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Wallace, NC
Considering a move to Wallace, NC? With a friendly population of around 3,880, this small town offers affordable living—median home prices are just $163,000 and typical 2-bedroom rents near $820. Residents enjoy a short average commute of 22 minutes, mild winters, and 64% sunny days each year. While property crime rates are above the national average, Wallace provides access to local healthcare and schools, making it a welcoming choice for those seeking a quiet lifestyle at a lower cost.
Wallace, NC is a small, close-knit community of about 3,880 residents with a median age of 43, offering a balanced mix of White (50%), Black (34%), and Hispanic (15%) populations. The area reflects moderate population density and a growing diversity, with nearly 13% of residents speaking a language other than English at home.
Living in Wallace is highly affordable, with a median home value of $163,000 and average rent around $820 for a two-bedroom apartment. The overall cost of living index is well below the national average, making it an attractive option for those seeking a budget-friendly lifestyle.
Wallace experiences a higher property crime rate compared to national averages, with about 1 in 41 chance per year, while violent crime remains relatively low at 1 in 425. Residents should stay mindful of home and vehicle security, but generally the town maintains a safe atmosphere for families.
Wallace enjoys mild winters with temperatures typically ranging from 34°F to 54°F and warm, humid summers reaching up to 90°F. The town receives about 50 inches of annual rainfall and boasts 64% sunny days, creating a pleasant climate for outdoor activities.
Households in Wallace have a median income of $40,850, with a notable 20.5% of residents living below the poverty line. The community values education, with over 80% of adults holding at least a high school diploma, and most residents enjoy a short 22-minute average commute.
Wallace offers quality education through local public schools, including Wallace Elementary and Wallace-Rose Hill High School, both with manageable student-teacher ratios. Families also have access to private school options and James Sprunt Community College just 14 miles away, supporting a range of educational needs.
Wallace residents have convenient access to local healthcare, including Novant Health Wallace Medical Center and nearby Vidant Duplin Hospital, both offering emergency services. With 86.5% health insurance coverage and 1.2 physicians per 1,000 people, the community's healthcare needs are well-supported.
The housing market in Wallace is accessible, with a median home price of $163,000 and an owner-occupancy rate of nearly 57%. Home values have appreciated modestly in the past year, and rental vacancies are relatively low, offering options for both buyers and renters.
Wallace residents are served by the North Carolina Division of Motor Vehicles located in nearby Burgaw, providing easy access to driver's licensing, vehicle registration, and other essential DMV services.
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.
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