Home Value
$75,800
73% lower than US avg
Bachelor's+
5.7%
83% lower than US avg
Obesity Rate
39.0%
21% higher than US avg
Unemployment
3.3%
8% lower than US avg
Poverty Rate
15.9%
28% higher than US avg
How Wallace Compares to the U.S. Average (100% = U.S. avg)
People
Population669
Median Age54.5 yrs
Density102/mi²
Male / Female54% / 46%
Largest GroupWhite 43%
Economy
Median IncomeN/A
Per Capita$23,506
Unemployment3.3%
Poverty15.9%
County GDP$965M
Commute30 min
Housing
Home Value$75,800
RentN/A
OwnershipN/A
Zillow$121,237
Health
Obesity39.0%
UninsuredN/A
Depression25.2%
Heart Disease6.8%
Climate
Avg Temp62°F
AQI43 (Good)
Rain48.6 in/yr
Elevation150 ft
Education
F
Bachelor's+5.7%
High School+87.7%
School Score4.51
Community
2024 VoteR 48% / D 51%
Commute30 min
Libraries2
Is Wallace a Good Place to Live?
Based on current data, Wallace receives an overall livability score of 1.5 out of 5.0, earning a grade of D. Key strengths include low unemployment, affordable housing. Areas to be aware of include high obesity rates. Wallace faces significant challenges across several quality-of-life categories.
Economy & Jobs
Unemployment stands at 3.3%, indicating a healthy job market. The poverty rate of 15.9% 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 is $75,800, 73% below the national median — offering relatively affordable homeownership.
Education
5.7% of residents hold a bachelor's degree, below the national average of 33.7%. 87.7% have completed high school. Area schools have an average test score of 4.5/10.
Climate & Weather
Wallace enjoys a moderate climate with an average annual temperature of 62°F. Winters average 43°F in January while summers reach 81°F in July. Annual precipitation totals 48.6 inches. Air quality is rated Good with a median AQI of 43.
Wallace has a population of 669 with a density of 102 people per square mile. The median age is 54.5 years, 40% older than the national median of 38.9. The city is predominantly White (43.3%), with 15.2% Hispanic, 38.3% Black.
Population
54.5yrs
Median Age
40% above US avg
Language Spoken at Home
| English Only | 100.0% |
| 27% above US avg |
| Spanish | 0.0% |
| 100% below US avg |
The median household income in Wallace is N/A. The unemployment rate is 3.3% (below the 3.6% US average). 15.9% of residents live below the poverty line. Workers commute an average of 30 minutes.
Income
| |
| Per Capita Income | $23,506 |
| Avg Weekly Wage | $1,036 |
| IRS Avg AGI | $41,399 |
Employment & Poverty
| Unemployment | 3.3% |
| 8% below US avg |
| Poverty Rate | 15.9% |
| 28% above US avg |
| Establishments (County) | 334 |
| County GDP | $965M |
Business (County)
| Restaurants | 30 |
| Healthcare | 40 |
| Retail | 85 |
| Manufacturing | 20 |
Tax & Cost of Living
| Property Tax (IRS) | $2,280 |
| 35% below US avg |
| Effective Tax Rate | 3.01% |
Commute & Transportation
| Commute Time | 29.6 min |
| Work from Home | 3.9% |
The median home value in Wallace is $75,800, 73% below the national average. Zillow estimates the typical home value at $121,237.
Home Values
| Census Median | $75,800 |
| 73% below US avg |
| Zillow ZHVI | $121,237 |
Real Estate Market (Redfin)
Rental Costs
HUD Fair Market Rent
| Studio | $928 |
| 1 Bedroom | $982 |
| 2 Bedrooms | $1,155 |
| 3 Bedrooms | $1,450 |
| 4 Bedrooms | $1,699 |
Ownership & Property
Property Tax
| Avg Tax (IRS) | $2,280 |
| 35% below US avg |
| Effective Rate | 3.01% |
In Wallace, 39.0% of adults are obese (above the 32.1% national rate). 25.2% report depression. 35.0% are physically inactive.
Health Metrics: Wallace vs U.S. Average (%)
Chronic Conditions
| Obesity | 39.0% |
| 21% above US avg |
| Diabetes | 15.5% |
| Heart Disease | 6.8% |
| High Blood Pressure | 41.6% |
| Asthma | 11.5% |
| COPD | 9.5% |
| Stroke | 4.6% |
Behaviors & Mental Health
| |
| Binge Drinking | 14.8% |
| Physical Inactivity | 35.0% |
| Depression | 25.2% |
| Mental Distress | 21.5% |
| Physical Distress | 17.1% |
Healthcare Access
| Insurance Rate | 82.9% |
| |
| Checkup Rate | 79.0% |
| Premature Death | 17,178/100K |
Food & Exercise
| Food Environment | 6.5/10 |
| Exercise Access | 39.0% |
| Healthcare Facilities | 40 |
Crime Rates: Wallace vs U.S. Average (per 100,000)
Traffic Safety
| Fatal Crashes (County/yr) | 13 |
Safety Score
Wallace has an average annual temperature of 62°F (17°C). Winters average 43°F in January while summers reach 81°F in July. Annual precipitation is 48.6 inches. Air quality is rated Good with a median AQI of 43.
Temperature
43°F Jan (6°C)
81°F Jul (27°C)
| Annual Average | 61.9°F |
| 15% above US avg |
| January Average | 43°F (6°C) |
| July Average | 81°F (27°C) |
Precipitation & Snow
| Annual Rainfall | 48.6 inches |
| 28% above US avg |
| Snowfall | 0.1 inches/yr |
Air Quality
| AQI Median | 43.0 |
| Rating | Good |
Geography
| Elevation | 150 ft (46 m) |
| Area | 6.6 sq mi (17.0 km²) |
| Population Density | 102/sq mi |
| Coordinates | 34.7231°N, 79.8403°W |
| County FIPS | 45069 |