|Year||Population||Rank in US||Growth Rate|
Based on the latest 2022 data from the US census, the current population of Wallace is 3,315. Wallace, North Carolina is the 5,961st largest city in the US.
The peak population of Wallace was in 2010, when its population was 3,880. In 2010, Wallace was the 5,364th largest city in the US; now its fallen to the 5,961st largest city in the US. Wallace is currently 14.6% smaller than it was in 2010.
Wallace has shrunk 1.0% since the year 2000. Wallace, North Carolina's growth is below average. 62% of similarly sized cities are growing faster since 2000.
|5960||Spencer, North Carolina||3,315||-1.2%|
|5961||Wallace, North Carolina||3,315||-1.0%|
|5963||Union Springs, Alabama||3,314||-32.2%|
The total voting age population of Wallace, North Carolina, meaning US citizens 18 or older, is 2,406. The voting age population is 38.6% male and 61.4% female.
According to the latest census statistics, 21.1% of the residents of Wallace are 65 or older.
The racial demographics of Wallace are 73.2% White, 20.4% Black, 3.9% American Indian, 1.9% Other and 0.6% Two or more races. Additionally, 15.9% of the population identifies as Hispanic.
In Wallace, 9.7% of residents have an income below the poverty line, and the child poverty rate is 5.8%. On a per-household basis, 5.8% of families are below the poverty line in Wallace.
Among those aged 16 and older, 57.4% of Wallace residents are in the labor force.
Among the adult population 25 years old and over, 78.1% of Wallace residents have at least a high school degree or equivalent, 13.1% have a bachelor's degree and 0.7% have a graduate or professional degree.
Among Wallace residents aged 5 and older, 17.1% of them speak a non-English language at home. Broken down by language: 16.0% of residents speak Spanish at home, 0.0% speak an Indo-European language, and 0.0% speak an Asian language.
The unemployment rate in Wallace is 9.8%, which is calculated among residents aged 16 or older who are in the labor force.
In Wallace, 13.7% of the residents in the non-military labor force are employed by the local, state and federal government.
The median household income in Wallace is $35,321.
In Wallace, 62.0% of housing units are occupied by their owners.
Renters occupy 38.0% of housing units in Wallace.
Of all the housing units in Wallace, 9.8% of them were build before 1940.
In Wallace, 18.5% of the total housing units were built after the year 2000, which is approximately 330 units.
The median gross monthly rent payment for renters in Wallace is $564.
In Wallace, 66.4% of households have an active broadband internet connection.