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CITY · 2020 ACS

Wallace

West Virginia · 201 residents · 1.418 sq mi
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The short version

Wallace is wealthier than most US places, with a median household income of $76,696. Population has fallen 41% since 2019, a loss of 138 residents. 11% of adults hold a bachelor's degree or higher, below the national rate of 33%. With a median age of 47.2, the population is older than the US median of 38.8. Poverty is rare here, at 0.0% of residents. Households here earn about 60% more than the West Virginia median.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 47.2
US median: 38.8
Less educated
11% hold a bachelor's degree
US average: 33%
Owner-heavy
77% owner-occupied
US average: 63%
Section 01

Population & growth

Total population
201
−41%since 2019
from 339 in 2019
2014 – 2024
Population density
142 / sq mi
−41%since 2019
from 239 / sq mi in 2019
US average: 280
Median age
47.2
+39%since 2019
from 33.9 in 2019
US average: 38.8
Population, 2014 – 2024
172258345431517201420202024Wallace
2024277
201420202024
Section 02

Income & economy

Median household income
$76,696
−1%inflation adjusted, since 2019
from $76,761 in 2019
US average: $66,278
2014 – 2024
Per capita income
$26,745
+1%since 2019
from $26,496 in 2019
US average: $35,364
Households earning $100K+
60.7%
−3.8 ptssince 2019
from 64.5% in 2019
US average: 43.9%
Poverty rate
0.0%
Unchangedsince 2019
from 0.0% in 2019
US average: 12.8%
Workforce by industry, 2020
Agriculture, forestry, fishing15.8%
US avg: 1.7%
Manufacturing15.8%
US avg: 0.5%
Wholesale trade15.8%
US avg: 6.7%
Other services4.2%
US avg: 6.6%
Public administration4.2%
US avg: 4.7%
Construction0%
US avg: 1.2%
Retail trade0%
US avg: 10%
Transportation & warehousing0%
US avg: 2.5%
Information0%
US avg: 11.1%
Finance & insurance0%
US avg: 5.5%
Professional, scientific, technical0%
US avg: 4.7%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Owner-occupied
76.6%
−8.4 ptssince 2019
from 85.0% in 2019
23.4% rent
RELATED:See current rent listings in Wallace on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic77.3%(262)
Black0%(0)
Hispanic / Latino17.7%(60)
Asian0%(0)
Other5%(17)
Diversity Score46.1%(156)
2020
White, non-Hispanic92.5%(186)
Black1%(2)
Hispanic / Latino3%(6)
Asian0%(0)
Other19.4%(39)
Diversity Score41.8%(84)
Diversity Score
42
−9%since 2019
from 46 in 2019
2014 – 2024
Section 05

Education

Bachelor's degree or higher
11.5%
+0.6 ptssince 2019
from 10.8% in 2019
US average: 32.9%
High school or higher
83.3%
Unchangedsince 2019
from 83.3% in 2019
US average: 88.5%
Graduate degree
1.0%
−2.6 ptssince 2019
from 3.6% in 2019
US average: 12.7%
Section 06

Commute & transportation

Average commute
49.8 min
+16%since 2019
from 43.0 min in 2019
US average: 26.9
Drive alone to work
100.0%
Unchangedsince 2019
from 100.0% in 2019
US average: 75.1%
No vehicle available
4.5%
+0.8 ptssince 2019
from 3.7% in 2019
US average: 8.4%
Section 07

Work & employment

Unemployment rate
0.0%
Unchangedsince 2019
from 0.0% in 2019
US average: 5.4%
Labor force participation
57.7%
+14.6 ptssince 2019
from 43.1% in 2019
US average: 63.4%
Management & professional
20.0%
−5.2 ptssince 2019
from 25.2% in 2019
US average: 39.3%
Section 08

People & community

Male
49.8%
−8.9 ptssince 2019
from 58.7% in 2019
Female
50.2%
+8.9 ptssince 2019
from 41.3% in 2019
Foreign born
4.5%
+1.6 ptssince 2019
from 2.9% in 2019
US average: 13.5%
Uninsured
4.9%
+0.2 ptssince 2019
from 4.7% in 2019
US average: 8.8%
Drill deeper

Places similar to Wallace

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Pop 261
Orchard Hill
Pop 236
Floridatown
Pop 293
Harrison
Pop 318
Places similar to Wallace
Head to head

Compare Wallace to nearby cities

WALLACE VS
Clarksburg
Income$47,386−38%
Home value$129,900
Population15,562+5518%
SEE FULL COMPARISON →
WALLACE VS
Bridgeport
Income$100,022+30%
Home value$291,600
Population9,427+3303%
SEE FULL COMPARISON →
WALLACE VS
Fairmont
Income$63,032−18%
Home value$163,800
Population18,035+6411%
SEE FULL COMPARISON →
WALLACE VS
Morgantown
Income$44,727−42%
Home value$259,400
Population30,293+10836%
SEE FULL COMPARISON →
Frequently asked

How many people live in Wallace, West Virginia?

Wallace, West Virginia has about 201 residents according to the 2020 American Community Survey.

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

The typical household in Wallace, West Virginia earns about $76,696 a year. Half of households make more than that, and half make less.

How educated are people in Wallace, West Virginia?

About 11.5% 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 0.0% 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

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