Wallace, VA
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Wallace, VA: Quick Facts & Overview
- Population: 12,389 residents (77 people per sq. mi.)
- Average House Price: $200,588
- Average Household Income: $60,905
Wallace, VA is located in the state of Virginia. It is home to about 12,389 people, with around 77 residents living in every square mile.
If you want to buy a house in Wallace, the average price is around $200,588. That makes local housing 42% lower than the Virginia average of $344,811, and 35% lower than the national average of $308,592.
The average household in Wallace earns about $60,905 a year. This income is 29% lower than the average family in Virginia ($85,511), and 23% lower than the national average ($78,686).
Population
12,389
Median Household Income
$60,905
Median Home Value
$200,588
Median Age
46.6 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $33,850 |
| Labor Force Participation | 58.7% |
| Unemployment Rate | 3.5% |
| Average Commute Time | 24.2 mins |
Housing & Community Metrics
| Home Ownership Rate | 84.1% |
| Median Rent | $833 |
| Rent Burdened (>30% Income) | 22.6% |
| Total Housing Units | 5,069 |
Additional Census & Housing Profile
Geographic Overview
| County | Washington |
| County FIPS | 51191 |
| Metro Area (CBSA) | Kingsport-Bristol, TN-VA |
| Combined Area (CSA) | Johnson City-Kingsport-Bristol, TN-VA |
| Population Density | 76.5/sq mi |
| Coordinates (lat/lng) | 36.6529, -82.1279 |
| Timezone | America/New_York |
| National Ranking | 4 |
| Incorporated | No |
Household Structure
| Average Family Size | 2.83 |
| Dual Income Families | 48.0% |
Marital Status
| Married | 54.0% |
| Never Married | 24.3% |
| Divorced | 16.4% |
| Widowed | 5.3% |
Gender
| Male | 52.3% |
| Female | 47.7% |
Health & Poverty
| Uninsured Rate (Health) | 7.1% |
| Poverty Rate | 12.5% |
Key Population Groups
| Veterans | 9.8% |
| Disabled Population | 18.0% |
| Limited English Proficiency | 0.2% |
All ZIP Codes in Wallace
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 24202 | 12,389 | $60,905 | $200,588 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Bristol, VA | 3 miles | 16,849 |
| Bristol, TN | 8.2 miles | 72,565 |
| Abingdon, VA | 9.5 miles | 8,330 |
| Walnut Hill, TN | 9.6 miles | 2,415 |
| Mendota, VA | 10.6 miles | 262 |
| Blountville, TN | 13.9 miles | 3,309 |
| Bluff City, TN | 15.7 miles | 2,225 |
| Lebanon, VA | 17.2 miles | 3,116 |
| Nickelsville, VA | 17.4 miles | 368 |
| Hunter, TN | 17.7 miles | 1,918 |
| Castlewood, VA | 17.9 miles | 1,357 |
| Emory, VA | 18.8 miles | 1,419 |
| Damascus, VA | 18.8 miles | 772 |
| Hiltons, VA | 18.8 miles | 217 |
| Orebank, TN | 19.8 miles | 816 |
| Cleveland, VA | 20.1 miles | 369 |
| Biltmore, TN | 20.4 miles | 1,846 |
| St. Paul, VA | 20.4 miles | 963 |
| Butler, TN | 21.1 miles | 127 |
| Watauga, TN | 21.6 miles | 644 |
| Bloomingdale, TN | 21.8 miles | 9,292 |
| Glade Spring, VA | 21.8 miles | 2,135 |
| Mountain City, TN | 21.9 miles | 2,542 |
