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CITY · 2010 ACS

Wallace

South Carolina · 892 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 $23,472. Population has declined 5% since 2011. 7% of adults hold a bachelor's degree or higher, below the national rate of 28%. Median home value is $69,500. The poverty rate of 31.8% is well above the national figure. Households here earn about 47% less than the South Carolina median.

At a glance
Lower income
below the US median
US median: $52,703
Older
median age 42.1
US median: 37.2
Less educated
7% hold a bachelor's degree
US average: 28%
More affordable
home values down 14%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
892
−5%vs 2011
vs 937 in 2011
2010 – 2024
Population density
136 / sq mi
−5%vs 2011
vs 143 / sq mi in 2011
US average: 261
Median age
42.1
+35%vs 2011
vs 31.2 in 2011
US average: 37.2
Population, 2010 – 2024
634718803888972201020202024Wallace
2024665
201020202024
Section 02

Income & economy

Median household income
$23,472
+17%inflation adjusted, since 2011
vs $20,662 in 2011
US average: $52,703
2010 – 2024
Per capita income
$13,694
+10%vs 2011
vs $12,504 in 2011
US average: $27,286
Households earning $100K+
6.3%
−2.3 ptsvs 2011
vs 8.6% in 2011
US average: 33.3%
Poverty rate
31.8%
−2.9 ptsvs 2011
vs 34.7% in 2011
US average: 13.8%
Income inequality (Gini)
0.431
−3%vs 2011
vs 0.445 in 2011
US average: 0.461
Workforce by industry, 2010
Retail trade28.4%
US avg: 10.9%
Information20.5%
US avg: 11.5%
Wholesale trade6.5%
US avg: 7.2%
Agriculture, forestry, fishing0%
US avg: 1.9%
Construction0%
US avg: 1.4%
Manufacturing0%
US avg: 0.5%
Transportation & warehousing0%
US avg: 3.1%
Finance & insurance0%
US avg: 5.1%
Professional, scientific, technical0%
US avg: 4.2%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 2.4%
Other services0%
US avg: 7%
Public administration0%
US avg: 4.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$69,500
−14%inflation adjusted, since 2011
vs $82,900 in 2011
US average: $225,659
2010 – 2024
Median gross rent
$719
+43%inflation adjusted, since 2011
vs $517 in 2011
US average: $853
Owner-occupied
35.4%
−35.4 ptsvs 2011
vs 70.7% in 2011
26.5% rent
Vacancy rate
19.2%
+4.6 ptsvs 2011
vs 14.6% in 2011
US average: 12.1%
Owner cost-burdened
21.0%
−7.1 ptsvs 2011
vs 28.0% in 2011
US average: 30.9%
Renter cost-burdened
50.8%
−7.8 ptsvs 2011
vs 58.6% in 2011
US average: 46.8%
Afford Score
3.0
−26%vs 2011
vs 4.0 in 2011
2010 – 2024
RELATED:See current rent listings in Wallace on RentDataNow
Section 04

Race & ethnicity

2011
White, non-Hispanic41.7%(391)
Black51.2%(480)
Hispanic / Latino0.6%(6)
Asian0%(0)
Other6.4%(60)
Diversity Score69.9%(655)
2010
White, non-Hispanic55%(491)
Black38.9%(347)
Hispanic / Latino1.1%(10)
Asian0%(0)
Other6.3%(56)
Diversity Score69.2%(617)
Diversity Score
69
−1%vs 2011
vs 70 in 2011
2010 – 2024
Section 05

Education

Bachelor's degree or higher
7.5%
+1.0 ptsvs 2011
vs 6.5% in 2011
US average: 27.9%
High school or higher
64.0%
+8.9 ptsvs 2011
vs 55.1% in 2011
US average: 84.9%
Graduate degree
1.7%
+0.4 ptsvs 2011
vs 1.3% in 2011
US average: 10.2%
Section 06

Commute & transportation

Average commute
18.2 min
−17%vs 2011
vs 22.0 min in 2011
US average: 25.2
Drive alone to work
91.0%
+3.7 ptsvs 2011
vs 87.4% in 2011
US average: 76.2%
Carpooled to work
9.0%
−3.7 ptsvs 2011
vs 12.6% in 2011
US average: 10.4%
Public transit
0.0%
Unchangedvs 2011
vs 0.0% in 2011
US average: 4.7%
Worked from home
0.0%
Unchangedvs 2011
vs 0.0% in 2011
US average: 4.1%
Walked to work
0.0%
Unchangedvs 2011
vs 0.0% in 2011
US average: 2.8%
Biked to work
0.0%
Unchangedvs 2011
vs 0.0% in 2011
US average: 0.5%
No vehicle available
15.5%
−5.5 ptsvs 2011
vs 21.0% in 2011
US average: 8.7%
Section 07

Work & employment

Self-employed
16.4%
+10.1 ptsvs 2011
vs 6.3% in 2011
US average: 12.9%
Management & professional
38.7%
+5.2 ptsvs 2011
vs 33.5% in 2011
US average: 35.2%
Section 08

People & community

Male
44.0%
−1.7 ptsvs 2011
vs 45.7% in 2011
Female
56.0%
+1.7 ptsvs 2011
vs 54.3% in 2011
Foreign born
0.0%
Unchangedvs 2011
vs 0.0% in 2011
US average: 12.8%
Veterans
11.3%
+7.3 ptsvs 2011
vs 4.0% in 2011
US average: 9.9%
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Compare Wallace to nearby cities

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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, South Carolina?

Wallace, South Carolina has about 892 residents according to the 2010 American Community Survey.

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

The typical household in Wallace, South Carolina earns about $23,472 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 $69,500, and the typical rent is about $719 a month.

How educated are people in Wallace, South Carolina?

About 7.5% 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 31.8% 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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