Wallaceton, KY
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Wallaceton, KY: Quick Facts & Overview
- Population: 2,527 residents (55 people per sq. mi.)
- Average House Price: $200,291
- Average Household Income: $71,212
Wallaceton, KY is located in the state of Kentucky. It is home to about 2,527 people, with around 55 residents living in every square mile.
If you want to buy a house in Wallaceton, the average price is around $200,291. That makes local housing 16% higher than the Kentucky average of $172,980, and 35% lower than the national average of $308,592.
The average household in Wallaceton earns about $71,212 a year. This income is 20% higher than the average family in Kentucky ($59,426), and 9% lower than the national average ($78,686).
Population
2,527
Median Household Income
$71,212
Median Home Value
$200,291
Median Age
44.7 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $29,631 |
| Labor Force Participation | 46.6% |
| Unemployment Rate | 4.5% |
| Average Commute Time | 31.6 mins |
Housing & Community Metrics
| Home Ownership Rate | 80.9% |
| Median Rent | $786 |
| Rent Burdened (>30% Income) | 18.9% |
| Total Housing Units | 928 |
Additional Census & Housing Profile
Geographic Overview
| County | Madison |
| County FIPS | 21151 |
| Metro Area (CBSA) | Richmond-Berea, KY |
| Combined Area (CSA) | Lexington-Fayette--Richmond--Frankfort, KY |
| Population Density | 55.1/sq mi |
| Coordinates (lat/lng) | 37.5681, -84.3622 |
| Timezone | America/New_York |
| National Ranking | 4 |
| Incorporated | No |
Household Structure
| Average Family Size | 3.11 |
| Dual Income Families | 42.2% |
Marital Status
| Married | 63.5% |
| Never Married | 23.3% |
| Divorced | 9.2% |
| Widowed | 4.0% |
Gender
| Male | 52.2% |
| Female | 47.8% |
Health & Poverty
| Uninsured Rate (Health) | 4.2% |
| Poverty Rate | 13.8% |
Key Population Groups
| Veterans | 10.9% |
| Disabled Population | 25.0% |
| Limited English Proficiency | - |
All ZIP Codes in Wallaceton
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 40461 | 2,527 | $71,212 | $200,291 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Berea, KY | 4.3 miles | 15,786 |
| Crab Orchard, KY | 10.8 miles | 739 |
| Brodhead, KY | 11.8 miles | 1,423 |
| Richmond, KY | 11.9 miles | 37,111 |
| Lancaster, KY | 12.4 miles | 4,013 |
| Mount Vernon, KY | 14.1 miles | 2,398 |
| Stanford, KY | 16.5 miles | 3,643 |
| Livingston, KY | 20.3 miles | 187 |
| McKee, KY | 22.7 miles | 888 |
| Danville, KY | 23.3 miles | 17,327 |
| Irvine, KY | 23.3 miles | 2,723 |
| Junction City, KY | 23.5 miles | 2,643 |
| Ravenna, KY | 24 miles | 642 |
| Nicholasville, KY | 24.9 miles | 32,197 |
| Burgin, KY | 25.4 miles | 993 |
| Hustonville, KY | 25.6 miles | 612 |
| Eubank, KY | 25.6 miles | 412 |
| High Bridge, KY | 26.2 miles | 109 |
| Wilmore, KY | 26.7 miles | 6,057 |
| Annville, KY | 27.6 miles | 1,063 |
| East Bernstadt, KY | 29.2 miles | 669 |
| Harrodsburg, KY | 29.8 miles | 9,313 |
| Keene, KY | 30.1 miles | 346 |
| Science Hill, KY | 31 miles | 647 |
| Clay City, KY | 31.3 miles | 1,204 |
| Winchester, KY | 31.4 miles | 19,213 |
| Perryville, KY | 32.7 miles | 970 |
| Lexington, KY | 33.2 miles | 323,725 |
| Stanton, KY | 33.7 miles | 3,218 |
| London, KY | 34.9 miles | 7,561 |
| Liberty, KY | 35.5 miles | 1,672 |
| Beattyville, KY | 35.9 miles | 2,095 |
| Somerset, KY | 36.2 miles | 12,216 |
| Salvisa, KY | 36.6 miles | 236 |
| Ferguson, KY | 37.1 miles | 849 |
| Booneville, KY | 37.8 miles | 187 |
| Versailles, KY | 38.7 miles | 10,492 |
| Camargo, KY | 39.2 miles | 874 |
| Jeffersonville, KY | 39.9 miles | 1,651 |
| Mackville, KY | 40.4 miles | 204 |
| Mount Sterling, KY | 41.1 miles | 7,551 |
| Burnside, KY | 42 miles | 755 |
| North Middletown, KY | 42 miles | 679 |
| Bradfordsville, KY | 43.4 miles | 444 |
| Lawrenceburg, KY | 43.6 miles | 11,943 |
| Manchester, KY | 43.9 miles | 1,541 |
| Paris, KY | 44 miles | 10,160 |
| North Corbin, KY | 44.1 miles | 2,190 |
| Midway, KY | 44.1 miles | 1,776 |
| Willisburg, KY | 44.7 miles | 334 |
| Campton, KY | 46.1 miles | 272 |
| Corbin, KY | 46.2 miles | 8,246 |
| Georgetown, KY | 46.5 miles | 39,117 |
| Springfield, KY | 47.7 miles | 2,899 |
| Frenchburg, KY | 48.4 miles | 643 |
| Lebanon, KY | 49.1 miles | 6,430 |
| Sharpsburg, KY | 49.8 miles | 519 |