Median Income
$115,216
53% higher than US avg
Home Value
$377,600
34% higher than US avg
Bachelor's+
48.6%
44% higher than US avg
Median Rent
$1,394
20% higher than US avg
Obesity Rate
29.3%
9% lower than US avg
Unemployment
0.1%
97% lower than US avg
Poverty Rate
6.7%
46% lower than US avg
How Wallace Compares to the U.S. Average (100% = U.S. avg)
People
Population3,965
Median Age35.9 yrs
Density337/mi²
Male / Female52% / 48%
Largest GroupWhite 72%
Veterans18.0%
Economy
A+
Median Income$115,216
Per Capita$50,239
Unemployment0.1%
Poverty6.7%
County GDP$7,899M
Commute42 min
Housing
A+
Home Value$377,600
Rent$1,394
Ownership93.9%
Zillow$320,934
Housing Units1,288
Rent Burden27.9%
Health
Obesity29.3%
Uninsured5.1%
Smoking10.4%
Depression19.7%
Heart Disease4.9%
Climate
Avg Temp69°F (21°C)
Rain66.4 in/yr
Elevation148 ft (45 m)
Education
A+
Bachelor's+48.6%
High School+99.7%
Graduate+12.8%
School Score6.56
Community
2024 VoteR 75% / D 24%
Commute42 min
Broadband96.2%
EV Stations2
Libraries6
Is Wallace a Good Place to Live?
Based on current data, Wallace receives an overall livability score of 4.9 out of 5.0, earning a grade of A+. Key strengths include above-average household incomes, low unemployment, a highly educated population, a low poverty rate. Areas to be aware of include long commute times. Wallace stands out as an excellent place to live, with strong marks across most quality-of-life indicators.
Economy & Jobs
The median household income in Wallace is $115,216, which is significantly higher than the national average / 53% above $75,149. This places Wallace among higher-income communities. The job market is very strong with unemployment at just 0.1%. Only 6.7% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 42 minutes, longer than the typical American commute of 28 minutes.
Cost of Living & Housing
The median home value in Wallace is $377,600, 34% above the national median. Renters pay a median of $1,394 per month. A price-to-income ratio of 3.3x indicates a reasonably affordable housing market.
Education
Educational attainment is solid, with 48.6% holding a bachelor's degree or higher, near the national average. 99.7% have completed high school. Local schools score 6.6/10 in standardized testing, reflecting strong academic performance.
Climate & Weather
Wallace enjoys a moderate climate with an average annual temperature of 69°F. Winters average 53°F in January while summers reach 84°F in July. Annual precipitation totals 66.4 inches.
Wallace has a population of 3,965 with a density of 337 people per square mile, spread across 11.8 square miles. The median age is 35.9 years, 8% younger than the national median of 38.9. The gender split is 48.2% female and 51.8% male. The city is predominantly White (72.1%), with 1.5% Hispanic, 2.3% Black, 7.2% Asian. English is the primary language spoken at home by 88.7% of residents, while 13.9% speak Spanish. 18.0% of the population are veterans, above the national rate of 6.0%. 18.9% of residents have a disability (above the 13.0% national average). 94.9% have health insurance coverage.
Population
3,965
Total Population
2023 Census
35.9yrs
Median Age
8% below US avg
Language Spoken at Home
English Only
88.7%
13% above US avg
Spanish
13.9%
4% above US avg
The median household income in Wallace is $115,216, which is 53% above the national average of $75,149. Per capita income is $50,239 (above the $39,052 national figure). The average weekly wage is $985, 31% lower than the U.S. average. The unemployment rate is 0.1% (below the 3.6% US average). 6.7% of residents live below the poverty line, lower than the national rate of 12.4%. The area has 4,629 business establishments, including 272 restaurants. The cost of living index is 103.4, roughly in line with the national average. Workers commute an average of 42 minutes (longer than the 28-minute US average). 12.2% of workers work from home.
