Wallace CDP, West Virginia Demographics & Population 2026

Name: Wallace CDP, West Virginia Demographics
Creator: U.S. Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

As of 2026, Wallace CDP, West Virginia has a total population of 251, the 314th largest city in West Virginia, with a median household income of N/A. The poverty rate is 21.1%.

Key Takeaways

Only 5.2% of adults have a bachelor's degree, well below the national average of 35.0%.
Near full employment with an unemployment rate of just 0.0%.

Wallace CDP Quick Facts

Population 251

Median Household Income N/A

Median Home Value $58,100

Poverty Rate 21.1%

Unemployment Rate 0.0%

Median Age 60.6 years

Homeownership Rate 94.4%

Affordability Ratio N/A

Bachelor's Degree or Higher 5.2%

High School Graduation Rate 84.3%

Diversity Index 46/100

Population 251 314th of 430

Median Income N/A

Poverty Rate 21.1% 70% higher national

Median Home Value $58,100 bottom 10%

How Wallace CDP Compares

Median Household Income

$57,917

National

$78,538

Median Home Value

Wallace CDP

$58,100

$155,600

National

$303,400

Economy & Housing

Household Income Distribution

Under $25K 39.3%

$25K-$50K 16.8%

$50K-$100K 23.4%

$100K+ 20.6%

Employment

0.0% Unemployment Rate State: 5.7% | National: 5.2%

37.6% Labor Force Participation

Housing Overview

Owner 94.4%

Renter 5.6%

People & Demographics

Age Distribution

Under 18

16.3%

18-34

1.6%

35-54

21.1%

55-74

29.9%

75+

31.1%

Race & Ethnicity

Diversity Index

Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 18 | National average: 60

Education

Educational Attainment (Adults 25+)

Wallace CDP Rankings in West Virginia

#314 Population of 430

N/A Median Income of 430

#330 Education of 430

#318 Home Value of 430

Explore West Virginia Rankings

Cities by Population All cities ranked by size Richest Cities Ranked by median income Most Educated By bachelor's degree rate Most Affordable By housing affordability

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
Chauncey CDP	251	N/A	N/A	0.0%	0.0%
Chelyan CDP	252	$96,250	$75,200	30.6%	0.0%
Fairview town	253	$53,333	$94,600	17.3%	9.1%
Big Creek CDP	249	N/A	$148,500	0.0%	0.0%
Cottageville CDP	257	N/A	$9,999	63.1%	4.3%

Population Overview

Wallace CDP is a small community located in West Virginia. The total population is 251. It ranks as the 314th most populous out of 430 cities and towns in West Virginia.

Age Demographics

The median age in Wallace CDP is 60.6 years. This is 42% higher than the state median of 42.7 years. 31.1% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The poverty rate stands at 21.1%. This is 27% higher than the state poverty rate of 16.6%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 0.0%. This is 100% lower than the state rate of 5.7%. The median home value is $58,100. Housing costs are 63% lower than the state median of $155,600. 94.4% of occupied housing units are owner-occupied. This homeownership rate is 27% higher than the state average of 74.3%.

Race & Ethnicity

The largest racial or ethnic group in Wallace CDP is White (non-Hispanic), making up 69.3% of the population. Hispanic or Latino residents account for 15.5%. The Hispanic or Latino population is significantly higher than the state average (15.5% vs 2.0%).

Education

5.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 78% lower than the state rate of 23.3%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 84.3%.

Data Sources & Methodology

All demographic data for Wallace CDP, West Virginia 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 West Virginia state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 430 Census-designated places in West Virginia. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Wallace CDP, West Virginia?

Wallace CDP, West Virginia has a population of 251 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Wallace CDP, WV?

The median household income in Wallace CDP is N/A, which is the national median of $78,538.

What is the poverty rate in Wallace CDP, WV?

The poverty rate in Wallace CDP is 21.1%. This means approximately 53 residents live below the federal poverty line.

What is the racial makeup of Wallace CDP, West Virginia?

Wallace CDP's population is 69.3% White, 2.0% Black, 15.5% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Wallace CDP, WV?

The median home value in Wallace CDP is $58,100.

How educated is Wallace CDP, West Virginia?

5.2% of adults (25+) in Wallace CDP hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.