Wallace, ID Real Estate
According to census data in the year 2000 there were 581 housing units in Wallace.
This represents a 2.7% decline from 597 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 581 were located in what is classified as a rural area.
Homeownership rate in Wallace is about 56.6%.
Wallace's vacancy rate, including seasonal lodging, is about 26.7%.
Average household size is 2.09 people.
The majority of houses, apartments or condos in Wallace were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 25.60% |
| Two Bedrooms | 29.60% |
| Three Bedrooms | 28.20% |
| Four Bedrooms | 12.70% |
| Five Bedrooms or more | 2.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.13 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $59,300 |
| Median Price asked for vacant units | $51,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.04 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $310 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.20% |
| Home Equity Loan | 4.20% |
| Simple Mortgage | 43.20% |
| Debt Free | 47.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19% |