Income
| Median HH Income | $115,216 |
| 53% above US avg |
| Per Capita Income | $50,239 |
| Avg Weekly Wage | $985 |
| IRS Avg AGI | $88,416 |
| Gini Index | 0.419 (0=equal, 1=unequal) |
Employment & Poverty
| Unemployment | 0.1% |
| 97% below US avg |
| Poverty Rate | 6.7% |
| 46% below US avg |
| Establishments (County) | 4,629 |
| County GDP | $7,899M |
Business (County)
| Restaurants | 272 |
| Healthcare | 391 |
| Retail | 411 |
| Manufacturing | 58 |
Tax & Cost of Living
| Property Tax (IRS) | $5,381 |
| 54% above US avg |
| Cost of Living | 103.40 (100=avg) |
| Effective Tax Rate | 1.43% |
Commute & Transportation
| Commute Time | 42.3 min |
| Drive Alone | 80.8% |
| Public Transit | 0.0% |
| Work from Home | 12.2% |
The median home value in Wallace is $377,600, 34% above the national median of $281,900. Zillow estimates the typical home value at $320,934, lower than the Census estimate. According to Redfin, the median sale price is $319,990 with homes selling in an average of 114 days. Homes sell for 98.1% of their list price. Monthly rent averages $1,394 (20% above the national average of $1,163). Fair market rent ranges from $1,296 for a one-bedroom to $1,526 for a two-bedroom apartment. 93.9% of housing units are owner-occupied (above the 65.4% national rate). There are 1,288 total housing units in the city. The median year a home was built is 2010. The average annual property tax is $5,381 (higher than the $3,500 national average). 27.9% of renters spend 30% or more of their income on housing. The home price-to-income ratio is 3.3x.
Home Values
| Census Median | $377,600 |
| 34% above US avg |
| Zillow ZHVI | $320,934 |
| Redfin Median Sale | $319,990 |
| Median List Price | $435,000 |
Real Estate Market (Redfin)
| Median Sale Price | $319,990 |
| Median List Price | $435,000 |
| $/Sq Ft | $172 |
| Homes Sold | 8 |
| Days on Market | 114 days |
| Sale-to-List Ratio | 98.1% |
| Price Drops | 10.3% |
| Inventory | 29 |
Rental Costs
| Census Median Rent | $1,394 |
| 20% above US avg |
| Rent Burden | 27.9% |
HUD Fair Market Rent
| Studio | $1,212 |
| 1 Bedroom | $1,296 |
| 2 Bedrooms | $1,526 |
| 3 Bedrooms | $1,971 |
| 4 Bedrooms | $2,261 |
Ownership & Property
| Homeownership | 93.9% |
| Owner-Occupied | 93.9% |
| Renter-Occupied | 6.1% |
| Housing Units | 1,288 |
| Median Year Built | 2010 |
Property Tax
| Avg Tax (IRS) | $5,381 |
| 54% above US avg |
| Effective Rate | 1.43% |
In Wallace, 29.3% of adults are obese, below the national rate of 32.1%. 8.1% have diabetes (below the 10.5% national rate). Heart disease affects 4.9% of residents, below the national average. 29.4% have high blood pressure. 10.4% are current smokers (below the 14.0% national rate). 19.2% report binge drinking. 16.1% are physically inactive, below the national average. 19.7% report depression. 16.7% experience frequent mental distress. 5.1% of residents lack health insurance (below the 8.6% national rate). The primary care physician ratio is 1:1,732. The dentist ratio is 1:3,360. 62.1% of residents have access to exercise opportunities. The food environment index is 8.0 out of 10.
Health Metrics: Wallace vs U.S. Average (%)
Chronic Conditions
| Obesity | 29.3% |
| 9% below US avg |
| Diabetes | 8.1% |
| Heart Disease | 4.9% |
| High Blood Pressure | 29.4% |
| Asthma | 9.4% |
| COPD | 4.8% |
| Cancer | 8.1% |
| Stroke | 2.4% |
Behaviors & Mental Health
| Smoking | 10.4% |
| 26% below US avg |
| Binge Drinking | 19.2% |
| Physical Inactivity | 16.1% |
| Depression | 19.7% |
| Mental Distress | 16.7% |
| Physical Distress | 11.1% |
| Short Sleep | 36.9% |
Healthcare Access
| Insurance Rate | 94.9% |
| Uninsured | 5.1% |
| 41% below US avg |
| Primary Care | 1:1,732 |
| Dentists | 1:3,360 |
| Mental Health | 1:883 |
| Checkup Rate | 77.5% |
| Dental Visits | 68.2% |
| Premature Death | 8,239/100K |
Food & Exercise
| Food Environment | 8.0/10 |
| Exercise Access | 62.1% |
| Healthcare Facilities | 391 |
Wallace enjoys a temperate climate with an average annual temperature of 69°F (21°C). Winters average 53°F in January while summers reach 84°F in July. Annual precipitation totals 66.4 inches (wetter than the 38-inch national average). The city sits at an elevation of 148 feet.
