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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

Change Over Time (2013–2023)

Population Change
+141.3%
1,643 → 3,965
over 10 years
Annual Pop. Growth
+9.21%
Compound annual growth rate
Median Income Change
+60.9%
$71,597 → $115,216
nominal, not inflation-adjusted
Annual Income Growth
+4.87%
Compound annual growth rate

Population Over Time

Total population for Wallace across each available Census ACS release.

Median Household Income Over Time

Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).

Projected 2030

Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.

Projected Population 2030
7,346
+3,381 from 2023 (3,965)
Projected Median Income 2030
$160,721
+$45,505 from 2023 ($115,216)

Year-by-Year Detail

Year Population YoY % Median Income YoY %
2013 1,643 $71,597
2015 1,502 -8.6% $70,645 -1.3%
2017 2,091 +39.2% $74,833 +5.9%
2019 2,467 +18% $90,139 +20.5%
2021 2,997 +21.5% $86,220 -4.3%
2023 3,965 +32.3% $115,216 +33.6%
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.