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Wallace is a town in Fountain County.
The community was named for Gov. David Wallace
The latitude of Wallace is 39.986N. The longitude is -87.148W.
It is in the Eastern Standard time zone. Elevation is 699 feet.The estimated population, in 2003, was 99.
Sections below provide additional information and links about Wallace demographics, travel and tourism, nearby airports, cemeteries, the Fountain County economy, education, environment, genealogy, government, historic sites, libraries, maps, museums, newspapers and other media, nonprofit groups, real estate, recreation, religion, transportation, and weather in the 47949 ZIP code.

14% of Wallace residents report German ancestry, and 8% report Irish. For more info on local ancestry groups, see the Wallace ancestry & family history guide.
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At the time of the 2000 census, the per capita income in Wallace was $10,386, compared with $21,587 nationally.
11% of Wallace residents age 25 and older have a bachelor's or advanced college degree.
Median rent in Wallace, at the time of the 2000 Census, was $275. Monthly homeowner costs, for people with mortgages, were $661.
Fountain County supported George W. Bush in the 2004 presidential election. For more information, see our Wallace political report.
The average commute time for Wallace workers is 23 minutes, compared with 26 minutes nationwide.
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