Temperature
53°F Jan (12°C)
84°F Jul (29°C)
| Annual Average | 69.2°F |
| 28% above US avg |
| January Average | 53°F (12°C) |
| July Average | 84°F (29°C) |
Geography
| Elevation | 148 ft (45 m) |
| Area | 11.8 sq mi (30.5 km²) |
| Population Density | 337/sq mi |
| Coordinates | 30.6733°N, 87.1959°W |
| Timezone | America/New_York |
| County | Santa Rosa County County |
| Nearest Airport | Pensacola International (PNS)
14 miles away |
Precipitation & Snow
Annual Rainfall
66.4"
75% above US avg
Wettest Month (Jul)
7.61"
Air Quality
Air Pollutants (EPA 2023)
Natural Hazard Risk
| Overall Risk | Relatively Moderate |
| Risk Score | 89.0 / 100 |
| Social Vulnerability | 12.2 / 100 |
| Community Resilience | 54.7 / 100 |
Hazard Breakdown
| Tornado |
Relatively Moderate |
| Hurricane |
Relatively High |
| Earthquake |
Very Low |
| Wildfire |
Relatively Low |
| Flood |
Relatively Moderate |
| Hail |
Relatively Low |
| Strong Wind |
Relatively Low |
| Heat Wave |
Relatively Moderate |
| Winter Weather |
Relatively Low |
| Lightning |
Relatively High |
| Ice Storm |
Very Low |
| Drought |
Relatively Low |
| Cold Wave |
Relatively Moderate |
| Landslide |
Very Low |
| Coastal Flood |
Relatively Moderate |
Source: FEMA National Risk Index v1.20 (Dec 2025)
Earthquake History
15 earthquakes (M2.5+) within 150 km since 1990.
Strongest: M4.8. Most recent: M2.6 on Apr 12, 2019.
| Oct 24, 1997 |
15 km NNW of Flomaton, Alabama |
M4.8 |
51 km |
| Oct 26, 1997 |
11 km NNW of Flomaton, Alabama |
M3.7 |
49 km |
| Feb 18, 2011 |
22 km SSE of Dauphin Island, Alabama |
M3.5 |
102 km |
| Sep 30, 2003 |
10 km NNW of Atmore, Alabama |
M3.3 |
58 km |
| May 4, 1997 |
9 km ESE of Atmore, Alabama |
M3.1 |
41 km |
| Mar 11, 2019 |
4 km N of Flomaton, Alabama |
M3.1 |
42 km |
| Apr 11, 2019 |
6 km NNW of Pollard, Alabama |
M3.1 |
46 km |
| Oct 28, 1997 |
11 km NNW of Flomaton, Alabama |
M3.0 |
49 km |
| Sep 25, 2003 |
14 km N of Atmore, Alabama |
M2.9 |
61 km |
| Mar 7, 2019 |
2 km NW of Jay, Florida |
M2.8 |
33 km |
| Mar 24, 2019 |
2 km ESE of Century, Florida |
M2.7 |
32 km |
| Nov 10, 2012 |
16 km S of Dauphin Island, Alabama |
M2.6 |
107 km |
| Apr 12, 2019 |
13 km NW of Flomaton, Alabama |
M2.6 |
50 km |
| Sep 5, 2000 |
1 km ENE of Monroeville, Alabama |
M2.5 |
96 km |
| Apr 11, 2019 |
8 km NW of Pollard, Alabama |
M2.5 |
46 km |
Source: USGS (M2.5+, 1990-2025)
Hurricane History
18 hurricanes (Cat 1+) within 500 km since 1980.
