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ZipNumbers

Florida · Census place 74975

Wallace CDP, FL

Quick answer

Wallace CDP has 3,965 residents, ranking #534 of 955 places in Florida. Median household income is $115,216, the median home is worth $377,600 and median gross rent runs $1,394 a month.

Population
3,965Wallace CDP residents
Median household income
$115,216Past 12 months, inflation adjusted
Median home value
$377,600Owner-occupied units
Median gross rent
$1,394Rent plus utilities, monthly
Median age
35.9 yrsAll residents
Homeownership rate
93.9%Owner-occupied households

What the numbers mean in Wallace CDP

Housing cost measured against local earnings.

A household earning the Wallace CDP median would spend about 14.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.1% of residents and 93.9% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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