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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

Wallace Quick Facts

Population 277
Median Household Income $33,403
Median Home Value $48,800
Poverty Rate 37.5%
Unemployment Rate 0.0%
Median Age 46.7 years
Homeownership Rate 90.3%
Affordability Ratio 1.5x
Bachelor's Degree or Higher 5.4%
High School Graduation Rate 84.4%
Diversity Index 40/100
Population 277 303rd of 429
Median Income $33,403 bottom 20%
Poverty Rate 37.5% 202% higher than national
Median Home Value $48,800 bottom 10%

How Wallace Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population251277+10.4%
Median home value$58,100$48,800-16.0%

How Wallace Compares

Economy & Housing

Household Income Distribution

Under $25K 38.9%
$25K-$50K 29.2%
$50K-$100K 22.1%
$100K+ 9.7%
Detailed income brackets
Under $10K
23.9%
$10K-$15K
5.3%
$15K-$20K
0.0%
$20K-$25K
9.7%
$25K-$30K
5.3%
$30K-$35K
15.9%
$35K-$40K
0.0%
$40K-$45K
8.0%
$45K-$50K
0.0%
$50K-$60K
11.5%
$60K-$75K
2.6%
$75K-$100K
8.0%
$100K-$125K
0.0%
$125K-$150K
3.5%
$150K-$200K
0.0%
$200K+
6.2%

Employment

0.0% Unemployment Rate State: 5.4%|National: 5.2%
39.5% Labor Force Participation

Housing Overview

Owner 90.3%
Renter 9.7%
Affordability Index Very Affordable
1.5x home value to income ratio

People & Demographics

Diversity Index

40out of 100
Moderate Diversity

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

State average: 19 | National average: 61

Education

Wallace Rankings in West Virginia

#303 Population of 429
#294 Median Income of 337
#328 Education of 429
#314 Home Value of 331

Other Cities in Harrison County

CityPopulationMedian IncomePovertyHome 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.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Charlton Heights276N/AN/A62.0%0.0%
Brandywine267N/A$109,8000.0%33.0%
Carolina261N/AN/A24.7%53.3%
Reedy292$31,875$77,1008.9%23.9%
Bayard299$33,462$73,20011.2%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.