Elementary School District · IL
Wallace Community Consolidated School District 195
Wallace Community Consolidated School District 195 is a elementary school district in Illinois with a community population of 2,937. The median household income is $98,068 and the median age is 37.8.
2,937
Population
60
People / sq mi
$98,068
Median Income
37.8
Median Age
Wallace Community Consolidated School District 195 covers 49 sq mi of land at 60.2 people per square mile.
Race & Ethnicity
| White | 95.8% |
| Black or African American | 0.0% |
| Asian | 66.5% |
| Hispanic or Latino (any race) | 0.0% |
Economy & Income
$98,068
Median Household Income
$49,658
Per Capita Income
16.5%
Poverty Rate
2.2%
Unemployment
Housing
$279,500
Median Home Value
$1,012
Median Rent
84.1%
Homeownership
Education Attainment
90.2%
High School+
28.8%
Bachelor's+
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Frequently Asked Questions
Wallace Community Consolidated School District 195 serves a community with a population of 2,937 according to the latest Census ACS 5-Year estimates. This elementary school district is located in Illinois.
The median household income in Wallace Community Consolidated School District 195 is $98,068, with a per capita income of $49,658. The poverty rate is 16.5%.
Wallace Community Consolidated School District 195 is 95.8% White, 0.0% Black or African American, 66.5% Asian, and 0.0% Hispanic or Latino, per Census ACS data.
In Wallace Community Consolidated School District 195, 90.2% of adults have a high school diploma or higher, and 28.8% hold a bachelor's degree or higher, per Census ACS estimates.
The median home value in Wallace Community Consolidated School District 195 is $279,500, with a median rent of $1,012. The homeownership rate is 84.1%.
More from Illinois
Data for Wallace Community Consolidated School District 195 from the American Community Survey 5-Year estimates. Land area from Census Gazetteer files. This is a elementary school district (GEOID: 1740530).
For this entity, the underlying data on this page comes from the U.S. Census Bureau ACS and decennial files. The breakdown above is the federal record; the paragraphs below add the per-entity context that makes the headline numbers usable for a real decision rather than just a data lookup.
The methodology behind every numeric value on this page is publicly documented on the the U.S. Census Bureau ACS and decennial files portal and described in detail on this site’s methodology page. Refresh cadence varies by underlying series; the page surfaces the as-of date for each number so readers can trace any figure back to the source release.
Practical use of this page is in combination with the comparison and ranking pages elsewhere on the site, which surface the same data for this entity’s peers within U.S. states, metros, cities, and ZIPs. A single-entity reading without peer context can be misleading when an entity is an outlier on one axis but typical on another.
Source: U.S. Census Bureau ACS, 2026.