Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.9 yrs |
|---|---|
| Avg HH Size | 3.10 |
| Below Poverty | 10.3% ≈ Avg |
| College Grads | 5.2% ▼ 86% below avg |
| Unemployment | 5.2% ≈ Avg |
| No HS Diploma | 6 (1%) |
| HS Graduate | 407 (64.6%) |
| Some College | 113 (17.9%) |
| Associates | 71 (11.3%) |
| Bachelors | 8 (1.3%) |
| Graduate Degree | 25 (4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $51,042 ▼ 33% below avg |
|---|---|
| Median Home Value | $85,400 ▼ 69% below avg |
| Home/Income Ratio | 1.7x (nat avg ~3.5x) |
| Total Housing Units | 431 |
| Vacant Units | 50 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Wallace is a city in West Virginia, located in Harrison County. The city spans 1 ZIP code and is home to approximately 1,181 residents. It is a middle-aged city, with a median age of 40.9 years.
Economically, Wallace is a working-class community. The median household income of $51,042 is below the national average. Approximately 10.3% of residents live below the poverty line. The unemployment rate is 5.2%, near the national average.
The real estate market in Wallace is one of the more affordable housing markets in the country. Median home values stand at $85,400, which is well below the national average. Homeownership is high at 93.4%, typical of suburban and family-oriented communities.
The population of Wallace is less-educated. 5.2% of adults hold a bachelor's degree or higher — well below the national average. The community is primarily White (92.21%).
Wallace, WV offers residents a cost-conscious lifestyle within West Virginia.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 26448 | 1,181 | $51,042 | $85,400 | — | 5.2% | 5.2% | 93.4% |