Wallace County, Kansas: commercial real estate data.
Wallace County, Kansas has a population of 1,417 across 914 square miles, down 2.6 percent since the 2020 census base. County output reached $146.5 m in 2024, 62 establishments operate here, and the SBA record carries 1 7(a) approvals worth $670,000.
93 sourced county values · tier FULL · 10 sections
Wallace County
How many people live in Wallace County
- Population1,417
- Households599
- Average household size2.37
- Median household income$63,207
- Median age47.2
- Median gross rent$601 per month
- Median owner-occupied home value$105,000
- Home value to household income1.7 times
- Annual rent as a share of median income11.4 percent
- Adults 25 and over with a bachelor degree or higher24.5 percent
- Adults 25 and over with a graduate degree4.7 percent
- Adults 25 and over986
- Population under 18326
- Share under 1823.0 percent
- Population 65 and over369
- Share 65 and over26.0 percent
- Working age population, 18 to 64722
- Civilian labor force676
- Unemployment rate1.3 percent
- Labor force participation, adults 18 and over62.0 percent
- Rank by population among Kansas counties104th of 105
- Rank by population among US county-equivalents3161st
Wallace County is the 104th largest of 105 Kansas counties by population. A median home costs 1.7 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 26.0 percent against 23.0 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Wallace County
Is Wallace County growing
- Population change since the 2020 census base-2.65 percent
- Census 2020 base population1,512
- Births, 202418
- Deaths, 202415
- Natural change, 20243
- Net domestic migration, 2024-30
- Net international migration, 20240
- Total net migration, 2024-30
- Cumulative net domestic migration, 2021 to 2024-53
- Rank by growth among US county-equivalents2671st
The county has lost 2.65 percent of its population since the 2020 census base. Births exceeded deaths in 2024 but more people left than arrived, so the population is being sustained internally rather than attracting.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Wallace County
Where people moving to Wallace County come from
- Adjusted gross income arriving$0
- Net adjusted gross income movement$0
- Largest single originWallace County Non-migrants (535 households)
- Largest single destination (535 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Wallace County Non-migrants | 535 | 1,232 | $39.1 m |
The largest single source of arrivals is Wallace County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Wallace County
What the Wallace County economy runs on
- County GDP, 2024$146.5 m
- County GDP, 2023$117.1 m
- GDP change, 2023 to 202425.1 percent
- GDP change over five years46.1 percent
- Rank by GDP among Kansas counties99th
- Rank by GDP among US county-equivalents2989th
- GDP per resident$103,363
Output grew 25.1 percent in the latest year and 46.1 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Wallace County
Who employs people in Wallace County
- Covered employment, annual average535
- Establishments reporting95
- Average annual pay$39,979
- Average weekly wage$769
- Sector 11, employment63
- Sector 11, average annual pay$48,199
- Sector 42, employment62
- Sector 42, average annual pay$70,900
- Sector 44-45, employment40
- Sector 44-45, average annual pay$21,238
- Sector 72, employment24
- Sector 72, average annual pay$19,586
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 11 | 63 | 21 | $48,199 |
| Sector 42 | 62 | 10 | $70,900 |
| Sector 44-45 | 40 | 7 | $21,238 |
| Sector 72 | 24 | 4 | $19,586 |
The largest sector is the biggest private employer group at 63 jobs, 11.8 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Wallace County
What businesses operate in Wallace County
- Establishments, all industries62
- Employment at those establishments333
- Annual payroll$17.9 m
- Establishments per 1,000 residents43.8
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Wallace County
What is being built in Wallace County
- Housing units authorised by permit, 20240
- Declared construction value permitted$0
- Single family units authorised0
- Multifamily units authorised0
No residential units were authorised by permit in 2024. In a small county this is common and is not by itself a sign of distress, but it does mean there is no recent residential pipeline to read demand from.
US Census Bureau, Building Permits Survey, 2024 annual.
Wallace County
How much SBA lending happens in Wallace County
- 7(a) approvals recorded1
- 7(a) gross approval dollars$670,000
- Average 7(a) approval$670,000
- Median 7(a) approval$670,000
- 10th percentile approval$670,000
- 90th percentile approval$670,000
- Largest single approval$670,000
- Jobs reported supported, 7(a)6
- Jobs per approval6.0
- Distinct 7(a) lenders active1
- Distinct industries receiving approvals1
- Median 7(a) term166 months
- Share of loans on real estate terms, 240 months or longer0.0 percent
- Loans on real estate terms0
- Loans on working capital terms, 120 months or shorter0
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countSupermarkets and Other Grocery (except Convenience) Stores (1)
- Most active lenderFNB Bank (1)
The average approval of $670,000 sits close to the median of $670,000, so lending here is fairly evenly sized rather than driven by a few large deals. Only 0.0 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Wallace County
Do SBA loans in Wallace County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure1
Too few loans have reached a final outcome to publish a charge off rate. only 0 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Wallace County
How big is Wallace County
- Land area914 sq mi
- Rank by land area among Kansas counties21st of 105
- Width, east to west30.7 mi
- Height, north to south30.2 mi
- Geographies sharing a boundary4
- Residents per square mile of land2
- Establishments per square mile0.07
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No 504 approvals recorded in this county in the FOIA release covering FY2010 onward.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Wallace County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Wallace County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population1,417
- Households599
- Average household size2.37
- Median household income$63,207
- Median age47.2
Common questions
Wallace County questions, answered from the record.
How many people live in Wallace County, Kansas?
1,417, in 599 households, ranking 104th of 105 Kansas counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Wallace County growing?
The population has fallen 2.65 percent since the 2020 census base. In 2024 there were 18 births against 15 deaths, with net migration of -30. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Wallace County?
$63,207. The median owner-occupied home is valued at $105,000, which is 1.7 times income, and median gross rent is $601 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Wallace County?
62 establishments, employing 333 people with an annual payroll of $17.9 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Wallace County?
Average annual pay is $39,979, or $769 a week, across 535 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Wallace County?
1 7(a) approvals totalling $670,000 since FY2020, across 1 lenders, with a median approval of $670,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Wallace County?
No residential units were authorised by permit in 2024. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Wallace County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Wallace County come from?
The largest single origin is Wallace County Non-migrants, with 535 households. Arriving households report an average income of null against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Wallace County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Wallace County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.