However, Wallace contains both very wealthy and poor people as well.
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. Important ancestries of people in Wallace include German, English, Swedish, Irish, and European.
The most common language spoken in Wallace is English. Other important languages spoken here include Spanish and Italian.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
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. 75.4% of its residents are married, which is a higher percentage than is found in 99.1% 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 89.9% 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.
This neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on NeighborhoodScout's exclusive analysis, with only 5 people per square mile living here, this neighborhood is less crowded than 98.4% of America.
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the neighborhood has a highly unusual pattern of car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 33.7% of the households here have four, five, or more cars. That is more cars per household than in 95.3% of the neighborhoods in the nation.
While most Americans do drive to work alone each day, the neighborhood stands out by having 87.4% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 95.3% of all American neighborhoods.
Did you know that the neighborhood has more German and Czechoslovakian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 44.5% of this neighborhood's residents have German ancestry and 0.7% have Czechoslovakian ancestry.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a 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 64.3% of the neighborhoods in America. In addition, 4.9% 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 64.1% of America's neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the neighborhood, 41.3% 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 28.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.0%), and 7.0% in clerical, assistant, and tech support occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the neighborhood is English, spoken by 97.8% of households. Other important languages spoken here include Polish and Spanish.
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 (44.5%). There are also a number of people of Irish ancestry (15.7%), and residents who report English roots (11.2%), and some of the residents are also of Mexican ancestry (4.2%), along with some Swedish ancestry residents (3.1%), 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 (47.2% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (87.4%) 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 (6.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.