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Wallace, LA

Full City Profile · Louisiana · St. James Parish County

3.4 /5.0
B Good
1,383 Population 214/sq mi density
$98,750 Median Income $29,938 per capita
$206,900 Home Value $199,392 Zillow
69°F Avg Temperature 313 sunny days/yr
519 Violent Crime/100K 2,623 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$98,750 median income, 6.5% unemployment
A+
Affordability
5.0 / 5.0
$206,900 home value, /mo rent
F
Safety
1.0 / 5.0
519 violent crimes/100K (37% above avg)
B
Education
3.5 / 5.0
31.0% bachelor's degree or higher

Income Overview

Median Household Income
$98,750
31% above
US avg: $75,149
Per Capita Income
$29,938
23% below
US avg: $39,052
Unemployment Rate
6.5%
81% above
US avg: 3.6%
Poverty Rate
4.7%
62% 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
$98,750
131%
Per Capita
US: $39,052
$29,938
77%
IRS Avg AGI
US: $72,000
$67,786
94%
Avg Weekly Wage
US: $1,432
$1,519
106%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,519
6% above US avg ($1,432)
Mean Commute Time
32 min
16% above US avg (28 min)
Work From Home
3.6%
76% below US avg (15.2%)
Drive Alone
92.9%
27% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$3,330M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 92.9%
Public Transit 0%
Work From Home 3.6%
Other 3.5%
Average commute time
32 minutes
US avg: 28 min

Business Landscape

Total Establishments
462
Restaurants
29
Healthcare
36
Retail
48
Manufacturing
28

Tax & Financial

IRS Avg Adjusted Gross Income
$67,786
6% below US avg ($72,000)
Avg Property Tax
$2,726
22% below US avg ($3,500)
Cost of Living Index
88.2
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$98,750
Per Capita Income$29,938
IRS Avg Adjusted Gross Income$67,786
Avg Weekly Wage$1,519
County GDP$3,330M

Hardship Indicators

Unemployment Rate6.5%
Poverty Rate4.7%
Gini Coefficient0.435
Cost of Living Index88.2

Commute

Mean Commute32 minutes
Drive Alone92.9%
Public Transit0.0%
Work From Home3.6%

Businesses

Total Establishments462
Restaurants29
Healthcare36
Retail48
Manufacturing28

Tax

IRS Avg AGI$67,786
Avg Property Tax$2,726