All Countries
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
Housing Overview
Median Home Value
$206,900
27% below
US avg: $281,900
Homeownership Rate
76.6%
17% above US avg (65.4%)
Total Housing Units
452
Median year built: 1987
Home Value by Source
Census Median
$206,900
Zillow (ZHVI)
$199,392
Median Sale Price
$287,000
Median List Price
$155,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
76.6%
Owner-Occupied
23.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$763/mo
1 Bedroom
$832/mo
2 Bedroom
$1,007/mo
3 Bedroom
$1,298/mo
4 Bedroom
$1,508/mo
Market Indicators (Redfin)
Median Days on Market
39 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
50.0%
of listings with price reduction
Price Per Sq Ft
$184
Active Inventory
2
homes for sale
Affordability & Housing Stock
Rent Burden
40.9%
of renters spending 30%+ of income on housing
32% above US avg (31.0%)
Median Year Built
1987
Average age of housing stock: 39 years
Homeownership Rate
76.6%
Complete Housing Data
Home Values
| Census Median Value | $206,900 |
| Zillow Home Value (ZHVI) | $199,392 |
| Median Sale Price | $287,000 |
| Median List Price | $155,000 |
| Price Per Sq Ft | $184 |
Rent
| FMR Studio | $763 |
| FMR 1-Bedroom | $832 |
| FMR 2-Bedroom | $1,007 |
| FMR 3-Bedroom | $1,298 |
| FMR 4-Bedroom | $1,508 |
Market
| Days on Market | 39 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 50.0% |
| Homes Sold | 1 |
| Active Inventory | 2 |
| Price Per Sq Ft | $184 |
Ownership & Stock
| Owner-Occupied | 76.6% |
| Renter-Occupied | 23.4% |
| Homeownership Rate | 76.6% |
| Total Housing Units | 452 |
| Median Year Built | 1987 |
| Rent Burden | 40.9% |