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Wallaceton, PA

Pennsylvania · Metropolitan Area

Wallaceton is a small town in Pennsylvania with a population of 245. Residents earn $61,875 per year, which is 18% below the national average.

3.5 /5.0
B+ Good
245 Population 322/sq mi density
$61,875 Median Income $26,804 per capita
$88,000 Home Value
$950 Median Rent 17.9% income on rent
47°F Avg Temperature 275 sunny days/yr
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$61,875 median income, 5.3% unemployment
A+
Affordability
5.0 / 5.0
$88,000 home value, $950/mo rent
D
Education
1.8 / 5.0
10.3% bachelor's degree or higher
Median Income $61,875
18% lower than US avg
Home Value $88,000
69% lower than US avg
Bachelor's+ 10.3%
69% lower than US avg
Median Rent $950
18% lower than US avg
Unemployment 5.3%
47% higher than US avg
Poverty Rate 4.5%
64% lower than US avg

How Wallaceton Compares to the U.S. Average (100% = U.S. avg)

People

Population245
Median Age47.6 yrs
Density322/mi²
Male / Female58% / 42%
Largest GroupWhite 96%
Veterans6.9%

Economy

B+
Median Income$61,875
Per Capita$26,804
Unemployment5.3%
Poverty4.5%
County GDP$8,000M
Commute32 min

Housing

A+
Home Value$88,000
Rent$950
OwnershipN/A
Housing Units114
Rent Burden17.9%

Climate

Avg Temp47°F (8°C)
AQI40 (Good)
Rain42.0 in/yr
Sunny Days275/yr
Elevation1,779 ft (542 m)

Education

D
Bachelor's+10.3%
High School+82.1%
Graduate+0.0%
School Score5.95

Community

2024 VoteR 71% / D 28%
Commute32 min
Broadband99.0%
Libraries8

Is Wallaceton a Good Place to Live?

Based on current data, Wallaceton receives an overall livability score of 3.5 out of 5.0, earning a grade of B+. Key strengths include affordable housing, abundant sunshine, a low poverty rate, high health insurance coverage. Areas to be aware of include above-average unemployment. Wallaceton offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Wallaceton is $61,875, 18% below the national average of $75,149. The unemployment rate of 5.3% is somewhat elevated compared to the national rate of 3.6%. Only 4.5% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 32 minutes.

Cost of Living & Housing

The median home value in Wallaceton is $88,000, 69% below the national median — offering relatively affordable homeownership. Renters pay a median of $950 per month, below the national average — a plus for affordability. At just 1.4x median income, home prices are very affordable relative to local earnings.

Education

10.3% of residents hold a bachelor's degree, below the national average of 33.7%. 82.1% have completed high school. Area schools have an average test score of 5.9/10.

Climate & Weather

Wallaceton experiences four distinct seasons with an average temperature of 47°F. Winters average 24°F in January while summers reach 68°F in July. With 275 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 42.0 inches, including 50.0 inches of snow. Air quality is rated Good with a median AQI of 40.

Wallaceton has a population of 245 with a density of 322 people per square mile. The median age is 47.6 years, 22% older than the national median of 38.9. The city is predominantly White (95.5%), with 3.3% Black.

Population

245
Total Population
322
People / sq mi
47.6yrs
Median Age
22% above US avg
0.8mi²
Land Area

Gender Distribution

Male 58%
Female 42%

Race & Ethnicity

Wallaceton vs U.S. Average

Language Spoken at Home

English Only95.9%
22% above US avg
Spanish4.1%
69% below US avg

Social Characteristics

Wallaceton vs U.S. Average

The median household income in Wallaceton is $61,875, which is 18% below the national average of $75,149. The unemployment rate is 5.3% (above the 3.6% US average). 4.5% of residents live below the poverty line. Workers commute an average of 32 minutes.

Income: Wallaceton vs U.S.

