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CITY

Wallace

California · 714 residents · 4.585 sq mi
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The short version

Wallace is significantly wealthier than the US average, with a median household income of $143,650. The city has more than doubled in size since 2000, adding 494 residents. Median home value has roughly tripled since 2000, reaching $581,200. Poverty is rare here, at 0.0% of residents. It ranks in the top 5% of US cities for household income. Households here earn about 45% more than the California median.

At a glance
Wealthier
above the US median
US median: $82,259
Mid-age
median age 40.9
US median: 38.9
Average education
32% hold a bachelor's degree
US average: 36%
Less affordable
home values up 68%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
714
+225%since 2000
from 220 in 2000
2000 – 2024
Population density
156 / sq mi
+225%since 2000
from 48 / sq mi in 2000
US average: 281
Median age
40.9
−11%since 2000
from 45.8 in 2000
US average: 38.9
Population, 2000 – 2024
02905808701K2000201020202024Wallace
2024714
2000201020202024
Section 02

Income & economy

Median household income
$143,650
+18%inflation adjusted, since 2000
from $66,607 in 2000
US average: $82,259
2000 – 2024
Per capita income
$43,786
+63%since 2000
from $26,895 in 2000
US average: $44,673
Households earning $100K+
66.9%
+31.9 ptssince 2009
from 35.0% in 2009
US average: 53.3%
Poverty rate
0.0%
Unchangedsince 2000
from 0.0% in 2000
US average: 12.5%
Income inequality (Gini)
0.308
−38%since 2010
from 0.500 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade24.3%
US avg: 9.9%
Transportation & warehousing12.6%
US avg: 2.2%
Other services5.9%
US avg: 6.7%
Information3.5%
US avg: 10.8%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Wholesale trade0%
US avg: 6.9%
Finance & insurance0%
US avg: 5.9%
Professional, scientific, technical0%
US avg: 5.1%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$581,200
+68%inflation adjusted, since 2000
from $190,000 in 2000
US average: $376,019
2000 – 2024
Owner-occupied
64.5%
−22.9 ptssince 2000
from 87.4% in 2000
35.5% rent
Vacancy rate
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 10.0%
Owner cost-burdened
13.3%
−51.7 ptssince 2009
from 65.0% in 2009
US average: 22.9%
Renter cost-burdened
78.2%
+78.2 ptssince 2021
from 0.0% in 2021
US average: 47.4%
Afford Score
4.0
+42%since 2000
from 2.9 in 2000
2000 – 2024
Gentrification Score
75
RELATED:See current rent listings in Wallace on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic86.8%(191)
Black1.4%(3)
Hispanic / Latino4.1%(9)
Asian2.3%(5)
Other0%
Diversity Score19.3%(42)
2024
White, non-Hispanic97.6%(697)
Black0%(0)
Hispanic / Latino2.4%(17)
Asian0%(0)
Other0%(0)
Diversity Score5.8%(41)
Diversity Score
6
−70%since 2000
from 19 in 2000
2000 – 2024
Section 05

Education

Bachelor's degree or higher
32.3%
+14.3 ptssince 2000
from 18.0% in 2000
US average: 35.6%
High school or higher
91.9%
+8.1 ptssince 2000
from 83.9% in 2000
US average: 89.6%
Graduate degree
28.4%
+24.0 ptssince 2000
from 4.3% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
57.8 min
+67%since 2000
from 34.5 min in 2000
US average: 26.5
Drive alone to work
63.6%
−36.4 ptssince 2009
from 100.0% in 2009
US average: 68.9%
Carpooled to work
4.5%
+4.5 ptssince 2009
from 0.0% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
31.8%
+31.8 ptssince 2009
from 0.0% in 2009
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
0.0%
−65.0 ptssince 2009
from 65.0% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
0.0%
−69.4 ptssince 2011
from 69.4% in 2011
US average: 5.2%
Labor force participation
85.8%
+38.5 ptssince 2011
from 47.3% in 2011
US average: 63.5%
Self-employed
23.8%
−17.4 ptssince 2009
from 41.2% in 2009
US average: 13.1%
Management & professional
50.0%
−8.8 ptssince 2009
from 58.8% in 2009
US average: 42.5%
Section 08

People & community

Male
62.6%
+31.4 ptssince 2009
from 31.3% in 2009
Female
37.4%
−31.4 ptssince 2009
from 68.8% in 2009
Foreign born
2.4%
+2.4 ptssince 2009
from 0.0% in 2009
US average: 14.1%
Veterans
0.0%
−23.3 ptssince 2009
from 23.3% in 2009
US average: 6.2%
With a disability
3.5%
−8.8 ptssince 2012
from 12.3% in 2012
US average: 13.3%
Uninsured
0.0%
−100.0 ptssince 2013
from 100.0% in 2013
US average: 8.4%
Broadband at home
72.7%
+14.6 ptssince 2017
from 58.1% in 2017
US average: 91.0%
English only at home
95.1%
+32.9 ptssince 2016
from 62.2% in 2016
US average: 77.7%
Spanish at home
4.9%
−8.7 ptssince 2016
from 13.6% in 2016
US average: 13.6%
Drill deeper

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Compare Wallace to nearby cities

WALLACE VS
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Income$91,495−36%
Home value$474,900−18%
Population9,282+1200%
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WALLACE VS
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Income$88,530−38%
Home value$492,500−15%
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WALLACE VS
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Home value$487,500−16%
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WALLACE VS
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Income$66,474−54%
Home value$336,000−42%
Population10,667+1394%
SEE FULL COMPARISON →
Frequently asked

How many people live in Wallace, California?

Wallace, California has about 714 residents according to the 2024 American Community Survey.

What is the median household income in Wallace, California?

The typical household in Wallace, California earns about $143,650 a year. Half of households make more than that, and half make less.

Is Wallace, California expensive?

In Wallace, California, the median home is worth about $581,200.

How educated are people in Wallace, California?

About 32.3% of adults age 25 and over in Wallace, California hold a bachelor's degree or higher.

What is the poverty rate in Wallace, California?

About 0.0% of people in Wallace, California live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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