Strongest: Category 5. Most recent: Sally (2020, Cat 2).
| Year |
Name |
Category |
Closest |
| 2020 |
Zeta |
Category 2 |
181 km |
| 2020 |
Sally |
Category 2 |
24 km |
| 2018 |
Michael |
Category 5 |
179 km |
| 2017 |
Nate |
Category 1 |
175 km |
| 2016 |
Hermine |
Category 1 |
296 km |
| 2012 |
Isaac |
Category 1 |
278 km |
| 2009 |
Ida |
Category 1 |
282 km |
| 2005 |
Dennis |
Category 4 |
17 km |
| 2005 |
Katrina |
Category 4 |
234 km |
| 2004 |
Ivan |
Category 4 |
58 km |
| 1998 |
Georges |
Category 2 |
163 km |
| 1998 |
Earl |
Category 2 |
138 km |
| 1997 |
Danny |
Category 1 |
74 km |
| 1995 |
Opal |
Category 4 |
43 km |
| 1995 |
Erin |
Category 2 |
30 km |
| 1988 |
Florence |
Category 1 |
262 km |
| 1985 |
Elena |
Category 3 |
109 km |
| 1985 |
Kate |
Category 2 |
173 km |
Source: NOAA IBTrACS (Cat 1+, 1980-2026)
Tornado History
589 tornadoes (EF0+) within 100 km since 1950.
Strongest: EF4. Total: 24 fatalities, 646 injuries.
| Date |
Rating |
Distance |
Fatalities |
| Apr 23, 1971 |
EF4 |
93 km |
0 |
| Feb 23, 2016 |
EF3 |
20 km |
0 |
| Feb 15, 2016 |
EF3 |
28 km |
0 |
| Oct 13, 2001 |
EF3 |
54 km |
0 |
| Nov 21, 1997 |
EF3 |
85 km |
0 |
| Apr 18, 1978 |
EF3 |
98 km |
0 |
| Dec 20, 1971 |
EF3 |
76 km |
0 |
| Feb 7, 1971 |
EF3 |
36 km |
0 |
| Nov 3, 1968 |
EF3 |
89 km |
0 |
| Dec 10, 1967 |
EF3 |
96 km |
0 |
| Oct 30, 1967 |
EF3 |
28 km |
0 |
| Dec 25, 1964 |
EF3 |
66 km |
0 |
| Mar 31, 1962 |
EF3 |
11 km |
17 |
| Dec 10, 1961 |
EF3 |
52 km |
0 |
| May 5, 1956 |
EF3 |
27 km |
0 |
| Apr 18, 1950 |
EF3 |
96 km |
0 |
| May 10, 2024 |
EF2 |
30 km |
0 |
| Jun 15, 2023 |
EF2 |
30 km |
0 |
| Jan 22, 2023 |
EF2 |
89 km |
0 |
| Jun 19, 2021 |
EF2 |
45 km |
0 |
Source: NOAA SPC (EF0+, 1950-2024)
Wildfire History
20 wildfires (100+ acres) within 100 km.
Largest: UNNAMED (10,557 ac, 2006).
| Year |
Name |
Acres |
Distance |
| 2006 |
UNNAMED |
10,557 |
42 km |
| 2006 |
UNNAMED |
9,706 |
39 km |
| 2013 |
UNNAMED |
9,046 |
78 km |
| 2008 |
UNNAMED |
7,660 |
68 km |
| 2005 |
UNNAMED |
7,388 |
58 km |
| 2005 |
UNNAMED |
7,334 |
69 km |
| 2010 |
UNNAMED |
5,692 |
38 km |
| 2007 |
UNNAMED |
5,616 |
38 km |
| 2013 |
LOW KEY |
5,554 |
41 km |
| 2013 |
UNNAMED |
5,525 |
57 km |
| 2012 |
UNNAMED |
4,627 |
46 km |
| 2009 |
UNNAMED |
4,577 |
50 km |
| 2007 |
UNNAMED |
4,523 |
52 km |
| 2011 |
UNNAMED |
4,486 |
35 km |
| 2008 |
UNNAMED |
4,397 |
50 km |
| 2010 |
UNNAMED |
4,235 |
89 km |
| 2012 |
UNNAMED |
4,231 |
54 km |
| 2008 |
UNNAMED |
4,200 |
54 km |
| 2009 |
UNNAMED |
4,141 |
84 km |
| 2010 |
UNNAMED |
4,119 |
36 km |
Source: NIFC/IRWIN (100+ acres)
Monthly Weather
| Month |
Avg Temperature |
Precipitation |
Summary |
| January |
53°F (12°C) |
5.5 in |
Coldest |
| February |
57°F (14°C) |
4.9 in |
|
| March |
63°F (17°C) |
5.4 in |
|
| April |
68°F (20°C) |
5.9 in |
|
| May |
75°F (24°C) |
3.8 in |
Driest |
| June |
82°F (28°C) |
6.8 in |
|
| July |
84°F (29°C) |
7.6 in |
Warmest, Wettest |
| August |
83°F (28°C) |
6.4 in |
|
| September |
80°F (27°C) |
6.5 in |
|
| October |
71°F (21°C) |
3.9 in |
|
| November |
61°F (16°C) |
4.4 in |
|
| December |
56°F (13°C) |
5.4 in |
|
Wallace has a seasonal temperature swing of 31°F / from 53°F in January to 84°F in July. Total annual precipitation is 66.4 inches, with July being the wettest month (7.6") and May the driest (3.8").
