Wallace CDP, Louisiana Demographics & Population 2026
As of 2026, Wallace CDP, Louisiana has a total population of 1,383, the 238th largest city in Louisiana, with a median household income of $98,750, which is 65% higher than the state average. The poverty rate is 6.2%.
Key Takeaways
- Household income is 65% above the state average — one of the wealthiest communities in Louisiana.
- Housing is very affordable with a home-value-to-income ratio of just 2.1x.
- Unemployment rate of 8.2% is notably above the national average.
Wallace CDP Quick Facts
How Wallace CDP Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 58 | National average: 60
Education
Educational Attainment (Adults 25+)
Wallace CDP Rankings in Louisiana
Explore Louisiana Rankings
Cities Similar to Wallace CDP
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Bayou Country Club CDP | 1,381 | $110,646 | $299,000 | 50.3% | 15.1% |
| Lockport Heights CDP | 1,441 | $91,250 | $322,900 | 33.6% | 13.3% |
| Deville CDP | 1,261 | N/A | N/A | 11.1% | 21.4% |
| Belle Rose CDP | 1,574 | $101,184 | $263,900 | 20.1% | 1.2% |
| Slaughter town | 1,264 | $80,417 | $234,300 | 21.2% | 12.7% |
Population Overview
Wallace CDP is a small community located in Louisiana. The total population is 1,383. It ranks as the 238th most populous out of 487 cities and towns in Louisiana.
Age Demographics
The median age in Wallace CDP is 34.3 years. This is 9% lower than the state median of 37.8 years.
Economy, Income & Housing
The median household income in Wallace CDP is $98,750. This is 65% higher than the state median of $60,023. Compared to the national median of $78,538, household income here is 26% higher. The poverty rate stands at 6.2%. This is 67% lower than the state poverty rate of 18.9%. The unemployment rate is 8.2%. This is 30% higher than the state rate of 6.3%. The median home value is $206,900. Housing costs are about average than the state median of $208,700. With a home-value-to-income ratio of just 2.1x, Wallace CDP is one of the most affordable housing markets in the area. 76.6% of occupied housing units are owner-occupied. This homeownership rate is 14% higher than the state average of 67.3%.
Race & Ethnicity
Wallace CDP has a predominantly Black or African American population, comprising 91.9% of all residents. Hispanic or Latino residents account for 7.4%. The White (non-Hispanic) population (0.7%) is well below the state average of 56.2%. The Black or African American population is significantly higher than the state average (91.9% vs 30.8%).
Education
31.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 17% higher than the state rate of 26.6%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.1%.
Data Sources & Methodology
All demographic data for Wallace CDP, Louisiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Louisiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 487 Census-designated places in Louisiana. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Wallace CDP, Louisiana?
Wallace CDP, Louisiana has a population of 1,383 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Wallace CDP, LA?
The median household income in Wallace CDP is $98,750, which is 26% higher the national median of $78,538.
What is the poverty rate in Wallace CDP, LA?
The poverty rate in Wallace CDP is 6.2%. This means approximately 85 residents live below the federal poverty line.
What is the racial makeup of Wallace CDP, Louisiana?
Wallace CDP's population is 0.7% White, 91.9% Black, 7.4% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Wallace CDP, LA?
The median home value in Wallace CDP is $206,900. The home-value-to-income ratio is 2.1x.
How educated is Wallace CDP, Louisiana?
31.0% of adults (25+) in Wallace CDP hold a bachelor's degree or higher, and 7.5% hold a graduate or professional degree.