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CITY · 2010 ACS

Wallace

North Carolina · 3,880 residents · 3.194 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 $29,898. Population has grown 16% since 2000. Median home value is $101,100. Households here earn about 34% less than the North Carolina median.

At a glance
Lower income
below the US median
US median: $52,703
Older
median age 40.9
US median: 37.2
Less educated
20% hold a bachelor's degree
US average: 28%
Stable housing
home values roughly flat, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
3,880
+16%since 2000
from 3,344 in 2000
1990 – 2025
Population density
1,215 / sq mi
+16%since 2000
from 1,047 / sq mi in 2000
US average: 261
Median age
40.9
+7%since 2000
from 38.3 in 2000
US average: 37.2
Population, 1990 – 2024
3K3K3K4K4K1990201020202024Wallace
20243K
1990201020202024
Section 02

Income & economy

Median household income
$29,898
−7%inflation adjusted, since 2000
from $25,422 in 2000
US average: $52,703
1990 – 2024
Per capita income
$16,729
+16%since 2000
from $14,380 in 2000
US average: $27,286
Households earning $100K+
19.6%
−4.8 ptssince 2009
from 24.5% in 2009
US average: 33.3%
Poverty rate
21.0%
−2.3 ptssince 2000
from 23.3% in 2000
US average: 13.8%
Income inequality (Gini)
0.438
US average: 0.461
Workforce by industry, 2010
Wholesale trade18.3%
US avg: 7.2%
Agriculture, forestry, fishing16.2%
US avg: 1.9%
Construction16.2%
US avg: 1.4%
Retail trade11.6%
US avg: 10.9%
Information2.8%
US avg: 11.5%
Finance & insurance1.9%
US avg: 5.1%
Professional, scientific, technical1.9%
US avg: 4.2%
Other services1.5%
US avg: 7%
Manufacturing0%
US avg: 0.5%
Transportation & warehousing0%
US avg: 3.1%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 2.4%
Public administration0%
US avg: 4.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$101,100
+4%inflation adjusted, since 2000
from $76,800 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$529
Unchangedinflation adjusted, since 2000
from $419 in 2000
US average: $853
Owner-occupied
29.9%
−33.0 ptssince 2000
from 62.8% in 2000
47.6% rent
Vacancy rate
13.1%
+2.5 ptssince 2009
from 10.6% in 2009
US average: 12.1%
Owner cost-burdened
31.6%
+7.8 ptssince 2009
from 23.8% in 2009
US average: 30.9%
Renter cost-burdened
59.4%
+3.6 ptssince 2009
from 55.7% in 2009
US average: 46.8%
Afford Score
3.4
+12%since 2000
from 3.0 in 2000
1990 – 2024
RELATED:See current rent listings in Wallace on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic52.7%(1,763)
Black28.1%(941)
Hispanic / Latino18.2%(608)
Asian0.2%(8)
Other0%
Diversity Score75.5%(2,525)
2010
White, non-Hispanic47.8%(1,853)
Black25.6%(994)
Hispanic / Latino25.5%(989)
Asian0.2%(7)
Other3.7%(143)
Diversity Score82.4%(3,195)
Diversity Score
82
+9%since 2000
from 76 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
20.1%
+10.2 ptssince 2000
from 9.9% in 2000
US average: 27.9%
High school or higher
65.5%
+1.4 ptssince 2000
from 64.0% in 2000
US average: 84.9%
Graduate degree
6.9%
+3.7 ptssince 2000
from 3.2% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
21.7 min
+69%since 2000
from 12.9 min in 2000
US average: 25.2
Drive alone to work
75.7%
+3.3 ptssince 2009
from 72.5% in 2009
US average: 76.2%
Carpooled to work
16.1%
−9.9 ptssince 2009
from 25.9% in 2009
US average: 10.4%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 4.7%
Worked from home
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 4.1%
Walked to work
6.6%
+5.0 ptssince 2009
from 1.6% in 2009
US average: 2.8%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.5%
No vehicle available
12.5%
+2.0 ptssince 2009
from 10.5% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
12.0%
−6.0 ptssince 2009
from 18.0% in 2009
US average: 12.9%
Management & professional
23.0%
−29.9 ptssince 2009
from 52.9% in 2009
US average: 35.2%
Section 08

People & community

Male
51.0%
−3.2 ptssince 2009
from 54.3% in 2009
Female
49.0%
+3.2 ptssince 2009
from 45.7% in 2009
Foreign born
16.7%
−2.4 ptssince 2009
from 19.1% in 2009
US average: 12.8%
Veterans
11.3%
−44.9 ptssince 2009
from 56.1% in 2009
US average: 9.9%
Drill deeper

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Head to head

Compare Wallace to nearby cities

WALLACE VS
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WALLACE VS
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WALLACE VS
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WALLACE VS
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Frequently asked

How many people live in Wallace, North Carolina?

Wallace, North Carolina has about 3,880 residents according to the 2010 American Community Survey.

What is the median household income in Wallace, North Carolina?

The typical household in Wallace, North Carolina earns about $29,898 a year. Half of households make more than that, and half make less.

Is Wallace, North Carolina expensive?

In Wallace, North Carolina, the median home is worth about $101,100, and the typical rent is about $529 a month.

How educated are people in Wallace, North Carolina?

About 20.1% of adults age 25 and over in Wallace, North Carolina hold a bachelor's degree or higher.

What is the poverty rate in Wallace, North Carolina?

About 21.0% of people in Wallace, North Carolina live below the federal poverty line.

Has Wallace, North Carolina grown since 1990?

Yes, Wallace, North Carolina has grown since 1990. The population has added about 956 residents, a change of about 33 percent over that period.

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

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