| Statistic | Wallace | Idaho | National |
| Population | 1,076 | 1,787,065 | 328,239,523 |
| Population density (sq mi) | 1,185 | 22 | 91 |
| Median age | 40.7 | 35.7 | 37.7 |
| Male/Female ratio | 1.1:1 | 1.0:1 | 1.0:1 |
| Married (15yrs & older) | 49% | 60% | 55% |
| Families w/ Kids under 18 | 42% | 45% | 43% |
| Speak English | 95% | 89% | 79% |
| Speak Spanish | 4% | 8% | 13% |
The population of Wallace is 1,076, with a population density of 1,185 people per square mile, diverging from the national average of 91. The median age is 40.7 and 49% of individuals aged 15 or older are married, while 42% have children under 18. As far as income equality in Wallace goes, 21% of households have a median income below $25,000, whereas 8% report an income exceeding $150,000. The Wallace demographics data can provide indispensable insights into the composition, dynamics and needs of cities, towns or even villages, empowering planners, developers and policymakers to devise strategies that foster prosperity, equity and well-being for all residents.
The Wallace racial demographics and ethnicity breakdown serves as a critical tool for understanding and addressing systemic inequities, promoting social justice and inclusion and building stronger, more resilient communities. The racial breakdown in Wallace is 95.9% White, 0.3% Black or African American, 0% Asian, 0.5% American Indian and 0% Native Hawaiian - 5.2% of the population identify as Hispanic or Latino. Of all households, 95.3% reported speaking English only, while 3.8% reported speaking Spanish only. A total of 1.9% of residents were considered foreign born.
Wallace has a population density that is well above-average, which plays a pivotal role in promoting environmental sustainability by reducing per capita energy consumption, greenhouse gas emissions and land use. Its compact urban development encourages energy-efficient buildings, active transportation modes like walking and cycling and the utilization of public transit, fostering sustainable lifestyles and mitigating environmental impact. Additionally, the area's dense population contributes to a vibrant social and cultural scene, featuring a diverse array of cultural events, festivals and community activities. This cultural diversity fuels creativity, innovation and cross-cultural exchange, enhancing the community's social fabric. Wallace has a population density of 1,185 people per square mile, exceeding the national average of 91 and positions itself in a good spot to reap the benefits of densely populated areas.
Education Allocation: Wallace demographics can play a pivotal role in guiding education planning, offering insights into student demographics, school enrollment patterns, and educational requirements. This data aids schools and policymakers in resource allocation and the development of effective educational programs. It serves as a critical tool for identifying disparities in educational access and outcomes among diverse demographic groups, such as racial and ethnic minorities, socio-economic status, and students with disabilities. Through the disaggregation of data by demographic factors, education planners can pinpoint areas of inequity and implement targeted interventions to enhance access, support, and outcomes for marginalized students. Ultimately, Wallace demographic data is indispensable in education for advancing equity, fostering student achievement, and cultivating inclusive learning environments tailored to the needs of all students.
Healthcare Planning: The analysis of Wallace demographics can offer insights into healthcare planning and delivery, identifying population health needs, disparities and risk factors. By understanding demographic trends, healthcare providers and policymakers can allocate resources effectively, develop prevention and intervention programs and address health inequities within communities. Through the use of demographic data and statistics, healthcare providers and policymakers aim to achieve equitable, accessible and high-quality healthcare for all individuals and communities. This proactive approach to healthcare planning ensures targeted interventions, efficient resource allocation and customized healthcare services to meet the diverse needs of populations.
Social Cohesion: Analyzing demographics is vital for nurturing social cohesion and fostering understanding among diverse communities. By embracing and respecting variations in Wallace demographics, societies can advance inclusivity, diversity and social unity while combatting social inequalities and advocating for equal opportunities. Racial demographics mirror the diversity within a population and can be instrumental in cultivating inclusive and inviting communities. Embracing diversity strengthens social bonds, fosters cultural appreciation and enriches society by acknowledging the contributions of individuals from various racial and ethnic backgrounds.
| Race | Wallace | Idaho | National |
| White | 95.91% | 91.30% | 73.35% |
| Black | 0.28% | 0.64% | 12.63% |
| Asian | 0.00% | 1.32% | 5.22% |
| American Indian | 0.46% | 1.31% | 0.82% |
| Native Hawaiian | 0.00% | 0.12% | 0.18% |
| Mixed race | 3.16% | 2.57% | 3.06% |
| Other race | 0.19% | 2.74% | 4.75% |
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