Wallace, KY
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Wallace, KY: Quick Facts & Overview
- Population: 24,793 residents (12 people per sq. mi.)
- Average House Price: $312,401
- Average Household Income: $85,213
Wallace, KY is located in the state of Kentucky. It is home to about 24,793 people, with around 12 residents living in every square mile.
If you want to buy a house in Wallace, the average price is around $312,401. That makes local housing 81% higher than the Kentucky average of $172,980, and 1% higher than the national average of $308,592.
The average household in Wallace earns about $85,213 a year. This income is 43% higher than the average family in Kentucky ($59,426), and 8% higher than the national average ($78,686).
Population
24,793
Median Household Income
$85,213
Median Home Value
$312,401
Median Age
42.9 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $42,744 |
| Labor Force Participation | 65.3% |
| Unemployment Rate | 2.1% |
| Average Commute Time | 24.6 mins |
Housing & Community Metrics
| Home Ownership Rate | 71.9% |
| Median Rent | $1,146 |
| Rent Burdened (>30% Income) | 27.8% |
| Total Housing Units | 9,841 |
Additional Census & Housing Profile
Geographic Overview
| County | Woodford |
| County FIPS | 21239 |
| Metro Area (CBSA) | Lexington-Fayette, KY |
| Combined Area (CSA) | Lexington-Fayette--Richmond--Frankfort, KY |
| Population Density | 12.3/sq mi |
| Coordinates (lat/lng) | 38.1212, -84.6922 |
| Timezone | America/New_York |
| National Ranking | 4 |
| Incorporated | No |
Household Structure
| Average Family Size | 2.95 |
| Dual Income Families | 56.4% |
Marital Status
| Married | 54.0% |
| Never Married | 25.5% |
| Divorced | 14.6% |
| Widowed | 5.8% |
Gender
| Male | 48.4% |
| Female | 51.6% |
Health & Poverty
| Uninsured Rate (Health) | 5.5% |
| Poverty Rate | 10.3% |
Key Population Groups
| Veterans | 6.9% |
| Disabled Population | 13.7% |
| Limited English Proficiency | 3.6% |
All ZIP Codes in Wallace
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 40383 | 24,793 | $85,213 | $312,401 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Midway, KY | 2.6 miles | 1,776 |
| Versailles, KY | 5.3 miles | 10,492 |
| Stamping Ground, KY | 10.3 miles | 994 |
| Georgetown, KY | 10.6 miles | 39,117 |
| Frankfort, KY | 10.6 miles | 28,503 |
| Keene, KY | 12.6 miles | 346 |
| Lawrenceburg, KY | 13 miles | 11,943 |
| Lexington, KY | 13.8 miles | 323,725 |
| Salvisa, KY | 16.6 miles | 236 |
| Wilmore, KY | 16.9 miles | 6,057 |
| Nicholasville, KY | 17.3 miles | 32,197 |
| Sadieville, KY | 20 miles | 370 |
| High Bridge, KY | 20.1 miles | 109 |
| Paris, KY | 23.5 miles | 10,160 |
| Burgin, KY | 25.6 miles | 993 |
| Harrodsburg, KY | 26 miles | 9,313 |
| Corinth, KY | 26.6 miles | 226 |
| Pleasureville, KY | 27.8 miles | 1,123 |
| Cynthiana, KY | 28.1 miles | 6,458 |
| Winchester, KY | 28.5 miles | 19,213 |
| Shelbyville, KY | 29.8 miles | 17,668 |
| Owenton, KY | 29.9 miles | 1,511 |
| Eminence, KY | 31.2 miles | 2,724 |
