Wallace, West Virginia Demographics & Population 2026
During the 2020–2024 ACS period, Wallace, West Virginia had a total population of 277, the 303rd largest community in West Virginia, with a median household income of $33,403, which is 44% lower than the state average. The poverty rate is 37.5%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 44% below the state average, indicating significant economic challenges.
- More than 1 in 4 residents live below the poverty line (37.5%), well above the national average of 12.4%.
- Only 5.4% of adults have a bachelor's degree, well below the national average of 35.7%.
- Housing is very affordable with a home-value-to-income ratio of just 1.5x.
Wallace Quick Facts
How Wallace Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 251 | 277 | +10.4% |
| Median home value | $58,100 | $48,800 | -16.0% |
How Wallace Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 19 | National average: 61
Education
Educational Attainment (Adults 25+)
Wallace Rankings in West Virginia
Explore West Virginia Rankings
Other Cities in Harrison County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Clarksburg | 15,549 | $47,386 | 23.5% | $129,900 |
| Bridgeport | 9,252 | $100,022 | 3.9% | $291,600 |
| Shinnston | 2,352 | $69,844 | 11.8% | $153,200 |
| Stonewood | 2,212 | $54,792 | 8.1% | $154,200 |
| Nutter Fort | 2,075 | $68,068 | 8.4% | $121,000 |
| Salem | 1,629 | $38,529 | 16.8% | $77,800 |
| Enterprise | 1,087 | $63,636 | 4.6% | $131,300 |
| Despard | 972 | $24,455 | 26.1% | $86,500 |
| Lumberport | 703 | $47,917 | 6.5% | $126,100 |
| East View | 604 | $54,782 | 4.6% | $66,500 |
Cities Similar to Wallace
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Charlton Heights | 276 | N/A | N/A | 62.0% | 0.0% |
| Brandywine | 267 | N/A | $109,800 | 0.0% | 33.0% |
| Carolina | 261 | N/A | N/A | 24.7% | 53.3% |
| Reedy | 292 | $31,875 | $77,100 | 8.9% | 23.9% |
| Bayard | 299 | $33,462 | $73,200 | 11.2% | 32.4% |
A note before these figures: with a population of 277, 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 West Virginia, within Harrison County. The total population is 277. It ranks as the 303rd most populous out of 429 Census-designated places in West Virginia.
Age Demographics
The median age in Wallace is 46.7 years. This is 9% higher than the state median of 42.7 years. 29.2% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Wallace is $33,403. This is 44% lower than the state median of $59,608. It is also 59% lower than the national median of $80,734. The poverty rate stands at 37.5%. This is 125% higher than the state poverty rate of 16.7%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. 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 $48,800. Housing costs are 70% lower than the state median of $162,600. With a home-value-to-income ratio of just 1.5x, Wallace is one of the most affordable housing markets in the area. 90.3% of occupied housing units are owner-occupied. This homeownership rate is 21% higher than the state average of 74.9%.
Race & Ethnicity
The largest racial or ethnic group in Wallace is White (non-Hispanic), making up 75.1% of the population. Hispanic or Latino residents account for 16.3%. The Black or African American population (1.1%) is well below the state average of 3.1%. The Hispanic or Latino population is significantly higher than the state average (16.3% vs 2.1%).
Education
5.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 78% lower than the state rate of 24.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 84.4%.
Data Sources & Methodology
All demographic data for Wallace, West Virginia 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 West Virginia state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 429 Census-designated places in West Virginia. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Wallace, West Virginia?
Wallace, West Virginia has a population of 277 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Wallace, WV?
The median household income in Wallace is $33,403, which is 59% lower than the national median of $80,734.
What is the poverty rate in Wallace, WV?
The poverty rate in Wallace is 37.5%. This means approximately 104 residents live below the federal poverty line.
What is the racial makeup of Wallace, West Virginia?
Wallace's population is 75.1% White, 1.1% Black, 16.3% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Wallace, WV?
The median home value in Wallace is $48,800. The home-value-to-income ratio is 1.5x.
How educated is Wallace, West Virginia?
5.4% of adults (25+) in Wallace hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.