| Dungannon, VA | 22.4 miles | 316 |
| Elizabethton, TN | 22.7 miles | 14,374 |
| Oak Grove, TN | 23.1 miles | 4,626 |
| Spurgeon, TN | 23.5 miles | 4,071 |
| Colonial Heights, TN | 24 miles | 3,258 |
| Central, TN | 24.2 miles | 1,938 |
| Weber City, VA | 24.2 miles | 1,504 |
| Valley Forge, TN | 24.4 miles | 2,136 |
| Dante, VA | 24.4 miles | 591 |
| Kingsport, TN | 24.9 miles | 103,542 |
| Gate City, VA | 25 miles | 1,928 |
| Gray, TN | 25.1 miles | 2,237 |
| Saltville, VA | 25.3 miles | 2,198 |
| Allison Gap, VA | 25.4 miles | 526 |
| Johnson City, TN | 25.7 miles | 131,898 |
| Hampton, TN | 26.1 miles | 1,883 |
| Pine Crest, TN | 26.6 miles | 2,029 |
| Honaker, VA | 26.6 miles | 1,188 |
| Chilhowie, VA | 26.7 miles | 2,428 |
| Coeburn, VA | 27.6 miles | 1,639 |
| Riverview, VA | 27.6 miles | 607 |
| Sullivan Gardens, TN | 28.1 miles | 1,267 |
| Seven Mile Ford, VA | 29.7 miles | 644 |
| Tacoma, VA | 29.7 miles | 131 |
| Mount Carmel, TN | 30.3 miles | 5,472 |
| Adwolf, VA | 31.2 miles | 1,046 |
| Jonesborough, TN | 31.4 miles | 6,232 |
| Unicoi, TN | 31.8 miles | 3,806 |
| Fall Branch, TN | 32 miles | 1,160 |
| Cove Creek, NC | 32.3 miles | 1,629 |
| Roan Mountain, TN | 32.4 miles | 797 |
| The University of Virginia's College at Wise, VA | 32.5 miles | 489 |
| McMullin, VA | 32.5 miles | 324 |
| Beech Mountain, NC | 33.4 miles | 987 |
| Norton, VA | 33.6 miles | 3,577 |
| Wise, VA | 33.6 miles | 2,916 |
| Church Hill, TN | 33.8 miles | 7,139 |
| Raven, VA | 33.9 miles | 1,345 |
| Richlands, VA | 34.9 miles | 5,171 |
| Elk Park, NC | 35.1 miles | 560 |
| Claypool Hill, VA | 35.2 miles | 1,610 |
| Lansing, NC | 35.9 miles | 165 |
| Telford, TN | 36.1 miles | 731 |
| Marion, VA | 36.2 miles | 5,670 |
| Cedar Bluff, VA | 36.2 miles | 1,167 |
| Valle Crucis, NC | 36.2 miles | 242 |
| Banner Elk, NC | 37.1 miles | 1,473 |
| East Stone Gap, VA | 37.1 miles | 683 |
| Clinchco, VA | 37.2 miles | 268 |
| Embreeville, TN | 37.4 miles | 1,062 |
| Pounding Mill, VA | 37.4 miles | 222 |
| Big Stone Gap East, VA | 37.5 miles | 567 |
| Troutdale, VA | 38.2 miles | 178 |
| Erwin, TN | 38.4 miles | 5,988 |
| Big Stone Gap, VA | 38.7 miles | 5,162 |
| Clintwood, VA | 38.9 miles | 1,400 |
| Seven Devils, NC | 39 miles | 425 |
| Sugar Mountain, NC | 39.2 miles | 539 |
| West Jefferson, NC | 39.7 miles | 1,436 |
| Foscoe, NC | 39.7 miles | 1,226 |
| Boone, NC | 39.9 miles | 20,032 |
| Haysi, VA | 39.9 miles | 519 |
| Jefferson, NC | 40 miles | 1,864 |
| Banner Hill, TN | 40.1 miles | 1,211 |
| Vansant, VA | 40.3 miles | 551 |
| Appalachia, VA | 40.6 miles | 1,391 |
| Newland, NC | 40.6 miles | 866 |
| Sugar Grove, VA | 40.7 miles | 563 |
| Dunbar, VA | 40.7 miles | 115 |
| Pound, VA | 42.1 miles | 913 |
| Stonega, VA | 42.1 miles | 151 |
| Surgoinsville, TN | 42.4 miles | 1,911 |
| Atkins, VA | 42.7 miles | 985 |
| Linville, NC | 42.9 miles | 291 |
| Grundy, VA | 43 miles | 872 |
| Stickleyville, VA | 43.6 miles | 143 |
| Bakersville, NC | 44.1 miles | 747 |