Commute Mode

Income

Median HH Income$61,875
18% below US avg
Per Capita Income$26,804
Avg Weekly Wage$1,024
IRS Avg AGI$66,997

Employment & Poverty

Unemployment5.3%
47% above US avg
Poverty Rate4.5%
64% below US avg
Establishments (County)3,430
County GDP$8,000M

Business (County)

Restaurants305
Healthcare462
Retail495
Manufacturing128

Tax & Cost of Living

Property Tax (IRS)$4,849
39% above US avg
Cost of Living97.60 (100=avg)
Effective Tax Rate5.51%

Commute & Transportation

Commute Time31.5 min
Drive Alone63.5%
Public Transit0.0%
Work from Home20.9%

Walkability

The median home value in Wallaceton is $88,000, 69% below the national average. Monthly rent averages $950 (18% below US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$88,000
69% below US avg

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$950
18% below US avg
Rent Burden17.9%

HUD Fair Market Rent

Studio$900
1 Bedroom$996
2 Bedrooms$1,225
3 Bedrooms$1,570
4 Bedrooms$1,744

Ownership & Property

Owner-Occupied84.8%
Housing Units114
Median Year Built1949

Property Tax

Avg Tax (IRS)$4,849
39% above US avg
Effective Rate5.51%
Wallaceton has an average annual temperature of 47°F (8°C). Winters average 24°F in January while summers reach 68°F in July. Annual precipitation is 42.0 inches. The area enjoys 275 sunny days per year. Air quality is rated Good with a median AQI of 40.

Temperature

24°F Jan (-5°C) 68°F Jul (20°C)
Annual Average46.6°F
14% below US avg
January Average24°F (-5°C)
July Average68°F (20°C)
Sunny Days275 days/yr

Precipitation & Snow

Annual Rainfall42.0 inches
11% above US avg
Snowfall50.0 inches/yr

Air Quality

AQI Median40.0
RatingGood

Geography

Elevation1,779 ft (542 m)
Area0.8 sq mi (2.0 km²)
Population Density322/sq mi
Coordinates40.9656°N, 78.2876°W
TimezoneAmerica/New_York
County FIPS42013
It is classified as Metro — under 250K. 10.3% of residents hold a bachelor's degree or higher (69% below US avg). In the 2024 election, the county voted Republican by a 43.5-point margin. 99.0% of households have broadband internet.

2024 Presidential Election (County)

R 71.4%
D 27.9%

Winner: Republican by 43.5 points

Education

Bachelor's Degree+10.3%
69% below US avg
High School+82.1%
Graduate Degree+0.0%
School Test Score5.95
D Education Grade (1.8/5.0)

Urban-Rural Classification

RUCC Code 3Metro — under 250K
Population Density322/sq mi
Total Area0.8 sq mi

Infrastructure & Services

Broadband Access99.0%
Public Libraries8
Healthcare Facilities462
Restaurants305
Retail Stores495

Safety & Disasters

Fatal Crashes (County/yr)12

Commute & Transportation

Avg Commute31.5 min
Drive Alone63.5%
Public Transit0.0%
Work from Home20.9%

Nearby Cities

Philipsburg, PA 2,754 pop · 6.2 mi Osceola Mills, PA 1,165 pop · 7.9 mi Clearfield, PA 5,918 pop · 8.8 mi Hyde, PA 1,071 pop · 9.8 mi Curwensville, PA 2,544 pop · 12.1 mi Stormstown, PA 2,455 pop · 18.5 mi Tyrone, PA 5,421 pop · 20.1 mi Park Forest Village, PA 8,810 pop · 22.9 mi Toftrees, PA 2,348 pop · 23.2 mi Bellwood, PA 1,586 pop · 25.3 mi State College, PA 40,669 pop · 25.5 mi Milesburg, PA 1,137 pop · 25.9 mi Houserville, PA 2,145 pop · 26.1 mi Pine Grove Mills, PA 1,653 pop · 26.4 mi
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