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Wallaceton borough, Pennsylvania Demographics & Population 2026

Very AffordableHome value to income ratio of 1.4x is exceptionally low

As of 2026, Wallaceton borough, Pennsylvania has a total population of 245, the 1653rd largest city in Pennsylvania, with a median household income of $61,875, which is 19% lower than the state average. The poverty rate is 15.1%.

Key Takeaways

Wallaceton borough Quick Facts

Population 245
Median Household Income $61,875
Median Home Value $88,000
Poverty Rate 15.1%
Unemployment Rate 8.7%
Median Age 47.6 years
Homeownership Rate 84.9%
Affordability Ratio 1.4x
Bachelor's Degree or Higher 10.3%
High School Graduation Rate 82.0%
Diversity Index 9/100
Population 245 1653rd of 1,993
Median Income $61,875 average
Poverty Rate 15.1% 21% higher national
Median Home Value $88,000 bottom 20%

How Wallaceton borough Compares

Economy & Housing

Employment

8.7% Unemployment Rate State: 5.3% | National: 5.2%
61.1% Labor Force Participation

Housing Overview

Owner 84.9%
Renter 15.1%
Affordability Index Very Affordable
1.4x home value to income ratio

People & Demographics

Diversity Index

9out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 43 | National average: 60

Education

Wallaceton borough Rankings in Pennsylvania

#1653 Population of 1,993
#1104 Median Income of 1,993
#1689 Education of 1,993
#1666 Home Value of 1,993

Other Cities in Clearfield County

CityPopulationMedian IncomePovertyHome Value
DuBois city 7,449 $58,626 10.6% $114,900
Clearfield borough 5,918 $51,190 20.1% $100,800
Curwensville borough 2,544 $50,679 17.1% $95,700
Osceola Mills borough 1,165 $60,750 13.3% $104,500
Chester Hill borough 698 $48,125 20.3% $98,800
Grampian borough 497 $52,500 18.1% $64,600
Irvona borough 487 $45,313 20.8% $90,800
Coalport borough 422 $57,344 13.3% $57,100
Ramey borough 401 $58,750 7.0% $98,100
Westover borough 353 $45,833 26.9% $73,400

Cities Similar to Wallaceton borough

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Aaronsburg CDP (Washington County)246N/AN/A16.2%75.2%
Addison borough250$61,250$168,10016.6%7.6%
Pillow borough248$60,000$117,60011.9%5.2%
Hinkletown CDP238$61,667N/A22.9%0.0%
Fallston borough252$60,833$107,40026.6%14.7%

Population Overview

Wallaceton borough is a small community located in Pennsylvania, within Clearfield County. The total population is 245. It ranks as the 1653rd most populous out of 1,993 cities and towns in Pennsylvania.

Age Demographics

The median age in Wallaceton borough is 47.6 years. This is 16% higher than the state median of 40.9 years.

Economy, Income & Housing

The median household income in Wallaceton borough is $61,875. This is 19% lower than the state median of $76,081. Compared to the national median of $78,538, household income here is 21% lower. The poverty rate stands at 15.1%. This is 28% higher than the state poverty rate of 11.8%. The unemployment rate is 8.7%. This is 65% higher than the state rate of 5.3%. The median home value is $88,000. Housing costs are 63% lower than the state median of $240,500. With a home-value-to-income ratio of just 1.4x, Wallaceton borough is one of the most affordable housing markets in the area. 84.9% of occupied housing units are owner-occupied. This homeownership rate is 22% higher than the state average of 69.3%.

Race & Ethnicity

Wallaceton borough has a predominantly White (non-Hispanic) population, comprising 95.5% of all residents. Black or African American residents account for 3.3%. The Black or African American population (3.3%) is well below the state average of 10.3%.

Education

10.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 70% lower than the state rate of 34.5%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 82.0%.

Data Sources & Methodology

All demographic data for Wallaceton borough, Pennsylvania 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 Pennsylvania state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,993 Census-designated places in Pennsylvania. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Wallaceton borough, Pennsylvania?

Wallaceton borough, Pennsylvania has a population of 245 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Wallaceton borough, PA?

The median household income in Wallaceton borough is $61,875, which is 21% lower the national median of $78,538.

What is the poverty rate in Wallaceton borough, PA?

The poverty rate in Wallaceton borough is 15.1%. This means approximately 37 residents live below the federal poverty line.

What is the racial makeup of Wallaceton borough, Pennsylvania?

Wallaceton borough's population is 95.5% White, 3.3% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Wallaceton borough, PA?

The median home value in Wallaceton borough is $88,000. The home-value-to-income ratio is 1.4x.

How educated is Wallaceton borough, Pennsylvania?

10.3% of adults (25+) in Wallaceton borough hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.