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CITY · 2020 ACS

Wallace Ridge

Louisiana · 572 residents · 7.001 sq mi
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The short version

Wallace Ridge is wealthier than most US places, with a median household income of $80,278. Population has fallen 39% since 2019, a loss of 364 residents. Median home value is $137,800. With a median age of 47.0, the population is older than the US median of 38.8. Poverty is rare here, at 0.6% of residents. Households here earn about 58% more than the Louisiana median.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 47.0
US median: 38.8
Less educated
27% 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

Total population
572
−39%since 2019
from 936 in 2019
2010 – 2024
Population density
82 / sq mi
−39%since 2019
from 134 / sq mi in 2019
US average: 280
Median age
47.0
+2%since 2019
from 46.0 in 2019
US average: 38.8
Population, 2010 – 2024
1503836168491K201020202024Wallace Ridge
2024628
201020202024
Section 02

Income & economy

Median household income
$80,278
+7%inflation adjusted, since 2019
from $73,824 in 2019
US average: $66,278
2010 – 2023
Per capita income
$31,954
+3%since 2019
from $31,108 in 2019
US average: $35,364
Households earning $100K+
56.3%
+11.0 ptssince 2019
from 45.3% in 2019
US average: 43.9%
Poverty rate
0.6%
+0.1 ptssince 2019
from 0.5% in 2019
US average: 12.8%
Workforce by industry, 2020
Agriculture, forestry, fishing13.9%
US avg: 1.7%
Wholesale trade9.5%
US avg: 6.7%
Construction7.5%
US avg: 1.2%
Manufacturing6.4%
US avg: 0.5%
Other services3.7%
US avg: 6.6%
Public administration3.7%
US avg: 4.7%
Information3.5%
US avg: 11.1%
Finance & insurance1.8%
US avg: 5.5%
Professional, scientific, technical1.8%
US avg: 4.7%
Retail trade1.3%
US avg: 10%
Arts, entertainment, food1.3%
US avg: 2%
Transportation & warehousing0%
US avg: 2.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$137,800
+4%inflation adjusted, since 2019
from $131,300 in 2019
US average: $265,253
2010 – 2024
Owner-occupied
86.9%
+1.8 ptssince 2019
from 85.1% in 2019
13.1% rent
Afford Score
1.7
−3%since 2019
from 1.8 in 2019
2010 – 2023
RELATED:See current rent listings in Wallace Ridge on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic88.2%(826)
Black11.8%(110)
Hispanic / Latino0%(0)
Asian0%(0)
Other0%(0)
Diversity Score25.9%(243)
2020
White, non-Hispanic91.4%(523)
Black3.5%(20)
Hispanic / Latino0.3%(2)
Asian0%(0)
Other0%(0)
Diversity Score9.7%(56)
Diversity Score
10
−63%since 2019
from 26 in 2019
2010 – 2024
Section 05

Education

Bachelor's degree or higher
26.6%
+3.7 ptssince 2019
from 22.9% in 2019
US average: 32.9%
High school or higher
91.9%
+0.2 ptssince 2019
from 91.7% in 2019
US average: 88.5%
Graduate degree
7.2%
+0.5 ptssince 2019
from 6.6% in 2019
US average: 12.7%
Section 06

Commute & transportation

Average commute
37.7 min
+47%since 2019
from 25.7 min in 2019
US average: 26.9
Drive alone to work
100.0%
+10.0 ptssince 2019
from 90.0% in 2019
US average: 75.1%
No vehicle available
0.0%
Unchangedsince 2019
from 0.0% in 2019
US average: 8.4%
Section 07

Work & employment

Unemployment rate
0.0%
Unchangedsince 2019
from 0.0% in 2019
US average: 5.4%
Labor force participation
59.3%
+4.7 ptssince 2019
from 54.6% in 2019
US average: 63.4%
Management & professional
41.6%
+5.5 ptssince 2019
from 36.1% in 2019
US average: 39.3%
Section 08

People & community

Male
35.0%
−1.8 ptssince 2019
from 36.9% in 2019
Female
65.0%
+1.8 ptssince 2019
from 63.1% in 2019
Foreign born
2.2%
+0.4 ptssince 2019
from 1.8% in 2019
US average: 13.5%
Uninsured
0.8%
−0.1 ptssince 2019
from 0.9% in 2019
US average: 8.8%
Drill deeper

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Compare Wallace Ridge to nearby cities

WALLACE RIDGE VS
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Income$36,735−54%
Home value$119,400−13%
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WALLACE RIDGE VS
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Income$49,774−38%
Home value$201,500+46%
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WALLACE RIDGE VS
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Income$47,113−41%
Home value$183,700+33%
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WALLACE RIDGE VS
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Income$40,505−50%
Home value$198,900+44%
Population46,860+7362%
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Frequently asked

How many people live in Wallace Ridge, Louisiana?

Wallace Ridge, Louisiana has about 572 residents according to the 2020 American Community Survey.

What is the median household income in Wallace Ridge, Louisiana?

The typical household in Wallace Ridge, Louisiana earns about $80,278 a year. Half of households make more than that, and half make less.

Is Wallace Ridge, Louisiana expensive?

In Wallace Ridge, Louisiana, the median home is worth about $137,800.

How educated are people in Wallace Ridge, Louisiana?

About 26.6% of adults age 25 and over in Wallace Ridge, Louisiana hold a bachelor's degree or higher.

What is the poverty rate in Wallace Ridge, Louisiana?

About 0.6% of people in Wallace Ridge, 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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