Median Income
$61,136
19% lower than US avg
Home Value
$159,400
43% lower than US avg
Bachelor's+
17.5%
48% lower than US avg
Obesity Rate
40.2%
25% higher than US avg
Unemployment
0.0%
100% lower than US avg
Poverty Rate
23.9%
93% higher than US avg
How Wallace Ridge Compares to the U.S. Average (100% = U.S. avg)
People
Population660
Median Age29.3 yrs
Density94/mi²
Male / Female55% / 45%
Largest GroupWhite 69%
Economy
B
Median Income$61,136
Per Capita$30,012
Unemployment0.0%
Poverty23.9%
County GDP$235M
Commute30 min
Housing
A+
Home Value$159,400
RentN/A
OwnershipN/A
Health
Obesity40.2%
UninsuredN/A
Depression33.3%
Heart Disease7.5%
Climate
Avg Temp65°F
AQI42 (Good)
Rain59.6 in/yr
Elevation60 ft
Education
C
Bachelor's+17.5%
High School+95.7%
School Score4.48
Community
2024 VoteR 75% / D 24%
Commute30 min
Libraries4
Is Wallace Ridge a Good Place to Live?
Based on current data, Wallace Ridge receives an overall livability score of 3.6 out of 5.0, earning a grade of B+. Key strengths include low unemployment, affordable housing, high health insurance coverage. Areas to be aware of include an elevated poverty rate, high obesity rates. Wallace Ridge offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Wallace Ridge is $61,136, 19% below the national average of $75,149. The job market is very strong with unemployment at just 0.0%. The poverty rate of 23.9% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 30 minutes.
Cost of Living & Housing
The median home value in Wallace Ridge is $159,400, 43% below the national median — offering relatively affordable homeownership. At just 2.6x median income, home prices are very affordable relative to local earnings.
Education
17.5% of residents hold a bachelor's degree, below the national average of 33.7%. 95.7% have completed high school. Area schools have an average test score of 4.5/10.
Climate & Weather
Wallace Ridge enjoys a moderate climate with an average annual temperature of 65°F. Winters average 47°F in January while summers reach 81°F in July. Annual precipitation totals 59.6 inches. Air quality is rated Good with a median AQI of 42.
Wallace Ridge has a population of 660 with a density of 94 people per square mile. The median age is 29.3 years, 25% younger than the national median of 38.9. The city is predominantly White (68.6%), with 31.4% Black.
Population
29.3yrs
Median Age
25% below US avg
Race & Ethnicity
Wallace Ridge vs U.S. Average
Language Spoken at Home
| English Only | 100.0% |
| 27% above US avg |
| Spanish | 0.0% |
| 100% below US avg |
Social Characteristics
Wallace Ridge vs U.S. Average
The median household income in Wallace Ridge is $61,136, which is 19% below the national average of $75,149. The unemployment rate is 0.0% (below the 3.6% US average). 23.9% of residents live below the poverty line. Workers commute an average of 30 minutes.
Income: Wallace Ridge vs U.S.
Income
| Median HH Income | $61,136 |
| 19% below US avg |
| Per Capita Income | $30,012 |
| Avg Weekly Wage | $748 |
| IRS Avg AGI | $50,590 |
Employment & Poverty
| Unemployment | 0.0% |
| 100% below US avg |
| Poverty Rate | 23.9% |
| 93% above US avg |
| Establishments (County) | 273 |
| County GDP | $235M |
Business (County)
| Restaurants | 7 |
| Healthcare | 19 |
| Retail | 33 |
Tax & Cost of Living
| Property Tax (IRS) | $1,040 |
| 70% below US avg |
| Effective Tax Rate | 0.65% |
Commute & Transportation
| Commute Time | 29.9 min |
| Work from Home | 3.4% |
The median home value in Wallace Ridge is $159,400, 43% below the national average.
Home Values
| Census Median | $159,400 |
| 43% below US avg |
Real Estate Market (Redfin)
Rental Costs
HUD Fair Market Rent
| Studio | $763 |
| 1 Bedroom | $832 |
| 2 Bedrooms | $1,007 |
| 3 Bedrooms | $1,298 |
| 4 Bedrooms | $1,508 |
Ownership & Property
Property Tax
| Avg Tax (IRS) | $1,040 |
| 70% below US avg |
| Effective Rate | 0.65% |
In Wallace Ridge, 40.2% of adults are obese (above the 32.1% national rate). 33.3% report depression. 35.3% are physically inactive.
Health Metrics: Wallace Ridge vs U.S. Average (%)
Chronic Conditions
| Obesity | 40.2% |
| 25% above US avg |
| Diabetes | 13.4% |
| Heart Disease | 7.5% |
| High Blood Pressure | 39.3% |
| Asthma | 11.5% |
| COPD | 11.5% |
| Stroke | 4.3% |
Behaviors & Mental Health
| |
| Binge Drinking | 18.4% |
| Physical Inactivity | 35.3% |
| Depression | 33.3% |
| Mental Distress | 24.3% |
| Physical Distress | 18.7% |
Healthcare Access
| Insurance Rate | 99.6% |
| |
| Checkup Rate | 78.1% |
| Premature Death | 13,445/100K |
Food & Exercise
| Food Environment | 6.2/10 |
| Exercise Access | 15.4% |
| Healthcare Facilities | 19 |
Crime Rates: Wallace Ridge vs U.S. Average (per 100,000)
Traffic Safety
| Fatal Crashes (County/yr) | 3 |
Safety Score
Wallace Ridge has an average annual temperature of 65°F (18°C). Winters average 47°F in January while summers reach 81°F in July. Annual precipitation is 59.6 inches. Air quality is rated Good with a median AQI of 42.
Temperature
47°F Jan (8°C)
81°F Jul (27°C)
| Annual Average | 65.2°F |
| 21% above US avg |
| January Average | 47°F (8°C) |
| July Average | 81°F (27°C) |
Precipitation & Snow
| Annual Rainfall | 59.6 inches |
| 57% above US avg |
| Snowfall | 0.1 inches/yr |
Air Quality
| AQI Median | 42.0 |
| Rating | Good |
Geography
| Elevation | 60 ft (18 m) |
| Area | 7.0 sq mi (18.1 km²) |
| Population Density | 94/sq mi |
| Coordinates | 31.6841°N, 91.8287°W |
| County FIPS | 22025 |