Below Average
#1501 of 1,823 schools in IN
Wallace Elementary School
Elementary School · Kokomo School Corporation
2326 W Jefferson St, Kokomo, IN 46901
Enrollment
361
Student-Teacher
17.2:1
Score
4.9
Grades
Kindergarten – 5th
Enrollment
361
Student-Teacher
17.2:1
Score
4.9
Grades
Kindergarten – 5th
Updated
2022-23
Updated 2022-23
How this school compares
In Kokomo
#15 of 19
public schools
Indiana elementary schools
#860 of 1,047
In district
#9 of 11
Kokomo School Corporation
School environment
8.3 / 10
Very strong
About Wallace Elementary School
Wallace Elementary School serves 361 students in kindergarten through fifth grade in Kokomo, Indiana, with a student-teacher ratio of 17.2:1 and 21 full-time equivalent teachers. This regular public school has earned recognition as one of Indiana's top-performing elementary schools, ranking #215 out of 1,831 schools statewide and placing in the 88th percentile. Academically, Wallace Elementary demonstrates strong student achievement with 62% of students scoring proficient or above in English Language Arts and reading, while 60% meet proficiency standards in mathematics.
The school's academic performance has earned it a solid 8.6 out of 10 rating in this area, contributing to an overall MySchoolScout rating of 7.2 out of 10. The school draws families from a working-class neighborhood where the median household income is $59,629 and median home values are $119,000. With 18% of adults holding bachelor's degrees or higher and a poverty rate of 13.7%, the community reflects the characteristics of many Indiana small cities.
Wallace Elementary provides a stable educational foundation for students in this diverse Howard County community, serving as an anchor institution in Kokomo's residential landscape.
Score Breakdown
Full Profile · 3/3 metricsView breakdown
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Wallace Elementary School — Students at Wallace Elementary School score 46% proficient, which is above what's typical for similar communities (expected: 43%).
Equity & Diversity
Shown separately, not included in overall scoreFree/Reduced Lunch
44.9%
Students qualifying for federal meal assistance
Test Scores IN ILEARN (2024-25)
Based on 15 test records from IN state assessments. About our data
Proficiency Trend
↓ DecliningAverage proficiency (% at or above grade level) across Math & ELA over time.
* COVID-affected year — test participation was uneven nationwide. This data is weighted at 50% in the Growth score calculation.
Source: EdFacts (NCES) and state assessment data. Growth score: 2.1/10.
How Wallace Elementary School Compares
See how Wallace Elementary School performs across key quality dimensions compared to state benchmarks.
Funding & Resources
Performance Trends
Math proficiency has declined from 72% (2019) to 49.16% (2025). Reading/ELA proficiency has declined from 67% (2019) to 43.58% (2025).
Location
2326 W Jefferson St, Kokomo, IN 46901
Nearby Alternatives
Families considering Wallace Elementary School may also want to explore other elementary schools in the area. Boulevard Elementary School (rated 8.1/10, 2.2 miles away), which scores notably higher. Another option is REDEEMER LUTHERAN SCHOOL (rated 7.5/10, 4.0 miles away), which scores notably higher. Additionally, Northwestern Elementary School (rated 7.3/10, 3.3 miles away), which scores notably higher. For more schools in Kokomo, see our Kokomo schools guide .
