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Welcome To KEY TO THE CITY's Page For
Wallace
Fountain County, Indiana
ZipCodes
47988
History & History-related items
Wallace was originally known as Jacksonville, though many shortened the name to Jackville. It was established in the early 1830's by JOhn Bowman and his father, Henry. It was named for Andrew Jackson. When the post office was established here, the town was renamed by Bowman and Judge Mitchell Black to honor the governor at the time, David Wallace. Eventually, the town name was officially changed to Wallace.
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The number of housing units was:
1990 - 38
2000 - 40
Median household income:
2000 - $ 39,583
2005 - $ 40,100
Median house value:
2000 - $ 46,700
2005 - $ 52,800
Wallace is located in the Eastern Time Zone and does participate in daylight savings time during a portion of the year.
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