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CITY

Wallace

West Virginia · 277 residents · 1.418 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 $33,403. Population has held roughly steady since 2023. 5% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $48,800. With a median age of 46.7, the population is older than the US median of 38.9. Households here earn about 44% less than the West Virginia median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 46.7
US median: 38.9
Less educated
5% hold a bachelor's degree
US average: 36%
More affordable
home values down 18%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

277
+10%since 2023
from 251 in 2023
2014 – 2024
195 / sq mi
+10%since 2023
from 177 / sq mi in 2023
US average: 281
46.7
−23%since 2023
from 60.6 in 2023
US average: 38.9
Population, 20142024
172258345431517201420202024Wallace
2024277
201420202024
Section 02

Income & economy

$33,403
US average: $82,259
2014 – 2024
$23,185
−32%since 2023
from $33,970 in 2023
US average: $44,673
Households earning $100K+
17.7%
−10.3 ptssince 2023
from 28.0% in 2023
US average: 53.3%
37.5%
+16.4 ptssince 2023
from 21.1% in 2023
US average: 12.5%
0.492
−7%since 2023
from 0.532 in 2023
US average: 0.476
Workforce by industry, 2024
Wholesale trade24.7%
US avg: 6.9%
Finance & insurance19.8%
US avg: 5.9%
Professional, scientific, technical19.8%
US avg: 5.1%
Other services4.9%
US avg: 6.7%
Public administration4.9%
US avg: 4.8%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Retail trade0%
US avg: 9.9%
Transportation & warehousing0%
US avg: 2.2%
Information0%
US avg: 10.8%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$48,800
−18%inflation adjusted, since 2023
from $58,100 in 2023
US average: $376,019
2014 – 2024
90.3%
−4.1 ptssince 2023
from 94.4% in 2023
9.7% rent
13.7%
−11.4 ptssince 2023
from 25.2% in 2023
US average: 10.0%
32.4%
+2.6 ptssince 2023
from 29.7% in 2023
US average: 22.9%
100.0%
Unchangedsince 2023
from 100.0% in 2023
US average: 47.4%
1.5
2014 – 2024
RELATED:See current rent listings in Wallace on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic69.3%(174)
Black2%(5)
Hispanic / Latino15.5%(39)
Asian0%(0)
Other13.1%(33)
Diversity Score59.7%(150)
2024
White, non-Hispanic75.1%(208)
Black1.1%(3)
Hispanic / Latino16.2%(45)
Asian0%(0)
Other7.6%(21)
Diversity Score50.5%(140)
50
−15%since 2023
from 60 in 2023
2014 – 2024
Section 05

Education

5.4%
+0.1 ptssince 2023
from 5.2% in 2023
US average: 35.6%
High school or higher
84.4%
+0.1 ptssince 2023
from 84.3% in 2023
US average: 89.6%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 14.0%
Section 06

Commute & transportation

55.7 min
−1%since 2023
from 56.3 min in 2023
US average: 26.5
61.7%
−30.7 ptssince 2023
from 92.4% in 2023
US average: 68.9%
38.3%
+30.7 ptssince 2023
from 7.6% in 2023
US average: 8.5%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 15.0%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
5.3%
−0.3 ptssince 2023
from 5.6% in 2023
US average: 8.3%
Section 07

Work & employment

0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 5.2%
39.5%
+1.9 ptssince 2023
from 37.6% in 2023
US average: 63.5%
25.9%
−1.9 ptssince 2023
from 27.8% in 2023
US average: 13.1%
13.6%
−9.2 ptssince 2023
from 22.8% in 2023
US average: 42.5%
Section 08

People & community

49.5%
−1.1 ptssince 2023
from 50.6% in 2023
50.5%
+1.1 ptssince 2023
from 49.4% in 2023
1.1%
−0.9 ptssince 2023
from 2.0% in 2023
US average: 14.1%
32.7%
+0.3 ptssince 2023
from 32.4% in 2023
US average: 6.2%
33.2%
−2.7 ptssince 2023
from 35.9% in 2023
US average: 13.3%
4.3%
+2.3 ptssince 2023
from 2.0% in 2023
US average: 8.4%
42.5%
+1.4 ptssince 2023
from 41.1% in 2023
US average: 91.0%
91.3%
+0.1 ptssince 2023
from 91.2% in 2023
US average: 77.7%
8.7%
−0.1 ptssince 2023
from 8.8% in 2023
US average: 13.6%
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Frequently asked

How many people live in Wallace, West Virginia?

Wallace, West Virginia has about 277 residents according to the 2024 American Community Survey.

What is the median household income in Wallace, West Virginia?

The typical household in Wallace, West Virginia earns about $33,403 a year. Half of households make more than that, and half make less.

Is Wallace, West Virginia expensive?

In Wallace, West Virginia, the median home is worth about $48,800.

How educated are people in Wallace, West Virginia?

About 5.4% of adults age 25 and over in Wallace, West Virginia hold a bachelor's degree or higher.

What is the poverty rate in Wallace, West Virginia?

About 37.5% of people in Wallace, West Virginia live below the federal poverty line.

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

How we source and harmonize this data →

Wallace, West Virginia: demographics, income & housing data · CensusEasy