Wallace township is located in Chester County, Pennsylvania. Wallace township has a 2026 population of 3,831. Wallace township is currently growing at a rate of 0.45% annually and its population has increased by 3.12% since the most recent census, which recorded a population of 3,715 in 2020.
The median household income in Wallace township is $182,500 with a poverty rate of 1.94%. The median age in Wallace township is 42.1 years: 41.7 years for males, and 42.5 years for females. For every 100 females there are 112.9 males.
Data after 2023 is projected based on recent change
Overall: 42.1 years
Female: 42.5 years
Male: 41.7 years
There are 2,773 adults, (724 of whom are seniors) in Wallace township.
Female: 1,770 (47%)
Male: 1,998 (53%)
The racial composition of Wallace township includes 87.55% White, and smaller percentages for Asian, other race, Black or African American and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 3,299 | 87.55% |
| Two or more races | 269 | 7.14% |
| Asian | 89 | 2.36% |
| Other race | 85 | 2.26% |
| Black or African American | 26 | 0.69% |
Wallace township 's average per capita income is $82,963. Household income levels show a median of $182,500. The poverty rate stands at 1.94%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $188,770 | - |
| Households | $182,500 | $220,146 |
| Families | $179,917 | $230,545 |
| Non Families | - | $159,724 |
Average Income
Median Household Income
Poverty Rate