Wallace, IN

Population
82
U.S. Census Population Estimates Program · 2025
Elevation
700 ft
Median Home Value
$103,400
U.S. Census American Community Survey 5-Year · 2024
Median Income
$75,500
U.S. Census American Community Survey 5-Year · 2024

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Wallace in context.

About Wallace

Wallace, originally named Jacksonville, is a town located in Jackson Township, Fountain County, Indiana, United States. The 2020 census counted 79 residents. Jacksonville, one of Fountain County's early settlements, was established by John Bowman and his father Henry in the early 1830s on land situated just north of Mill Creek and was named for Andrew Jackson. The town's name in informal speech was often shortened to "Jackville". Taken together, these details give a newcomer a usable picture of Wallace, where its history, geography, and current gathering places meet. For Wallace, the memorable detail is the way older history and current gathering places share one local map. Wallace is located adjacent to Mill Creek, which flows from the northeast and borders the town to the east and south.

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