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
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-Occupied | 50.4% |
| Renter-Occupied | 49.6% |
| Homeownership Rate | 50.4% |
| Total Housing Units | 1,819 |
| Median Year Built | 1981 |
| Rent Burden | 25.2% |
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