Wallace is located in Indiana. Wallace, Indiana has a population of 153. Wallace is more family-centric than the surrounding county with 30.56% of the households containing married families with children. The county average for households married with children is 28.51%.
The median household income in Wallace, Indiana is $59,844. The median household income for the surrounding county is $54,475 compared to the national median of $69,021. The median age of people living in Wallace is 24 years.
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 16.8 degrees. The average rainfall is approximately 40.9 inches per year, with 20.8 inches of snow per year.