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CITY · 2020 ACS

Wallace

Louisiana · 755 residents · 6.454 sq mi
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The short version

Wallace is wealthier than most US places, with a median household income of $77,656. Population has grown 32% since 2000. 11% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has more than tripled since 2000, reaching $206,400. Poverty is rare here, at 4.5% of residents. Households here earn about 53% more than the Louisiana median.

At a glance
Wealthier
above the US median
US median: $66,278
Mid-age
median age 39.1
US median: 38.8
Less educated
11% hold a bachelor's degree
US average: 33%
Less affordable
home values up 255%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
755
+32%since 2000
from 570 in 2000
2000 – 2024
Population density
117 / sq mi
+32%since 2000
from 88 / sq mi in 2000
US average: 280
Median age
39.1
+19%since 2000
from 32.9 in 2000
US average: 38.8
Population, 2000 – 2024
3836839841K2K2000201020202024Wallace
2024791
2000201020202024
Section 02

Income & economy

Median household income
$77,656
+170%inflation adjusted, since 2000
from $19,118 in 2000
US average: $66,278
2000 – 2024
Per capita income
$21,182
+220%since 2000
from $6,625 in 2000
US average: $35,364
Households earning $100K+
50.3%
+33.9 ptssince 2009
from 16.4% in 2009
US average: 43.9%
Poverty rate
4.5%
−41.0 ptssince 2000
from 45.5% in 2000
US average: 12.8%
Workforce by industry, 2020
Information12.9%
US avg: 11.1%
Finance & insurance9.8%
US avg: 5.5%
Professional, scientific, technical9.3%
US avg: 4.7%
Retail trade8.8%
US avg: 10%
Wholesale trade7.9%
US avg: 6.7%
Transportation & warehousing4.8%
US avg: 2.5%
Arts, entertainment, food3.3%
US avg: 2%
Other services3%
US avg: 6.6%
Public administration3%
US avg: 4.7%
Education & health services0.5%
US avg: 0.8%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$206,400
+255%inflation adjusted, since 2000
from $38,700 in 2000
US average: $265,253
2000 – 2024
Median gross rent
$625
+7%inflation adjusted, since 2000
from $389 in 2000
US average: $1,124
Owner-occupied
80.8%
−10.0 ptssince 2000
from 90.8% in 2000
19.2% rent
Afford Score
2.7
+31%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)
2020
White, non-Hispanic8.1%(61)
Black87.8%(663)
Hispanic / Latino1.1%(8)
Asian0%(0)
Other0%(0)
Diversity Score21.6%(163)
Diversity Score
22
+46%since 2000
from 15 in 2000
2000 – 2024
Section 05

Education

Bachelor's degree or higher
11.1%
+2.2 ptssince 2000
from 8.9% in 2000
US average: 32.9%
High school or higher
79.6%
+17.7 ptssince 2000
from 62.0% in 2000
US average: 88.5%
Graduate degree
7.5%
+1.7 ptssince 2000
from 5.8% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
31.1 min
+57%since 2000
from 19.8 min in 2000
US average: 26.9
Drive alone to work
86.3%
+19.0 ptssince 2009
from 67.3% in 2009
US average: 75.1%
No vehicle available
0.0%
−21.9 ptssince 2009
from 21.9% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
12.6%
−7.5 ptssince 2011
from 20.1% in 2011
US average: 5.4%
Labor force participation
64.7%
+5.2 ptssince 2011
from 59.5% in 2011
US average: 63.4%
Management & professional
22.5%
−53.2 ptssince 2009
from 75.7% in 2009
US average: 39.3%
Section 08

People & community

Male
46.9%
+0.8 ptssince 2009
from 46.1% in 2009
Female
53.1%
−0.8 ptssince 2009
from 53.9% in 2009
Foreign born
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
11.0%
−76.3 ptssince 2013
from 87.3% in 2013
US average: 8.8%
Drill deeper

Places similar to Wallace

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Places similar to Wallace
Head to head

Compare Wallace to nearby cities

WALLACE VS
Laplace
Income$69,030−11%
Home value$199,900−3%
Population28,343+3483%
SEE FULL COMPARISON →
WALLACE VS
Thibodaux
Income$52,072−33%
Home value$232,500+13%
Population15,573+1869%
SEE FULL COMPARISON →
WALLACE VS
Destrehan
Income$90,509+17%
Home value$320,700+55%
Population11,619+1369%
SEE FULL COMPARISON →
WALLACE VS
Luling
Income$76,539−1%
Home value$273,800+33%
Population13,960+1665%
SEE FULL COMPARISON →
Frequently asked

How many people live in Wallace, Louisiana?

Wallace, Louisiana has about 755 residents according to the 2020 American Community Survey.

What is the median household income in Wallace, Louisiana?

The typical household in Wallace, Louisiana earns about $77,656 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 $206,400, and the typical rent is about $625 a month.

How educated are people in Wallace, Louisiana?

About 11.1% 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 4.5% 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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