Nearby Schools
20 within 5.4 mi| School | Distance | Rating |
|---|---|---|
| Lafayette Park Elementary School Kokomo | 0.7 mi | 5.8 |
| Pettit Park School Kokomo | 1.2 mi | 6.1 |
| Boulevard Elementary School Kokomo | 2.2 mi | 8.1 |
| Excel Center - Kokomo Kokomo | 1.8 mi | 3.4 |
| Kokomo High School Kokomo | 2.5 mi | 8.4 |
| ACACIA ACADEMY Kokomo | 2.0 mi | 7.1 |
| Central Middle School Kokomo | 2.0 mi | 7.1 |
| Bon Air Elementary School Kokomo | 2.6 mi | 4.5 |
| Bon Air Middle School Kokomo | 2.6 mi | 5.2 |
| THE CHILDREN'S CHRISTIAN ACADEMY Kokomo | 3.1 mi | — |
| Maple Crest Middle School Kokomo | 2.9 mi | 6.6 |
| Northwestern Middle School Kokomo | 3.1 mi | 6.1 |
| Northwestern Senior High School Kokomo | 3.2 mi | 7.4 |
| Sycamore Elementary School Kokomo | 2.8 mi | 4.0 |
| FD REESE CHRISTIAN ACADEMY Kokomo | 2.8 mi | — |
| Elwood Haynes Elementary School Kokomo | 3.0 mi | 6.7 |
| Northwestern Elementary School Kokomo | 3.3 mi | 7.3 |
| REDEEMER LUTHERAN SCHOOL Kokomo | 4.0 mi | 7.5 |
| Taylor Elementary School Kokomo | 5.1 mi | 5.5 |
| Western Middle School Russiaville | 5.4 mi | 5.8 |
Neighborhood Census ACS (2019-2023)
Census data for ZIP 46901 (ACS 2019-2023 5-Year Estimates) · Data sources
Median Income
$61,041
Median Home Value
$131,700
Median Rent
$869/mo
Population
38,254
College Educated
17.3%
Homeownership
72.1%
Avg Commute
21.6 min
Poverty Rate
13.6%
Median Age
40.5
Community Profile
The community surrounding Wallace Elementary School has a median household income of $61,041. It is a community where 17% of adults hold a bachelor's degree or higher. The median home value in the area is $131,700, with a median rent of $869/month. The area has a poverty rate of 13.6%. The average commute for residents is 22 minutes. Source: U.S. Census ACS 2022 5-Year Estimates.
Similar Schools
Schools in the same state with comparable level, size, and ratings
| School | Rating |
|---|---|
| Jimtown Elementary School Elkhart, IN | 4.9 |
| Lincoln Elementary School Cedar Lake, IN | 4.9 |
| Lincoln Trail Elementary School Lamar, IN | 4.9 |
| Morgan Elementary School Palmyra, IN | 4.9 |
| West Noble Elementary School Ligonier, IN | 4.9 |
| Woodland Elementary School Elkhart, IN | 4.9 |
Frequently Asked Questions
Common questions about Wallace Elementary School
What grades does Wallace Elementary School serve?
Wallace Elementary School serves students in grades Kindergarten through 5th.
How many students attend Wallace Elementary School?
Wallace Elementary School has an enrollment of approximately 361 students.
What is the student-teacher ratio at Wallace Elementary School?
The student-teacher ratio at Wallace Elementary School is 17.2:1. A lower ratio generally means more individual attention per student. The national average is approximately 16:1 for public schools.
How does Wallace Elementary School rank in IN?
Wallace Elementary School is ranked #1501 out of 1,823 schools in IN.
What is Wallace Elementary School's MySchoolScout rating?
Wallace Elementary School has a composite rating of 4.9 out of 10 on MySchoolScout. This score combines academic performance, student growth, and school environment into a single score. Equity data is shown separately for context.
What are the test scores at Wallace Elementary School?
Based on the most recent state assessment data, Wallace Elementary School has 54.0% math proficiency and 49.7% reading/ELA proficiency.
Is Wallace Elementary School a charter school?
No, Wallace Elementary School is not a charter school. It is a traditional public school operated by the local school district.
Is Wallace Elementary School a Title I school?
No, Wallace Elementary School is not currently a Title I school.
What does the Free & Reduced Lunch percentage mean for Wallace Elementary School?
44.9% of students at Wallace Elementary School qualify for free or reduced-price lunch. This is a commonly used indicator of economic need and provides important context when interpreting test scores.
Explore More Schools
Neighborhood Context
- City Safety
- High (1,905/100K)
FBI UCR 2024. City-level (Kokomo). Data >1 year old.
Quick Facts NCES CCD (SY 2022-23)
- Grades
- Kindergarten – 5th
- Enrollment
- 361
- Student-Teacher Ratio
- 17.2:1
- Teachers (FTE)
- 21
- Free/Reduced Lunch
- 44.9%
- Type
- regular
- Setting
- Small City
- County
- Howard County
- Phone
- (765) 455-8000
- Data Year
- 2023–2024
Resources & Links
District
Kokomo School Corporation- District Enrollment
- 5,393
- Schools in District
- 14
- Per-Pupil Spending
- $12,699
- District Rank
- #9 of 11
How We Rate Schools
Every school receives a composite score from 1 to 10 based on four pillars: Academic Performance (50%), Student Growth (20%), Equity (15%), and Learning Environment (15%). Scores are built from publicly available data including standardized test results, enrollment figures, and school climate indicators.
Read our full methodologyRelated reading
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