United States › Florida › Wallace CITY · 2020 ACS
Wallace Florida · 3,868 residents · 11.8 sq mi
Time machine
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The short version
With 3,868 people, Wallace is a city in Florida. 93% of homes are owner-occupied. The population has risen by half since 2019, adding 1,401 people. That is roughly 42% ahead of the Florida median. The foreign-born share is 1%. 96% were living in the same home a year earlier.
At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 41.0
US median: 38.8
Average education
32% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01
Population & growth from 50.0 in 2019
US average: 38.8
Population, 2010 – 2024
1K 2K 3K 4K 4K 2010 2020 2024 Wallace Age distribution, 2020
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Section 02
Income & economy $82,149
−10%inflation adjusted, since 2019
from $90,139 in 2019
US average: $66,278
from $36,913 in 2019
US average: $35,364
Households earning $100K+
from 56.6% in 2019
US average: 43.9%
from 15.0% in 2019
US average: 12.8%
Workforce by industry, 2020
Transportation & warehousing 12.3%
Professional, scientific, technical 1.7%
Agriculture, forestry, fishing 0%
Education & health services 0%
Arts, entertainment, food 0%
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$289,400
−2%inflation adjusted, since 2019
from $292,900 in 2019
US average: $265,253
from 95.2% in 2019
7.2% rent
from 2.55 people in 2019
US average: 2.61
from 3.2 in 2019
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Section 04
Race & ethnicity 2019
White, non-Hispanic 93.2%(2,300)
2020
White, non-Hispanic 83.3%(3,222)
Hispanic / Latino 5.7%(219)
No data for the years selected.
Section 04 · Origins
Detailed origins & ancestry from 35.7% in 2019
US average: 32.9%
High school or higher
from 94.5% in 2019
US average: 88.5%
from 10.3% in 2019
US average: 12.7%
Section 06
Commute & transportation from 30.4 min in 2019
US average: 26.9
from 76.6% in 2019
US average: 75.1%
from 1.5% in 2019
US average: 8.4%
Section 07
Work & employment from 2.7% in 2019
US average: 5.4%
from 57.6% in 2019
US average: 63.4%
Women 20-64 in the labor force
US average: 73.3%
from 46.0% in 2019
US average: 39.3%
Section 08
People & community from 1.6% in 2019
US average: 13.5%
from 9.4% in 2019
US average: 8.8%
Computer in household
US average: 91.9%
Marital status (2024)
SHARE WITHIN EACH SEX · POPULATION 15 AND OVER · 2024
Section 09
Health coverage from 9.4% in 2019
US average: 8.8%
Direct-purchase
US average: 13.7%
VA health care
US average: 2.3%
Any private
US average: 68.1%
Any public
US average: 35.2%
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans Veterans by period of service, 2020
Gulf War (2001 or later) 29.3%(86)
Gulf War (1990s) 62.2%(183)
Share of the 294 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
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Drill deeper
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Frequently asked
How many people live in Wallace, Florida? Wallace, Florida has about 3,868 residents according to the 2020 American Community Survey.
What is the median household income in Wallace, Florida? The typical household in Wallace, Florida earns about $82,149 a year. Half of households make more than that, and half make less.
Is Wallace, Florida expensive? In Wallace, Florida, the median home is worth about $289,400.
How educated are people in Wallace, Florida? About 32.2% of adults age 25 and over in Wallace, Florida hold a bachelor's degree or higher.
What is the poverty rate in Wallace, Florida? About 11.7% of people in Wallace, Florida live below the federal poverty line.
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