Wallace, North Carolina Population 2020

3,841

Wallace is a city located in North Carolina. With a 2020 population of 3,841, it is the 179th largest city in North Carolina and the 5522nd largest city in the United States. Wallace is currently declining at a rate of -0.70% annually and its population has decreased by -1.01% since the most recent census, which recorded a population of 3,880 in 2010. Wallace reached it's highest population of 3,967 in 2014. Spanning over 3 miles, Wallace has a population density of 1,252 people per square mile.

The average household income in Wallace is $37,777 with a poverty rate of 13.40%. The median rental costs in recent years comes to - per month, and the median house value is $91,300. The median age in Wallace is 45.5 years, 42.7 years for males, and 54.8 years for females. For every 100 females there are 70.4 males.

Wallace Demographics

According to the most recent ACS, the racial composition of Wallace was:

  • White: 77.84%
  • Black or African American: 20.19%
  • Other race: 1.27%
  • Two or more races: 0.69%
  • Native American: 0.00%
  • Asian: 0.00%
  • Native Hawaiian or Pacific Islander: 0.00%
The current population of Wallace, North Carolina is 3,841, based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 3,895.The last official US Census in 2010 recorded the population at 3,880.

Wallace, North Carolina Population 2020

Population by Race

Race Population Percentage
White3,05377.84%
Black or African American79220.19%
Some Other Race501.27%
Two or More Races270.69%

Wallace Population Pyramid 2020

Wallace Median Age

45.5


Total

42.7


Male

54.8


Female

Wallace Adults

There are 2,925 adults, (964 of whom are seniors) in Wallace.

Wallace Age Dependency

100

Age Dependency Ratio

49.2

Old Age Dependency Ratio

50.8

Child Dependency Ratio

Wallace Sex Ratio

Female

2,301

58.67%

Male

1,621

41.33%

Wallace Households and Families

Wallace Renter vs Owner Occupied by Household Type

Wallace Household Types

Type Owner Renter
Married86.8%13.2%
All65.4%34.6%
Non Family54.6%45.4%
Female53.8%46.2%
Male0%0%

65.4%

Rate of Home Ownership

Type Count Average Size Owned
All1,6262.3665.4
Non Family773054.6
Married5543.4286.8
Female2993.9353.8
Male00

3.58

Average Family Size

2.36

Average Household Size

0.9%

Unmarried (Opposite Sex)

0%

Unmarried (Same Sex)

Wallace Education

Education Attained Count Percentage
Less Than 9th Grade56720.40%
9th to 12th Grade1134.07%
High School Graduate90232.46%
Some College82129.54%
Associates Degree1083.89%
Bachelors Degree1977.09%
Graduate Degree712.55%

Wallace Educational Attainment by Race

Name Total High School Bachelors
White1,7091,420229
Black61350839
Hispanic457171
Other Race5014

The highest rate of high school graduation is among white people with a rate of 83.09%.

The highest rate of bachelors degrees is among white people with a rate of 13.40%.

Name Average Male Female
Overall$23,705$29,963$18,828
Less Than High School$$14,009$6,691
High School Grad$19,947$$17,819
Some College$28,701$29,890$28,116
Bachelors Degree$49,457$$48,696
Graduate Degree$$$

$23,705

Average Earnings

$29,963

Average Male

$18,828

Average Female

Wallace Language

Wallace Language by Age

Wallace Language

82.87% of Wallace residents speak only English, while 17.13% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 15.77% of the population.

Wallace Poverty

Wallace Poverty by Race

Name Total In Poverty Poverty Rate
White2,4322118.68%
Hispanic61719832.09%
Black76610613.84%
Other501122.00%

13.40%

Overall Poverty Rate

16.35%

Male Poverty Rate

11.32%

Female Poverty Rate

Poverty in Wallace

The race most likely to be in poverty in Wallace is Hispanic, with 32.09% below the poverty level.

The race least likely to be in poverty in Wallace is White, with 8.68% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 5.32%. Among those working part-time, it was 7.35%, and for those that did not work, the poverty rate was 27.98%.

Name Poverty
Less Than High School38.86%
High School13.76%
Bachelors or Greater6.44%
Some College5.48%
Name Poverty
Male Employed10.27%
Female Employed5.56%
Female Unemployed0.00%
Male Unemployed0.00%

Wallace Income

Wallace Income by Household Type

Name Median Mean
Households$31,027$37,777
Families$39,386$54,570
Married Families$43,981-
Non Families$14,324$19,192

Wallace Marital Status

Wallace Marital Status

Marriage Rates

35.5%

Overall Marriage Rate

45.6%

Male Marriage Rate

29.2%

Female Marriage Rate

Wallace Married by Age and Sex

Wallace Marriage

The age group where males are most likely to be married is 45-54, while the female age group most likely to be married is 35-44.

Wallace Marital Status by Race

Wallace Veterans

150

Number of Veterans

119

Male Veterans

31

Female Veterans

War Veterans
Vietnam39
World War II31
First Gulf War14
Korea
Second Gulf War
Age Group Veterans
75+57
65 to 7439
35 to 5433
55 to 6421
18 to 34
Name Veterans % of Total
White853.86%
Black659.67%

$Wallace Veterans by Education

34.48%

Veteran Poverty Rate

70.34%

Veteran Disability Rate

Wallace Employment Status

54.3%

Labor Force Participation

47.2%

Employment Rate

13.1%

Unemployment Rate

Wallace Place of Birth

Origin of Non-Citizens

Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

68.43%

Born in North Carolina

87.63%

Native Born

12.37%

Foreign Born

10.12%

Non Citizen

Place of Birth

87.63% of Wallace residents were born in the United States, with 68.43% having been born in North Carolina. 10.12% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.

Year Population Growth Annual Growth Rate
20203,841-27-0.70%
20193,868-27-0.69%
20183,895-3-0.08%
20173,898-27-0.69%
20163,925-4-0.10%
20153,929-38-0.96%
20143,967110.28%
20133,95650.13%
20123,951160.41%
20113,935350.90%
20103,9005561.55%
20003,3444051.30%
19902,939360.12%
19802,903-2-0.01%
19702,9050.00%