Wallace town, South Dakota Demographics & Population 2026
As of 2026, Wallace town, South Dakota has a total population of 67, the 342nd largest city in South Dakota, with a median household income of $53,750, which is 26% lower than the state average. The poverty rate is 3.0%.
Key Takeaways
- An exceptionally low poverty rate of 3.0% — among the lowest in South Dakota.
- Housing is very affordable with a home-value-to-income ratio of just 1.6x.
- Near full employment with an unemployment rate of just 0.0%.
Wallace town Quick Facts
How Wallace town Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 33 | National average: 60
Education
Educational Attainment (Adults 25+)
Wallace town Rankings in South Dakota
Explore South Dakota Rankings
Other Cities in Codington County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Watertown city | 22,859 | $62,721 | 10.7% | $212,300 |
| Florence town | 289 | $69,531 | 11.3% | $137,500 |
| Henry town | 246 | $27,254 | 3.7% | $85,100 |
| South Shore town | 232 | $56,667 | 26.3% | $82,800 |
| Kranzburg town | 174 | $60,625 | 10.3% | $123,300 |
Cities Similar to Wallace town
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Kaylor CDP | 68 | N/A | N/A | 42.0% | 13.2% |
| Jamesville Colony CDP | 66 | N/A | N/A | 0.0% | 0.0% |
| Shamrock Colony CDP | 65 | N/A | N/A | 63.9% | 36.1% |
| Clearfield Colony CDP | 70 | N/A | N/A | N/A | 100.0% |
| Cow Creek CDP | 64 | N/A | N/A | 22.6% | 0.0% |
Population Overview
Wallace town is a small community located in South Dakota, within Codington County. The total population is 67. It ranks as the 342nd most populous out of 439 cities and towns in South Dakota.
Age Demographics
The median age in Wallace town is 48.5 years. This is 29% higher than the state median of 37.7 years. With 32.8% of the population under 18, Wallace town has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Wallace town is $53,750. This is 26% lower than the state median of $72,421. Compared to the national median of $78,538, household income here is 32% lower. The poverty rate stands at 3.0%. This is 75% lower than the state poverty rate of 12.0%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 0.0%. This is 100% lower than the state rate of 3.0%. The median home value is $85,600. Housing costs are 64% lower than the state median of $236,800. With a home-value-to-income ratio of just 1.6x, Wallace town is one of the most affordable housing markets in the area. 84.0% of occupied housing units are owner-occupied. This homeownership rate is 22% higher than the state average of 68.6%.
Race & Ethnicity
Wallace town has a predominantly White (non-Hispanic) population, comprising 95.5% of all residents.
Education
17.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 43% lower than the state rate of 31.1%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.3%.
Data Sources & Methodology
All demographic data for Wallace town, South Dakota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against South Dakota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 439 Census-designated places in South Dakota. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Wallace town, South Dakota?
Wallace town, South Dakota has a population of 67 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Wallace town, SD?
The median household income in Wallace town is $53,750, which is 32% lower the national median of $78,538.
What is the poverty rate in Wallace town, SD?
The poverty rate in Wallace town is 3.0%. This means approximately 2 residents live below the federal poverty line.
What is the racial makeup of Wallace town, South Dakota?
Wallace town's population is 95.5% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Wallace town, SD?
The median home value in Wallace town is $85,600. The home-value-to-income ratio is 1.6x.
How educated is Wallace town, South Dakota?
17.8% of adults (25+) in Wallace town hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.