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.
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 (88.6%)
Two or more races (5.5%)
Other race (2.4%)
Asian (2.2%)
Black or African American (1.3%)
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