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Wallace Ridge, LA

Full City Profile · Louisiana · Catahoula Parish County

2.9 /5.0
C+ Fair
660 Population 94/sq mi density
$61,136 Median Income $30,012 per capita
$159,400 Home Value $120,657 Zillow
65°F Avg Temperature 306 sunny days/yr
814 Violent Crime/100K 5,608 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$61,136 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$159,400 home value, /mo rent
F
Safety
1.0 / 5.0
814 violent crimes/100K (114% above avg)
C
Education
2.4 / 5.0
17.5% bachelor's degree or higher

Housing Overview

Median Home Value
$159,400
43% below
US avg: $281,900
Homeownership Rate
75.6%
16% above US avg (65.4%)
Total Housing Units
342
Median year built: 1977

Home Value by Source

Census Median
$159,400
Zillow (ZHVI)
$120,657
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

75.6%
Owner-Occupied
24.4%
Renter-Occupied
76%
24%
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

Affordability & Housing Stock

Rent Burden
34.9%
of renters spending 30%+ of income on housing
13% above US avg (31.0%)
Median Year Built
1977
Average age of housing stock: 49 years
Homeownership Rate
75.6%

Complete Housing Data

Home Values

Census Median Value$159,400
Zillow Home Value (ZHVI)$120,657

Rent

FMR Studio$763
FMR 1-Bedroom$832
FMR 2-Bedroom$1,007
FMR 3-Bedroom$1,298
FMR 4-Bedroom$1,508

Market

Ownership & Stock

Owner-Occupied75.6%
Renter-Occupied24.4%
Homeownership Rate75.6%
Total Housing Units342
Median Year Built1977
Rent Burden34.9%