Wallace township

County:: Chester County
County Seat:: No
Area (mi²):: 11.962
State:: Pennsylvania

Wallace township is located in Chester County, Pennsylvania. Wallace township has a 2025 population of 3,738. Wallace township is currently declining at a rate of -0.29% annually but its population has increased by 0.7% since the most recent census, which recorded a population of 3,712 in 2020.

The average household income in Wallace township is $204,922 with a poverty rate of 2.17%.The median age in Wallace township is 42.5 years: 42 years for males, and 44 years for females.

Demographics

The racial composition of Wallace township includes 88.62% White, and smaller percentages for other race, Asian, Black or African American and multiracial populations.

Population by Race

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%

Wallace township Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Wallace township's average per capita income is $81,202. Household income levels show a median of $180,761. The poverty rate stands at 2.17%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$186,250	-
Families	$182,165	$222,907
Households	$180,761	$204,922
Non Families	-	$128,976

$81,202

Average Income

$180,761

Median Household Income

2.17%

Poverty Rate