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Wallace, NC

Full City Profile · North Carolina · Duplin County County

2.7 /5.0
C+ Fair
3,438 Population 1,078/sq mi density
$49,358 Median Income $27,531 per capita
$192,800 Home Value $212,467 Zillow
$833 Median Rent 25.2% income on rent
62°F Avg Temperature 301 sunny days/yr
520 Violent Crime/100K 5,668 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$49,358 median income, 3.6% unemployment
A
Affordability
4.5 / 5.0
$192,800 home value, $833/mo rent
F
Safety
1.0 / 5.0
520 violent crimes/100K (37% above avg)
C
Education
2.2 / 5.0
14.6% bachelor's degree or higher

Housing Overview

Median Home Value
$192,800
32% below
US avg: $281,900
Median Rent
$833/mo
28% below
US avg: $1,163/mo
Homeownership Rate
50.4%
23% below US avg (65.4%)
Total Housing Units
1,819
Median year built: 1981

Home Value by Source

Census Median
$192,800
Zillow (ZHVI)
$212,467
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

50.4%
Owner-Occupied
49.6%
Renter-Occupied
50%
50%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent: $833/mo

Affordability & Housing Stock

Rent Burden
25.2%
of renters spending 30%+ of income on housing
19% below US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
50.4%

Complete Housing Data

Home Values

Census Median Value$192,800
Zillow Home Value (ZHVI)$212,467

Rent

Census Median Rent$833
FMR Studio$932
FMR 1-Bedroom$981
FMR 2-Bedroom$1,161
FMR 3-Bedroom$1,499
FMR 4-Bedroom$1,780

Market

Ownership & Stock

Owner-Occupied50.4%
Renter-Occupied49.6%
Homeownership Rate50.4%
Total Housing Units1,819
Median Year Built1981
Rent Burden25.2%