Wallace, WV population, income and ZIP codes

Wallace CDP is a very small community in West Virginia, with 251 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #315 of 439 ranked by population — larger than 28% of them. The median age here is 60.6 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Wallace CDP earn a median of not published a year. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 21.1% of residents here, well above the 12.4% national rate, which is the single clearest signal in this dataset that median income here is carried by a narrow band of households.

The typical owner-occupied home in Wallace CDP is valued at $58,100, 80.9% below the national figure and 54% below the $127,200 peer median, while median gross rent runs not published a month. 94.4% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

A median age of 60.6 puts Wallace CDP well into retirement-weighted territory, which pulls median household income down even where household wealth is high, because retirement draws are counted differently from wages. With 251 residents, a handful of survey responses moves every median on this page. Compare Wallace CDP against its county rather than against national figures.

The Census withheld household income, gross rent for Wallace CDP because the sample was too thin to publish at this geography. Those values were suppressed at the source, not lost in our dataset, and we do not model a replacement. Everything else on this page comes straight from the ACS 2019-2023 ACS 5-year tables.