Population 410 · Census ACS 2020–24
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Median age by neighborhoodHistory and comparison ↓︎
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Population and households in Wallace
Household size in Wallace
| Period | Wallace | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 2.11 | 2.54 | 2.68 |
| 2010–14 | 2.69 | 2.57 | 2.73 |
| 2015–19 | 2.09 | 2.55 | 2.71 |
| 2020–24 | 2.62 | 2.53 | 2.65 |
| Change | +0.51 | −0.00 | −0.03 |
At 2.62 people per household, Wallace sits close to the national average of 2.65. The typical household here is bigger than in Arkansas overall, where it has 2.53 people. Household size has climbed from 2.11 in 2006–10, but in a place this small, much of that may be survey noise rather than real change.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Wallace
| Period | Wallace | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 44.4 | 37.9 | 37.7 |
| 2010–14 | 39.9 | 38.7 | 38.6 |
| 2015–19 | 49.7 | 39.5 | 39.6 |
| 2020–24 | 42.3 | 39.6 | 40.1 |
| Change | −2.1 | +1.7 | +2.3 |
Wallace skews a little older than the country: its median age is 42.3, against 40.1 nationally.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Wallace
| Period | Wallace | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 13.7% | 12.5% | 12.3% |
| 2010–14 | 16.8% | 12.5% | 12.3% |
| 2015–19 | 18.3% | 12.3% | 11.6% |
| 2020–24 | 27.2% | 12.3% | 11.6% |
| Change | +13.5 pts | −0.2 pts | −0.6 pts |
Single parents head more than a quarter of households in Wallace (27.2%), well above the national share of 11.6%.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Wallace
Renters in Wallace
| Period | Wallace | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 20.5% | 32.3% | 33.3% |
| 2010–14 | 9.6% | 33.5% | 35.6% |
| 2015–19 | 18.6% | 34.4% | 36.0% |
| 2020–24 | 16.7% | 33.6% | 34.8% |
| Change | −3.9 pts | +1.3 pts | +1.5 pts |
Wallace is largely a place of homeowners: only 16.7% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. About eight in ten owners (81.2%) have paid off their mortgages, well above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Wallace
| Period | Wallace | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 16.6% | 13.4% | 11.4% |
| 2010–14 | 24.5% | 13.9% | 11.4% |
| 2015–19 | 15.5% | 14.4% | 11.1% |
| 2020–24 | 10.3% | 13.1% | 9.6% |
| Change | −6.3 pts | −0.3 pts | −1.8 pts |
Vacancy in Wallace is close to the national rate: 10.3% of homes are empty, against 9.6%. The rate is lower than in Arkansas overall (13.1%).
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Wallace
| Period | Wallace | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 1969 | 1981 | 1974 |
| 2010–14 | 1972 | 1983 | 1975 |
| 2015–19 | 1977 | 1985 | 1977 |
| 2020–24 | 1983 | 1988 | 1980 |
| Change | +14 | +6 | +6 |
The typical home in Wallace was built around 1983, about the same vintage as the country's housing overall (1980). Homes here are older than in Arkansas overall, where the median home dates to 1988.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Wallace
| Period | Wallace | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | $360 | $660 | $965 |
| 2010–14 | $590 | $718 | $1,040 |
| 2015–19 | $445 | $785 | $1,213 |
| 2020–24 | $744 | $1,007 | $1,571 |
| Change | +$384 | +$346 | +$606 |
A typical rental in Wallace costs $744 a month with utilities, well below the national median of $1,571. The typical renter here spends 24.8% of household income on rent, comfortably under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Wallace
Bachelor's degrees in Wallace
| Period | Wallace | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 10.7% | 20.6% | 28.4% |
| 2010–14 | 16.4% | 21.8% | 29.6% |
| 2015–19 | 14.2% | 23.8% | 32.1% |
| 2020–24 | 12.4% | 26.2% | 35.6% |
| Change | +1.6 pts | +5.6 pts | +7.2 pts |
Fewer adults in Wallace have a four-year degree than in the country as a whole: 12.4%, against 35.6% nationally.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Wallace
| Period | Wallace | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 78.5% | 82.6% | 84.9% |
| 2010–14 | 89.1% | 84.6% | 86.1% |
| 2015–19 | 92.6% | 86.6% | 87.7% |
| 2020–24 | 96.9% | 88.7% | 89.3% |
| Change | +18.3 pts | +6.1 pts | +4.3 pts |
High school completion is high in Wallace: 96.9% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Wallace
| Period | Wallace | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 14.0% | 7.7% | 8.1% |
| 2010–14 | 4.0% | 8.4% | 9.4% |
| 2015–19 | 4.0% | 5.2% | 5.6% |
| 2020–24 | 6.5% | 5.1% | 5.4% |
| Change | −7.5 pts | −2.6 pts | −2.7 pts |
Jobs have been a little harder to find in Wallace than nationally: unemployment was 6.5%, against 5.4%. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Wallace compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Wallace | 2.62 | 42.3 | 27.2% | 16.7% | 10.3% | 1983 | $744 | 12.4% | 96.9% | 6.5% |
| Foreman | 2.41 | 42.7 | 14.1% | 21.9% | 28.5% | 1980 | $794 | 14.0% | 91.0% | 10.3% |
| Lanesport | 2.37 | 40.7 | 19.4% | 23.1% | 20.2% | 1987 | $782 | 12.4% | 92.8% | 12.5% |
| Alleene | 2.65 | 39.0 | 12.4% | 25.2% | 2.2% | 1990 | $802 | 17.0% | 89.9% | 4.3% |
| Smith Hill | 2.72 | 45.8 | 4.5% | 7.0% | 18.1% | 1991 | $1,056 | 17.5% | 87.3% | 0.0% |
| Richmond | 2.34 | 46.6 | 9.4% | 18.8% | 4.4% | 1983 | $877 | 24.4% | 95.6% | 1.0% |
| Burns | 2.84 | 40.3 | 3.7% | 7.5% | 15.9% | 1996 | $1,093 | 21.4% | 84.7% | 0.8% |
| Tom | 2.73 | 40.3 | 19.1% | 21.0% | 22.1% | 1987 | $599 | 17.9% | 82.1% | 20.7% |
| Wilton | 2.42 | 51.7 | 7.2% | 13.0% | 9.7% | 1987 | $803 | 9.6% | 81.5% | 3.1% |
| Ashdown | 2.53 | 40.2 | 13.8% | 22.4% | 19.4% | 1980 | $826 | 19.4% | 92.6% | 6.9% |
| Redbank | 3.01 | 36.1 | 2.0% | 16.7% | 8.1% | 1999 | $1,271 | 33.4% | 94.8% | 0.9% |
All figures 2020–24.
Cities with similar populations: Layland, WV · Sparksville, KY · South Owego, NY · South Heights, PA · Linden, NY · Lindell, VA · Lidderdale, IA · Lewis Store, TN · Leroy, IN · Lenox, AL
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Wallace. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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