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CITY

Wallace

Louisiana · 791 residents · 6.454 sq mi
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The short version

Wallace has notably lower household income than the US average, with a median household income of $38,389. Population has grown 39% since 2000. Median home value has more than tripled since 2000, reaching $184,700. At a median age of 33.7, residents skew younger than the country as a whole. Households here earn about 37% less than the Louisiana median.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 33.7
US median: 38.9
More educated
42% hold a bachelor's degree
US average: 36%
Less affordable
home values up 162%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

791
+39%since 2000
from 570 in 2000
2000 – 2024
123 / sq mi
+39%since 2000
from 88 / sq mi in 2000
US average: 281
33.7
+2%since 2000
from 32.9 in 2000
US average: 38.9
Population, 20002024
3836839841K2K2000201020202024Wallace
2024791
2000201020202024
Section 02

Income & economy

$38,389
+10%inflation adjusted, since 2000
from $19,118 in 2000
US average: $82,259
2000 – 2024
$31,382
+374%since 2000
from $6,625 in 2000
US average: $44,673
Households earning $100K+
36.0%
+19.6 ptssince 2009
from 16.4% in 2009
US average: 53.3%
12.9%
−32.6 ptssince 2000
from 45.5% in 2000
US average: 12.5%
0.435
+5%since 2010
from 0.416 in 2010
US average: 0.476
Workforce by industry, 2024
Finance & insurance15.4%
US avg: 5.9%
Professional, scientific, technical12.9%
US avg: 5.1%
Other services11%
US avg: 6.7%
Retail trade8.3%
US avg: 9.9%
Information4.6%
US avg: 10.8%
Education & health services2.5%
US avg: 0.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Wholesale trade0%
US avg: 6.9%
Transportation & warehousing0%
US avg: 2.2%
Arts, entertainment, food0%
US avg: 1.9%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$184,700
+162%inflation adjusted, since 2000
from $38,700 in 2000
US average: $376,019
2000 – 2024
63.6%
−27.2 ptssince 2000
from 90.8% in 2000
36.4% rent
0.0%
−14.5 ptssince 2009
from 14.5% in 2009
US average: 10.0%
11.2%
+0.7 ptssince 2009
from 10.5% in 2009
US average: 22.9%
50.0%
−50.0 ptssince 2009
from 100.0% in 2009
US average: 47.4%
4.8
+138%since 2000
from 2.0 in 2000
2000 – 2024
RELATED:See current rent listings in Wallace on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic6.1%(35)
Black93.7%(534)
Hispanic / Latino0.2%(1)
Asian0%(0)
Other0%
Diversity Score14.8%(84)
2024
White, non-Hispanic0%(0)
Black87.4%(691)
Hispanic / Latino12.6%(100)
Asian0%(0)
Other0%(0)
Diversity Score27.6%(218)
28
+86%since 2000
from 15 in 2000
2000 – 2024
Section 05

Education

41.8%
+32.8 ptssince 2000
from 8.9% in 2000
US average: 35.6%
High school or higher
97.9%
+36.0 ptssince 2000
from 62.0% in 2000
US average: 89.6%
10.0%
+4.3 ptssince 2000
from 5.8% in 2000
US average: 14.0%
Section 06

Commute & transportation

30.9 min
+56%since 2000
from 19.8 min in 2000
US average: 26.5
85.1%
+17.8 ptssince 2009
from 67.3% in 2009
US average: 68.9%
4.6%
+0.4 ptssince 2009
from 4.2% in 2009
US average: 8.5%
0.0%
−3.0 ptssince 2009
from 3.0% in 2009
US average: 3.2%
10.3%
+10.3 ptssince 2009
from 0.0% in 2009
US average: 15.0%
0.0%
−10.3 ptssince 2009
from 10.3% in 2009
US average: 2.4%
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
3.9%
−18.0 ptssince 2009
from 21.9% in 2009
US average: 8.3%
Section 07

Work & employment

12.7%
−7.5 ptssince 2011
from 20.1% in 2011
US average: 5.2%
76.0%
+16.5 ptssince 2011
from 59.5% in 2011
US average: 63.5%
24.4%
+5.7 ptssince 2009
from 18.6% in 2009
US average: 13.1%
38.2%
−37.5 ptssince 2009
from 75.7% in 2009
US average: 42.5%
Section 08

People & community

45.0%
−1.1 ptssince 2009
from 46.1% in 2009
55.0%
+1.1 ptssince 2009
from 53.9% in 2009
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 14.1%
1.5%
−31.2 ptssince 2009
from 32.7% in 2009
US average: 6.2%
14.9%
−1.0 ptssince 2012
from 15.9% in 2012
US average: 13.3%
0.0%
−87.3 ptssince 2013
from 87.3% in 2013
US average: 8.4%
94.8%
+45.5 ptssince 2017
from 49.3% in 2017
US average: 91.0%
100.0%
+6.5 ptssince 2016
from 93.5% in 2016
US average: 77.7%
0.0%
−2.7 ptssince 2016
from 2.7% in 2016
US average: 13.6%
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Frequently asked

How many people live in Wallace, Louisiana?

Wallace, Louisiana has about 791 residents according to the 2024 American Community Survey.

What is the median household income in Wallace, Louisiana?

The typical household in Wallace, Louisiana earns about $38,389 a year. Half of households make more than that, and half make less.

Is Wallace, Louisiana expensive?

In Wallace, Louisiana, the median home is worth about $184,700.

How educated are people in Wallace, Louisiana?

About 41.8% of adults age 25 and over in Wallace, Louisiana hold a bachelor's degree or higher.

What is the poverty rate in Wallace, Louisiana?

About 12.9% of people in Wallace, Louisiana 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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