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Demographic Analysis of Zip Code 67761: Predominantly White Population in Wallace, Kansas
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 67761 in Wallace, Kansas, is classified as a "Low Diversity" community as of 2022. The population is predominantly white, with 88% identifying as such. The community has a population of 223 people and a median income of $64,065.
Over the past decade, Wallace has maintained its status as a "Low Diversity" community. The white population has consistently comprised over 75% of the total population. There are subtle signs of increasing diversity, with the Hispanic population growing from 3% in 2014 to 7% in 2022. The "Two or More Races" category emerged in 2016 at 1% and has since fluctuated between 1-3% of the population.
The median income in Wallace has shown overall growth from 2013 to 2022, with some fluctuations. The median income increased from $53,741 in 2013 to $64,065 in 2022, representing a 19.2% increase over nine years. The highest median income was recorded in 2019 at $71,279, followed by a significant drop in 2020 to $62,923. There has been a slight recovery in median income since 2020, though it has not returned to the 2019 peak.
The population of Wallace has been declining over the past decade. The highest recorded population was 297 in 2015. Since then, there has been a general downward trend, reaching 223 in 2022, a 24.9% decrease from the peak. There was a small uptick from 219 in 2020 to 223 in 2022, possibly indicating a stabilization or minor reversal of the declining trend.
The declining population in Wallace aligns with broader trends of population loss in many rural American communities. The overall increase in median income, despite population decline, suggests that those remaining in the community may be experiencing improved economic conditions. The gradual increase in Hispanic population and emergence of multiracial identities, while small, mirrors national trends of increasing diversity, albeit at a much slower pace than many urban and suburban areas.
Wallace represents a stable, predominantly white community experiencing slow demographic changes. While maintaining its "Low Diversity" status, there are signs of gradual diversification. The community has seen overall economic growth over the past decade, despite population decline, suggesting a complex interplay between demographic shifts and economic factors. The challenge for Wallace moving forward will be to navigate these changes while maintaining community cohesion and economic stability.
