Wallace, SD Real Estate
According to census data in the year 2000 there were 46 housing units in Wallace.
This represents a 11.5% decline from 52 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 46 were located in what is classified as a rural area.
Homeownership rate in Wallace is about 75%.
Wallace's vacancy rate, including seasonal lodging, is about 13%.
Average household size is 1.65 people.
The majority of houses, apartments or condos in Wallace were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 17.40% |
| Two Bedrooms | 30.40% |
| Three Bedrooms | 47.80% |
| Four Bedrooms | 4.30% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.77 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $20,000 |
| Median Price asked for vacant units | $22,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.3 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $575 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 25% |
| Debt Free | 75% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.5% |
