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CITY

Wallace

South Carolina · 665 residents · 6.575 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 $32,703. Population has held roughly steady since 2023. 4% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $97,600. With a median age of 59.7, the population is older than the US median of 38.9. Households here earn about 53% less than the South Carolina median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 59.7
US median: 38.9
Less educated
4% hold a bachelor's degree
US average: 36%
Less affordable
home values up 25%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
665
−1%since 2023
from 669 in 2023
2010 – 2024
Population density
101 / sq mi
−1%since 2023
from 102 / sq mi in 2023
US average: 281
Median age
59.7
+10%since 2023
from 54.5 in 2023
US average: 38.9
Population, 2010 – 2024
634718803888972201020202024Wallace
2024665
201020202024
Section 02

Income & economy

Median household income
$32,703
US average: $82,259
2010 – 2024
Per capita income
$22,272
−5%since 2023
from $23,506 in 2023
US average: $44,673
Households earning $100K+
21.6%
+2.7 ptssince 2023
from 18.9% in 2023
US average: 53.3%
Poverty rate
14.4%
−1.7 ptssince 2023
from 16.1% in 2023
US average: 12.5%
Income inequality (Gini)
0.445
−1%since 2023
from 0.451 in 2023
US average: 0.476
Workforce by industry, 2024
Retail trade29.9%
US avg: 9.9%
Finance & insurance4.4%
US avg: 5.9%
Professional, scientific, technical4.4%
US avg: 5.1%
Wholesale trade3.4%
US avg: 6.9%
Transportation & warehousing3.4%
US avg: 2.2%
Information2.9%
US avg: 10.8%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
Other services0%
US avg: 6.7%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$97,600
+25%inflation adjusted, since 2023
from $75,800 in 2023
US average: $376,019
2010 – 2024
Owner-occupied
99.1%
+1.9 ptssince 2023
from 97.2% in 2023
0.9% rent
Vacancy rate
7.3%
+1.3 ptssince 2023
from 6.0% in 2023
US average: 10.0%
Owner cost-burdened
36.8%
Unchangedsince 2023
from 36.9% in 2023
US average: 22.9%
Renter cost-burdened
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 47.4%
Afford Score
3.0
2010 – 2024
Gentrification Score
26
RELATED:See current rent listings in Wallace on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic43.3%(290)
Black38.3%(256)
Hispanic / Latino0%(0)
Asian0%(0)
Other18.4%(123)
Diversity Score79%(528)
2024
White, non-Hispanic45.9%(305)
Black39.8%(265)
Hispanic / Latino0%(0)
Asian0%(0)
Other14.3%(95)
Diversity Score76.3%(507)
Diversity Score
76
−3%since 2023
from 79 in 2023
2010 – 2024
Section 05

Education

Bachelor's degree or higher
3.6%
−2.1 ptssince 2023
from 5.7% in 2023
US average: 35.6%
High school or higher
70.6%
−17.1 ptssince 2023
from 87.7% in 2023
US average: 89.6%
Graduate degree
0.5%
−1.2 ptssince 2023
from 1.7% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
24.3 min
−18%since 2023
from 29.6 min in 2023
US average: 26.5
Drive alone to work
69.7%
−7.8 ptssince 2023
from 77.5% in 2023
US average: 68.9%
Carpooled to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
2.1%
−1.8 ptssince 2023
from 3.9% in 2023
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
3.0%
−0.6 ptssince 2023
from 3.6% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.8%
−2.6 ptssince 2023
from 6.4% in 2023
US average: 5.2%
Labor force participation
33.1%
−17.6 ptssince 2023
from 50.7% in 2023
US average: 63.5%
Self-employed
4.9%
−4.2 ptssince 2023
from 9.2% in 2023
US average: 13.1%
Management & professional
24.0%
−3.8 ptssince 2023
from 27.8% in 2023
US average: 42.5%
Section 08

People & community

Male
55.5%
+1.7 ptssince 2023
from 53.8% in 2023
Female
44.5%
−1.7 ptssince 2023
from 46.2% in 2023
Foreign born
1.4%
+0.3 ptssince 2023
from 1.0% in 2023
US average: 14.1%
Veterans
5.7%
−3.4 ptssince 2023
from 9.1% in 2023
US average: 6.2%
With a disability
33.1%
+15.5 ptssince 2023
from 17.6% in 2023
US average: 13.3%
Uninsured
4.4%
−11.9 ptssince 2023
from 16.3% in 2023
US average: 8.4%
Broadband at home
74.8%
+14.5 ptssince 2023
from 60.3% in 2023
US average: 91.0%
English only at home
98.2%
+0.9 ptssince 2023
from 97.3% in 2023
US average: 77.7%
Spanish at home
0.5%
−1.2 ptssince 2023
from 1.6% in 2023
US average: 13.6%
Drill deeper

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Frequently asked

How many people live in Wallace, South Carolina?

Wallace, South Carolina has about 665 residents according to the 2024 American Community Survey.

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

The typical household in Wallace, South Carolina earns about $32,703 a year. Half of households make more than that, and half make less.

Is Wallace, South Carolina expensive?

In Wallace, South Carolina, the median home is worth about $97,600.

How educated are people in Wallace, South Carolina?

About 3.6% of adults age 25 and over in Wallace, South Carolina hold a bachelor's degree or higher.

What is the poverty rate in Wallace, South Carolina?

About 14.4% of people in Wallace, South Carolina 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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