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Wallace, FL

Comprehensive demographics, housing data, local amenities, and economic statistics for Wallace.

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Community Insights

Veteran Community
13% of residents
top 4% nationally
Highly Educated
31% bachelor's · 14% graduate
top 7% nationally
Leading Industries
Education · Arts, Food & Hospitality
4% education
Home Value Growth⬆⬆⬆
+34.4% over 2 years
Family-Friendly
24% of residents
slightly above average
Homeowners
92% of occupied units

People & Demographics

Total Population4,232
Households—
Under 18
24.0%
Age 18–34
23.0%
Age 35–64
34.0%
Age 65+
18.0%
Veterans
13.0%
Active Duty
1.0%

Housing & Living

Median Home Value$424,413
Median Gross Rent$1,431/mo
Owner Occupied
92.4%
Renter Occupied
7.6%
Detached Homes
—
Built Pre-1940
—

Economy & Income

Median Household Income$117,936
Poverty Rate—

Key Industries

Healthcare10.0%
Professional Services1.0%
Manufacturing0.0%
Retail10.0%
Education4.0%

Amenities & Transit

Transit Score71 / 100
Walkability / Amenities31 / 100
Commute < 15m
—
Commute 60m+
—

Education

High School Grad
—
Bachelor's Degree
31.0%
Master's or Higher
14.0%
School Enrollment
—

Frequently Asked Questions

What is the population and demographic makeup of Wallace?›

The total population of Wallace is approximately 4,232. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Wallace walkable and transit-friendly?›

Based on local geographic data, Wallace has an amenity and walkability score of 31/100 and a transit score of 71/100. This indicates the area is mostly car-dependent for daily errands and commuting.

Do more people rent or own homes in Wallace?›

The housing market in Wallace is predominantly driven by homeowners, with 92% of housing units being owner-occupied and 8% being renter-occupied.

What is the education level of residents in Wallace?›

In Wallace, approximately 31% of adult residents hold a bachelor's degree or higher. Additionally, 14% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.