Wallace, California Demographics & Population 2026

A note before these figures: with a population of 714, Wallace's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Wallace is a small community located in California, within Calaveras County. The total population is 714. It ranks as the 1154th most populous out of 1,570 Census-designated places in California.

Age Demographics

The median age in Wallace is 40.9 years. This is 8% higher than the state median of 37.9 years. With 39.6% of the population under 18, Wallace has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Wallace is $143,650. This is 45% higher than the state median of $99,122. It is also 78% higher than the national median of $80,734. The ACS records no residents below the poverty line in Wallace. In a community this small the estimate rests on very few survey responses, so it should be read as an absence of measurement rather than a measured absence of poverty. The survey records no unemployed residents in Wallace, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $581,200. Housing costs are 21% lower than the state median of $734,700. The home-value-to-income ratio is 4.0x. 64.5% of occupied housing units are owner-occupied. This homeownership rate is 15% higher than the state average of 55.9%.

Race & Ethnicity

Wallace has a predominantly White (non-Hispanic) population, comprising 97.6% of all residents. Hispanic or Latino residents account for 2.4%. The White (non-Hispanic) population is significantly higher than the state average (97.6% vs 33.8%). The Hispanic or Latino population (2.4%) is well below the state average of 40.2%.

Education

32.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 13% lower than the state rate of 37.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.9%. Notably, 28.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Wallace, California is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against California state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,570 Census-designated places in California. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.