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Wallace, Nebraska

village · Lincoln County

At a glance

266
Population
$107,900
Median home value (all homes)
64% below U.S. median
$128,020
Typical market value
Zillow, 2026-07
$732/mo
Median rent
46% below U.S. median
$63,125
Median household income
20% below U.S. median
15.5 min
Average commute
78%
Homes with broadband
100%
Locations with fiber available
4.5%
Unemployment

Cost of living (Clay Affordability Index)

CAI 81 — 19% below the national average. how it's computed

Housing47% below
Goods & services6% below
Utilities24% above
Taxes30% below
Insurance7% below
Commute cost44% below
For business: Nebraska is CBII band 2/5 · time to build band 1/5. See state page for the breakdown.

Living here

Nearest 4-year college109 mi
Nearest community college29 mi
Nearest technical college167 mi
High school graduates91.7%
College graduates32.4%

Doing business here

Economic development contacts, most local first:

state Nebraska Dept. of Economic Development
Our mission is to provide quality leadership and services that enable Nebraska’s communities, businesses, and people to succeed in a global economy, with programs and resources for starting and growing a business, housing, and economic recovery.
state Union Pacific Railroad Industrial Dev
Union Pacific's Industrial Development team provides guidance and rail project management to help businesses build, expand, or locate rail-served sites on Union Pacific’s expansive network, connecting them to the global economy.
State sales taxYes
State income taxYes
Right-to-work stateYes

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