Average costs for common services in Wallace. Prices are estimated based on regional cost of living data and may vary by provider.
Healthcare
| Doctor Visit (Primary Care) |
$259 ($155-$414) |
| Specialist Visit |
$362 ($207-$569) |
| Urgent Care Visit |
$207 ($103-$362) |
| Emergency Room Visit |
$2,275 ($827-$5,170) |
| Dental Cleaning |
$134 ($78-$207) |
| Dental Filling |
$259 ($155-$414) |
View all 40 services
Auto Repair
| Oil Change (Conventional) |
$47 ($26-$78) |
| Oil Change (Synthetic) |
$78 ($52-$124) |
| Brake Pad Replacement |
$310 ($155-$517) |
| Tire Rotation |
$41 ($21-$78) |
| New Tires (Set of 4) |
$620 ($414-$1,034) |
| Battery Replacement |
$207 ($103-$362) |
View all 18 services
Home Services
| Plumber (Per Hour) |
$103 ($62-$155) |
| Electrician (Per Hour) |
$93 ($52-$145) |
| HVAC Repair |
$414 ($155-$827) |
| HVAC System Install |
$7,238 ($4,136-$12,408) |
| Roof Repair |
$1,034 ($414-$2,068) |
| Roof Replacement |
$9,306 ($5,687-$15,510) |
View all 25 services
Legal
| Divorce (Uncontested) |
$1,551 ($517-$3,619) |
| Divorce (Contested) |
$15,510 ($5,170-$31,020) |
| DUI Defense |
$5,170 ($2,068-$10,340) |
| Bankruptcy (Chapter 7) |
$1,551 ($827-$3,102) |
| Will Preparation |
$517 ($207-$1,034) |
| Trust Preparation |
$2,585 ($1,034-$5,170) |
View all 12 services
Personal Care
| Men's Haircut |
$26 ($16-$47) |
| Women's Haircut |
$57 ($31-$103) |
| Hair Coloring (Full) |
$155 ($78-$259) |
| Manicure |
$26 ($16-$47) |
| Pedicure |
$41 ($26-$67) |
| Massage (1 Hour) |
$83 ($52-$134) |
View all 12 services
Food & Grocery
| Gallon of Milk (per gallon) |
$4.24 ($3.10-$5.69) |
| Dozen Eggs (per dozen) |
$3.62 ($2.59-$5.17) |
| Loaf of Bread |
$3.93 ($2.59-$5.69) |
| Chicken Breast (per lb) |
$4.65 ($3.10-$6.72) |
| Ground Beef (per lb) |
$5.69 ($4.14-$7.76) |
| Rice (per lb) |
$1.03 ($0.62-$1.86) |
View all 20 services
Utilities
| Electricity (Monthly) |
$145 ($83-$259) |
| Natural Gas (Monthly) |
$72 ($31-$155) |
| Water/Sewer (Monthly) |
$72 ($41-$124) |
| Internet (Monthly) |
$72 ($41-$103) |
| Cell Phone Plan (Monthly) |
$67 ($31-$103) |
| Cable TV (Monthly) |
$88 ($52-$155) |
View all 8 services
Transportation
| Monthly Parking (Downtown) |
$207 ($78-$517) |
| Car Insurance (Annual) |
$2,068 ($1,241-$3,619) |
| Bus Pass (Monthly) |
$72 ($31-$134) |
| Taxi/Uber (5-Mile Ride) |
$16 ($8.27-$26) |
| Car Registration (Annual) |
$103 ($31-$259) |
| Driver's License Renewal |
$31 ($16-$78) |
View all 8 services
Education & Childcare
| Daycare (Infant, Monthly) |
$1,241 ($620-$2,585) |
| Daycare (Toddler, Monthly) |
$1,034 ($517-$2,068) |
| After-School Care (Monthly) |
$414 ($207-$724) |
| Tutoring (Per Hour) |
$52 ($26-$103) |
| SAT/ACT Prep Course |
$1,034 ($414-$2,585) |
| Private School (K-12, Annual) |
$12,925 ($5,170-$31,020) |
View all 8 services
Pets
| Vet Visit (Routine Checkup) |
$62 ($31-$103) |
| Dog Vaccination (Annual) |
$103 ($52-$207) |
| Dog Grooming |
$62 ($31-$103) |
| Pet Boarding (Per Night) |
$41 ($21-$78) |
| Dog Spay/Neuter |
$310 ($155-$517) |
| Cat Spay/Neuter |
$207 ($103-$414) |
View all 9 services
Childcare
| Center-Based (monthly) |
| Infant | $1,018 |
| Toddler | $779 |
| Preschool | $714 |
| Family Childcare (monthly) |
