Population 7,068 · 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 | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 2.55 | 2.53 | 2.68 |
| 2010–14 | 2.45 | 2.58 | 2.73 |
| 2015–19 | 2.49 | 2.56 | 2.71 |
| 2020–24 | 2.12 | 2.52 | 2.65 |
| Change | −0.43 | −0.01 | −0.03 |
Households in Wallace are small: just 2.12 people on average, compared with 2.65 nationally. That is typical of places where many people live alone or as couples, and fewer have children at home. Since 2006–10, household size has dropped from 2.55, a much bigger shift than nationally. Of the 332 North Carolina cities with 5,000+ people, only 13 have smaller households.
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 | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 35.8 | 37.9 | 37.7 |
| 2010–14 | 43.5 | 38.9 | 38.6 |
| 2015–19 | 50.3 | 40.2 | 39.6 |
| 2020–24 | 48.1 | 40.3 | 40.1 |
| Change | +12.3 | +2.3 | +2.3 |
With a median age of 48.1, Wallace is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees. Since 2006–10, the median age has climbed from 35.8, a much bigger shift than nationally. The youngest areas are in the southwest, the oldest in the east.
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 | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 13.6% | 12.3% | 12.3% |
| 2010–14 | 7.7% | 12.5% | 12.3% |
| 2015–19 | 9.3% | 11.6% | 11.6% |
| 2020–24 | 11.6% | 11.4% | 11.6% |
| Change | −2.1 pts | −1.0 pts | −0.6 pts |
Single-parent households are just as common in Wallace as they are nationally: 11.6%. The single-parent share is down 2.1 points from 2006–10, a much bigger shift than nationally.
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 | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 32.2% | 31.9% | 33.3% |
| 2010–14 | 36.9% | 34.2% | 35.6% |
| 2015–19 | 26.1% | 34.8% | 36.0% |
| 2020–24 | 30.4% | 33.4% | 34.8% |
| Change | −1.8 pts | +1.4 pts | +1.5 pts |
About three in ten households in Wallace rent their homes (30.4%), a little below the national share of 34.8%; the rest own. Just over half of owners (52.3%) have paid off their mortgages, well above the national share of 39.8%. Renting is most common in the west and least common in the northeast. Since 2006–10, the renter share has fallen 1.8 points, even as the national share rose.
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 | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 16.6% | 12.8% | 11.4% |
| 2010–14 | 12.7% | 12.8% | 11.4% |
| 2015–19 | 16.6% | 12.5% | 11.1% |
| 2020–24 | 10.6% | 11.4% | 9.6% |
| Change | −6.0 pts | −1.5 pts | −1.8 pts |
About as many homes sit empty in Wallace as nationally: 10.6%, against 9.6%. Vacancy has fallen 6.0 points since 2006–10, a much bigger shift than nationally.
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 | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 1979 | 1983 | 1974 |
| 2010–14 | 1981 | 1985 | 1975 |
| 2015–19 | 1982 | 1986 | 1977 |
| 2020–24 | 1982 | 1990 | 1980 |
| Change | +3 | +7 | +6 |
The typical home in Wallace was built around 1982, about the same vintage as the country's housing overall (1980). Homes here are older than in North Carolina overall, where the median home dates to 1990. Newer construction is concentrated in the northeast, while the center has the oldest housing.
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 | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | $542 | $789 | $965 |
| 2010–14 | $614 | $868 | $1,040 |
| 2015–19 | $604 | $981 | $1,213 |
| 2020–24 | $858 | $1,317 | $1,571 |
| Change | +$316 | +$528 | +$606 |
Rent in Wallace runs $858 a month at the median, utilities included, well below the U.S. median of $1,571. Rents are up $316 a month from 2006–10, a 58% rise, a slower climb than the nation's. The typical renter here spends 32.1% of household income on rent, just over the 30% mark often used to define affordable rent. Rents run highest in the south and lowest in the northwest.
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 | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 12.7% | 27.8% | 28.4% |
| 2010–14 | 12.1% | 29.0% | 29.6% |
| 2015–19 | 16.6% | 32.0% | 32.1% |
| 2020–24 | 24.5% | 36.2% | 35.6% |
| Change | +11.7 pts | +8.4 pts | +7.2 pts |
College degrees are relatively uncommon in Wallace: 24.5% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%. Since 2006–10, the share with a degree has risen 11.7 points, in line with the national trend. College graduates are most concentrated in the east and least in the west.
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 | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 72.0% | 84.5% | 84.9% |
| 2010–14 | 71.2% | 86.0% | 86.1% |
| 2015–19 | 78.4% | 88.1% | 87.7% |
| 2020–24 | 85.1% | 90.2% | 89.3% |
| Change | +13.1 pts | +5.7 pts | +4.3 pts |
About one in seven adults in Wallace never finished high school, more than nationally: 85.1% have a diploma or equivalent, against 89.3% across the U.S. The share with a diploma is up 13.1 points from 2006–10, a much bigger shift than nationally. Wallace has a lower share of high school graduates than the great majority of North Carolina cities.
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 | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 12.2% | 8.8% | 8.1% |
| 2010–14 | 14.8% | 10.6% | 9.4% |
| 2015–19 | 6.9% | 5.7% | 5.6% |
| 2020–24 | 6.4% | 4.8% | 5.4% |
| Change | −5.8 pts | −4.0 pts | −2.7 pts |
Unemployment runs a little high in Wallace: 6.4% of the labor force was out of work and looking, against 5.4% nationally. Unemployment has fallen 5.8 points since 2006–10, mirroring the country. 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 | 2.12 | 48.1 | 11.6% | 30.4% | 10.6% | 1982 | $858 | 24.5% | 85.1% | 6.4% |
| Tin City | 2.14 | 39.7 | 14.5% | 28.0% | 9.7% | 1971 | $885 | 32.9% | 86.5% | 12.1% |
| Teachey | 2.59 | 32.9 | 17.9% | 32.6% | 13.8% | 1983 | $853 | 17.7% | 84.2% | 10.1% |
| Greenevers | 2.17 | 50.4 | 13.3% | 23.2% | 18.8% | 1987 | $802 | 7.6% | 86.9% | 1.3% |
| Sloan | 2.16 | 58.1 | 13.5% | 15.7% | 26.8% | 1979 | $788 | 20.2% | 85.1% | 4.5% |
| Willard | 2.25 | 47.5 | 7.1% | 12.4% | 13.8% | 1988 | $854 | 17.5% | 88.1% | 3.9% |
| Rose Hill | 2.43 | 36.1 | 10.3% | 42.6% | 12.5% | 1986 | $810 | 13.7% | 79.5% | 5.8% |
| Register | 2.38 | 40.7 | 16.9% | 31.0% | 6.5% | 1991 | $918 | 15.3% | 83.6% | 6.8% |
| Watha | 2.33 | 41.1 | 6.2% | 13.7% | 12.5% | 1988 | $1,131 | 20.8% | 85.2% | 2.3% |
| Murray Town | 2.18 | 47.2 | 6.4% | 10.6% | 17.2% | 1992 | $694 | 19.1% | 87.5% | 2.8% |
| Penderlea | 2.17 | 49.7 | 9.7% | 8.5% | 10.9% | 1981 | $1,615 | 17.9% | 87.9% | 3.8% |
All figures 2020–24.
Cities with similar populations: Florence, MT · Farmington, NH · Fayetteville, WV · Fellsmere, FL · Ferriday, LA · Finderne, NJ · Finley, WA · Finleyville, PA · Flora, IL · Falkville, 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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