Last updated: 2024 BLS data · Page refreshed:
Wallace has a population of 277 with a median age of 46.7. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 277 |
| Median Age | 46.7 |
| White | 75.1% |
| Black or African American | 1.1% |
| Hispanic or Latino | 16.2% |
| Other / Two or More Races | 7.6% |
The median household income in Wallace is $33,403, which is 58.6% below the national median of $80,610. The per capita income is $23,185. The poverty rate is 37.5%.
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In Wallace, 84.4% of residents age 25+ have a high school diploma or higher, and 5.4% hold a bachelor's degree or higher.
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 84.4% |
| Bachelor's Degree or Higher | 5.4% |
The median home value in Wallace is $48,800, below the national median of $303,400. The homeownership rate is 90.3%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $48,800 |
| Homeownership Rate | 90.3% |
| Vacancy Rate | 13.7% |
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