| Infant | $693 |
| Toddler | $650 |
| Preschool | $628 |
Source: DOL Women's Bureau (2022)
Frequently Asked Questions About Wallace
What is the population of Wallace?
Wallace has a population of 3,965 residents and is located in Florida. The population density is 337 people per square mile, spread across 11.8 square miles. The median age of residents is 35.9 years, which is younger than the national median of 38.9 years. The population is 48.2% female and 51.8% male.
Is Wallace expensive to live in?
Wallace has a cost of living roughly in line with the national average, with an index of 103.4 (baseline: 100). The median household income is $115,216, 53% above the national average of $75,149. The median home value is $377,600 (34% above the U.S. median). Renters pay a median of $1,394 per month, above the national average of $1,163. The home price-to-income ratio is 3.3x, indicating housing is reasonably affordable relative to local income levels.
What is the weather like in Wallace?
Wallace enjoys a temperate climate with an average annual temperature of 69°F (21°C). Winter temperatures average 53°F in January, while summers reach an average of 84°F in July. Annual rainfall totals 66.4 inches.
How is the job market in Wallace?
The job market in Wallace is very strong, with unemployment at just 0.1% / well below the national rate of 3.6%. The average weekly wage is $985. There are 4,629 business establishments in the area, including 272 restaurants and food service locations. The average commute time is 42 minutes, and 12.2% of workers work from home.
How much does housing cost in Wallace?
The median home value in Wallace is $377,600. Zillow estimates the typical home value at $320,934. According to Redfin, the median sale price is $319,990, with homes typically selling within 114 days. For renters, the median monthly rent is $1,394. Fair market rent is $1,296 for a 1-bedroom and $1,526 for a 2-bedroom apartment. The homeownership rate is 93.9%. The average annual property tax is $5,381.
How are the schools in Wallace?
Schools in Wallace score 6.6 out of 10 on standardized testing, near the national average. 48.6% of adults in Wallace hold a bachelor's degree or higher, above the national average of 33.7%. 99.7% have completed high school. 12.8% hold a graduate or professional degree.
How healthy is Wallace?
The obesity rate in Wallace is 29.3% (below the national rate of 32.1%). 10.4% of adults are smokers. 16.1% are physically inactive. 19.7% of residents report depression. 5.1% lack health insurance (below the national rate). 62.1% of residents have access to exercise opportunities. The primary care physician ratio is 1:1,732.
What is transportation like in Wallace?
The average commute in Wallace is 42 minutes, longer than the national average of 28 minutes. 80.8% of workers drive alone to work, and 12.2% work from home.
What are the demographics of Wallace?
The racial and ethnic makeup of Wallace is 72.1% White, 2.3% Black or African American, 1.5% Hispanic or Latino, 7.2% Asian. 88.7% of residents speak only English at home, while 13.9% speak Spanish. 18.0% of the population are military veterans. 18.9% of residents have a disability. 94.9% have health insurance coverage.