Wallace is located in Chester County, Pennsylvania. Wallace has a 2025 population of 3,814 . Wallace is currently growing at a rate of 0.45% annually and its population has increased by 2.66% since the most recent census, which recorded a population of 3,715 in 2020.
The average household income in Wallace is $204,922 with a poverty rate of 2.17%. The median age in Wallace is 42.5 years: 42 years for males, and 44 years for females. For every 100 females there are 119.0 males.
Data after 2023 is projected based on recent change
The racial composition of Wallace includes 88.62% White, and smaller percentages for other race, Asian, Black or African American and multiracial populations.
White (88.62%)
Two or more races (5.54%)
Other race (2.38%)
Asian (2.19%)
Black or African American (1.26%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 3,311 | 88.62% |
| Two or more races | 207 | 5.54% |
| Other race | 89 | 2.38% |
| Asian | 82 | 2.19% |
| Black or African American | 47 | 1.26% |
Married
Widowed
Divorced
Separated
Never Married
Wallace's average per capita income is $81,202. Household income levels show a median of $180,761. The poverty rate stands at 2.17%.
Name | Median | Mean |
|---|---|---|
| Married Families | $186,250 | - |
| Families | $182,165 | $222,907 |
| Households | $180,761 | $204,922 |
| Non Families | - | $128,976 |
Average Income
Median Household Income
Poverty Rate