Wallace is a town in Fountain County, Indiana, home to about 140 people across 0.1 square miles. It has no ZIP code of its own: it’s part of 47949.
Homes sold for a median of $112 per square foot in the three months ending August 2026, a seller’s market.
Mostly Hillsboro; part is in Wallace
Each card is that ZIP code’s whole market, including any part outside Wallace. Seller’s market: under 4 months of supply; buyer’s market: over 6. Methodology
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| Nearest major airport | Indianapolis International Airport (IND)52 miles away |
|---|---|
| Closer regional airport | Purdue University Airport (LAF)25 miles away |
| Nearest city of 250,000+ | Indianapolis, IN57 miles away |
| Nearest city of 1 million+ | Chicago, IL124 miles away |
Straight-line distances from the center of Wallace; driving is longer.
Source: Airports from OurAirports (scheduled passenger service); city centers and populations from the U.S. Census Bureau.
Source: Members of Congress from the congress-legislators project; districts from the Census Bureau’s relationship files; governor and mayor from Wikidata.
Wallace had 79 residents in the 2020 census, down 21% since 2000.
It’s the 629th largest of 693 towns in Indiana by population.
Fountain County grew from 21,446 residents in 1900 to 16,479 in 2020.
Fountain County, 1900–2020
Source: U.S. Census Bureau decennial censuses (counties 1900–1990 from the Bureau’s historical county file).
Average highs peak around 84°F in summer, and winter lows average 16°F. About 40 inches of rain and melted snow fall in a typical year, with about 23 inches of snow.
Source: NOAA 1991–2020 climate normals, Attica 2e, IN weather station (14 miles away).
4,384 jobs at 332 businesses in Fountain County. The biggest industries by employees:
Source: U.S. Census Bureau County Business Patterns 2023 (private employers; jobs counted where people work).
Nearest hospitals
Source: Hospitals from CMS Hospital General Information (ratings are CMS overall star ratings); straight-line distances.
Theaters and performance venues
Counts are within about 1 mile of the center of town.
Source: Map data © OpenStreetMap contributors (openstreetmap.org/copyright), as mapped by volunteers; it can miss places or include closed ones.
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Shares ZIP codes with Hillsboro.
Town boundaries don’t always match ZIP codes: a ZIP code can cross into neighboring towns, and a town can share a ZIP code with its neighbors. Facts describe the town itself; market figures describe whole ZIP codes.