All Countries
Wallace, FL
Full City Profile · Florida · Santa Rosa County County
3.9
/5.0
B+
Good
3,965
Population
337/sq mi density
$115,216
Median Income
$50,239 per capita
$377,600
Home Value
$320,934 Zillow
$1,394
Median Rent
27.9% income on rent
65°F
Avg Temperature
313 sunny days/yr
286
Violent Crime/100K
2,627 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$115,216 median income, 0.1% unemployment
A+
Affordability
4.8 / 5.0
$377,600 home value, $1,394/mo rent
F
Safety
1.0 / 5.0
286 violent crimes/100K
A+
Education
4.9 / 5.0
48.6% bachelor's degree or higher
Income Overview
Median Household Income
$115,216
53% above
US avg: $75,149
Per Capita Income
$50,239
29% above
US avg: $39,052
Unemployment Rate
0.1%
97% below
US avg: 3.6%
Poverty Rate
6.7%
46% below
US avg: 12.4%
Income Comparison: Wallace vs. U.S. Average
Each bar shows Wallace’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$115,216
153%
Per Capita
US: $39,052
$50,239
129%
IRS Avg AGI
US: $72,000
$88,416
123%
Avg Weekly Wage
US: $1,432
$985
69%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$985
31% below US avg ($1,432)
Mean Commute Time
42 min
53% above US avg (28 min)
Work From Home
12.2%
20% below US avg (15.2%)
Drive Alone
80.8%
10% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$7,899M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
80.8%
Public Transit
0%
Work From Home
12.2%
Other
7%
Average commute time
42 minutes
US avg: 28 min
Business Landscape
Total Establishments
4,629
Restaurants
272
Healthcare
391
Retail
411
Manufacturing
58
Tax & Financial
IRS Avg Adjusted Gross Income
$88,416
23% above US avg ($72,000)
Avg Property Tax
$5,381
54% above US avg ($3,500)
Cost of Living Index
103.4
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $115,216 |
| Per Capita Income | $50,239 |
| IRS Avg Adjusted Gross Income | $88,416 |
| Avg Weekly Wage | $985 |
| County GDP | $7,899M |
Hardship Indicators
| Unemployment Rate | 0.1% |
| Poverty Rate | 6.7% |
| Gini Coefficient | 0.419 |
| Cost of Living Index | 103.4 |
Commute
| Mean Commute | 42 minutes |
| Drive Alone | 80.8% |
| Public Transit | 0.0% |
| Work From Home | 12.2% |
Businesses
| Total Establishments | 4,629 |
| Restaurants | 272 |
| Healthcare | 391 |
| Retail | 411 |
| Manufacturing | 58 |
Tax
| IRS Avg AGI | $88,416 |
| Avg Property Tax | $5,381 |