Wallace is a CDP located in Santa Rosa County, Florida. Wallace has a 2026 population of 4,468. Wallace is currently growing at a rate of 3.91% annually and its population has decreased by 0% since the most recent census, which recorded a population of 0 in 2020.
The median household income in Wallace is $116,496 with a poverty rate of 5.66%. The median age in Wallace is 40.3 years: 40.9 years for males, and 38.1 years for females. For every 100 females there are 95.4 males.
Data after 2023 is projected based on recent change
Overall: 40.3 years
Female: 38.1 years
Male: 40.9 years
There are 3,146 adults, (846 of whom are seniors) in Wallace.
Female: 2,150 (51.2%)
Male: 2,052 (48.8%)
The racial composition of Wallace includes 71.85% White, 5.9% Asian, 3.12% Black or African American, and smaller percentages for other race, Native American and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 3,019 | 71.85% |
| Two or more races | 729 | 17.35% |
| Asian | 248 | 5.9% |
| Black or African American | 131 | 3.12% |
| Other race | 72 | 1.71% |
| Native American | 3 | 0.07% |
Wallace 's average per capita income is $65,793. Household income levels show a median of $116,496. The poverty rate stands at 5.66%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $124,402 | - |
| Families | $122,952 | $162,287 |
| Households | $116,496 | $146,950 |
| Non Families | - | $52,283 |
Average Income
Median Household Income
Poverty Rate