| North Middletown, KY | 31.7 miles | 679 |
| Willisburg, KY | 31.8 miles | 334 |
| Millersburg, KY | 32.3 miles | 819 |
| Berry, KY | 32.3 miles | 253 |
| Chaplin, KY | 32.5 miles | 337 |
| Danville, KY | 33.5 miles | 17,327 |
| New Castle, KY | 33.7 miles | 1,052 |
| Mackville, KY | 33.7 miles | 204 |
| Richmond, KY | 34.7 miles | 37,111 |
| Taylorsville, KY | 35.4 miles | 1,496 |
| Lancaster, KY | 35.5 miles | 4,013 |
| Perryville, KY | 35.5 miles | 970 |
| Smithfield, KY | 35.7 miles | 153 |
| Simpsonville, KY | 36.4 miles | 3,062 |
| Williamstown, KY | 36.6 miles | 3,945 |
| Bloomfield, KY | 36.8 miles | 1,124 |
| Elk Creek, KY | 37 miles | 2,207 |
| Junction City, KY | 37.4 miles | 2,643 |
| Carlisle, KY | 38.2 miles | 2,214 |
| Dry Ridge, KY | 39.2 miles | 2,441 |
| Sanders, KY | 39.4 miles | 435 |
| Worthville, KY | 39.4 miles | 176 |
| Campbellsburg, KY | 39.8 miles | 1,016 |
| Fairfield, KY | 39.9 miles | 194 |
| Mount Sterling, KY | 40.7 miles | 7,551 |
| Stanford, KY | 40.7 miles | 3,643 |
| Springfield, KY | 41.3 miles | 2,899 |
| Sparta, KY | 41.4 miles | 272 |
| La Grange, KY | 41.7 miles | 10,311 |
| Sharpsburg, KY | 41.9 miles | 519 |
| Glencoe, KY | 42.3 miles | 319 |
| Berea, KY | 42.7 miles | 15,786 |
| Falmouth, KY | 42.7 miles | 2,449 |
| Camargo, KY | 44.3 miles | 874 |
| Hustonville, KY | 44.9 miles | 612 |
| Pewee Valley, KY | 45.2 miles | 1,483 |
| Buckner, KY | 45.3 miles | 4,119 |
| Clay City, KY | 45.3 miles | 1,204 |
| Crittenden, KY | 45.4 miles | 4,084 |
| Crestwood, KY | 45.5 miles | 6,356 |
| Mount Olivet, KY | 45.5 miles | 170 |
| Middletown, KY | 45.8 miles | 9,763 |
| Woodland Hills, KY | 46.2 miles | 575 |
| Carrollton, KY | 46.3 miles | 3,915 |
| Bardstown, KY | 46.5 miles | 13,804 |
| Crab Orchard, KY | 46.6 miles | 739 |
| Warsaw, KY | 46.8 miles | 2,072 |
| Ghent, KY | 46.8 miles | 286 |
| Anchorage, KY | 47 miles | 2,506 |
| Worthington Hills, KY | 47.1 miles | 1,957 |
| Bedford, KY | 47.1 miles | 386 |
| Mount Washington, KY | 47.2 miles | 18,480 |
| Orchard Grass Hills, KY | 47.2 miles | 1,912 |
| Coldstream, KY | 47.2 miles | 1,331 |
| Prestonville, KY | 47.2 miles | 192 |
| Douglass Hills, KY | 47.3 miles | 5,474 |
| Lamb, IN | 47.7 miles | 272 |
| Vevay, IN | 47.8 miles | 1,757 |
| Verona, KY | 47.8 miles | 1,394 |
| Fincastle, KY | 47.9 miles | 717 |
| Jeffersontown, KY | 48 miles | 29,199 |
| Jeffersonville, KY | 48 miles | 1,651 |
| Sycamore, KY | 48 miles | 118 |
| Blue Ridge Manor, KY | 48.1 miles | 743 |
| Wildwood, KY | 48.7 miles | 220 |
| Forest Hills, KY | 48.9 miles | 387 |
| Hickory Hill, KY | 48.9 miles | 157 |
| Lebanon, KY | 49.1 miles | 6,430 |
| Meadow Vale, KY | 49.1 miles | 878 |
| Creekside, KY | 49.1 miles | 346 |
| Meadowbrook Farm, KY | 49.1 miles | 109 |
| Irvine, KY | 49.2 miles | 2,723 |
| Butler, KY | 49.2 miles | 515 |
| Stanton, KY | 49.3 miles | 3,218 |
| Hurstbourne Acres, KY | 49.3 miles | 1,972 |
| Moorland, KY | 49.3 miles | 479 |
| Hurstbourne, KY | 49.4 miles | 4,702 |