Wallace is a small town, and as such doesn't have a public transit system that people use to get to and from their jobs every day.
The percentage of adults in Wallace with college degrees is slightly lower than the national average of 21.84% for all communities. 14.59% of adults in Wallace have a bachelor's degree or advanced degree.
The per capita income in Wallace in 2022 was $27,531, which is lower middle income relative to North Carolina and the nation. This equates to an annual income of $110,124 for a family of four. However, Wallace contains both very wealthy and poor people as well.
Wallace is an extremely ethnically-diverse town. The people who call Wallace home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Wallace residents report their race to be White, followed by Black or African-American. Wallace also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 15.50% of the town’s residents. Important ancestries of people in Wallace include English, German, Scottish, Irish, and Polish.
The most common language spoken in Wallace is English. Other important languages spoken here include Spanish and Italian.
