F

Wallace, ID

Source:

Affordability Score: 33/100

Population: 1,591 · 1 ZIP codes

The affordability dashboard for Wallace, ID aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 1,591 residents, then layers in county-level federal data to produce an overall grade of F (33/100). The headline inputs are median household income of $45,852, median home value of $278,500, median rent of $686 per month, and 15.5% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,128 per month (studio $837, 1BR $860, 3BR $1,352, 4BR $1,892). Department of Labor data lists infant center-based childcare at $6,260 per year, consuming 14% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Pressure points are income, education, housing. Unemployment currently reads 9.0% and poverty 22.6% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income F
$45,852
Median household income
Education F
15.5%
Bachelor's degree or higher
Housing F
6.1x
Home value $278,500 vs income
Commute N/A
N/A
Average commute time
Rent C-
$1,128/mo
2BR fair market rent (30% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare C
$6,260/yr
Center-based infant care (14% of income)

Income & Employment

Median Income
$45,852
▼ 26% vs national
Per Capita Income
$28,288
Unemployment Rate
9.0%
Poverty Rate
22.6%

Housing

Median Home Value
$278,500
▲ 1% vs national
Median Rent
$686/mo
Owner Occupied
67.7%
2BR Fair Market Rent
$1,128/mo
▼ 6% vs national

Fair Market Rents by Bedroom

Studio
$837
1BR
$860
2BR
$1,128
3BR
$1,352
4BR
$1,892

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
15.5%
▼ 14 ppt vs national
High School+
56.5%
Median Age
50.8
Avg. Commute

Childcare Costs

Infant (Center)
$6,260/yr
14% of income
Toddler (Center)
$6,031/yr
Preschool (Center)
$5,565/yr
School-Age (Center)
$5,403/yr

What This Means

Wallace, ID receives an overall affordability grade of F (33/100), aggregated from 1 ZIP codes with a total population of 1,591. Challenges include income and education and housing. Data was unavailable for commute, safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

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What are common questions about this dashboard?

Is Wallace, ID affordable?
Wallace, ID receives an overall affordability grade of F (33/100) based on Census, HUD, FBI, and DOL data. Median household income is $45,852. Median home value is $278,500.
What is the cost of living in Wallace?
Key cost metrics: Median rent $686/mo. 2BR fair market rent $1,128/mo. Infant childcare $6,260/yr. Median home value $278,500.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →