Wallace, Idaho (83873) is a city located in Northern Idaho and has a population of 708 according to the 2019 American Community Survey. The city has a strong economy with an unemployment rate of 6.3% and median household income of $32,917. Wallace is well known for its mining history, as it hosts the world's largest silver mine. Despite its small size, Wallace boasts many amenities that make it attractive to people looking for a rural lifestyle close to larger cities such as Coeur d'Alene and Spokane.
Wallace ranks highly when it comes to quality of life indicators. According to Bestplaces.net, the city ranks third in the state for weather and fifth in overall cost of living. It also ranked fourth in the state for health care access and seventh overall for crime rate. In terms of education, Wallace ranks sixth in the state for high school graduation rates and first overall for college readiness scores. Overall, these rankings demonstrate that Wallace provides residents with excellent amenities that are often found only in larger cities.
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