Wallace, FL Demographics

A map of Wallace's Population by Race

Race	2024 Pop	2020 Pop	2024 %	2020 %
White	3,008	3,222	71.6%	83.3%
Multiracial	672	199	16.0%	5.1%
Asian	248	56	5.9%	1.4%
Black	131	127	3.1%	3.3%
Hispanic	104	219	2.5%	5.7%
Native American/Other	39	45	0.9%	1.2%

Wallace, Florida has an estimated population of 4,202, an increase from the 3,868 recorded in the 2020 Census. The population is 71.6% White, 16.0% Multiracial, 5.9% Asian, 3.1% Black, 2.5% Hispanic, and 0.9% Native American/Other. This demographic dot map shows the population of Wallace, with one dot drawn for each person counted by the Census, color-coded by race.

Wallace has become considerably more racially diverse since the 2020 Census. It is considerably less diverse than Florida overall. Demographers use a diversity index to measure the probability that two randomly selected individuals belong to different racial or ethnic groups. In Wallace, that probability was 29.9% in 2020 and 45.7% in the most recent ACS estimates.

Wallace is ranked the 524th most populous place in Florida, out of 956 places. This ranking is based on the Census definition of a place, which includes incorporated places like cities, towns, and villages, as well as unincorporated census-designated places (CDPs). Wallace was ranked the 532nd most populous place in the 2020 Census.

Wallace's White Population

3,008 residents of Wallace, or 71.6% of the population, identify as White. The share of White residents in Wallace is significantly higher than in Florida overall, where 50.4% of the population is White. Wallace ranks 248th statewide in terms of White residents as a share of the population, out of 956 places.

Since the 2020 Census, Wallace's White population has declined by an estimated 6.6%. White residents' share of Wallace's population has decreased from 83.3% to 71.6%.

Wallace is more White than neighboring Floridatown (62.5% White). Wallace is less White than neighboring Pace (83.6% White), Chumuckla (98.1% White), Pea Ridge (77.6% White), and Gonzalez (78.1% White).

Wallace's Black Population

131 residents of Wallace, or 3.1% of the population, identify as Black. The share of Black residents in Wallace is considerably lower than in Florida overall, where 14.6% of the population is Black. Wallace ranks 588th statewide in terms of Black residents as a share of the population, out of 956 places.

Since the 2020 Census, Wallace's Black population has grown by an estimated 3.1%. Black residents' share of Wallace's population has remained roughly unchanged at 3.1%.

Wallace is more Black than neighboring Pace (2.9% Black), Floridatown (0% Black), Chumuckla (1.5% Black), and Pea Ridge (2.2% Black). Wallace is less Black than neighboring Gonzalez (8.6% Black).

Wallace's Asian Population

248 residents of Wallace, or 5.9% of the population, identify as Asian. The share of Asian residents in Wallace is slightly higher than in Florida overall, where 2.9% of the population is Asian. Wallace ranks 444th statewide in terms of Asian residents as a share of the population, out of 956 places.

Since the 2020 Census, Wallace's Asian population has grown by an estimated 342.9%. Asian residents' share of Wallace's population has increased from 1.4% to 5.9%.

Wallace is more Asian than neighboring Pace (2.4% Asian), Floridatown (0% Asian), Chumuckla (0% Asian), Pea Ridge (2.6% Asian), and Gonzalez (2.8% Asian).

Wallace's Hispanic Population

104 residents of Wallace, or 2.5% of the population, identify as Hispanic. The share of Hispanic residents in Wallace is significantly lower than in Florida overall, where 27.4% of the population is Hispanic. Wallace ranks 730th statewide in terms of Hispanic residents as a share of the population, out of 956 places.

Since the 2020 Census, Wallace's Hispanic population has declined by an estimated 52.5%. Hispanic residents' share of Wallace's population has decreased from 5.7% to 2.5%.

Wallace is more Hispanic than neighboring Chumuckla (0% Hispanic). Wallace is less Hispanic than neighboring Pace (5.7% Hispanic), Floridatown (11.9% Hispanic), Pea Ridge (6.7% Hispanic), and Gonzalez (5.2% Hispanic).

Wallace's Native American/Other Population

39 residents of Wallace, or 0.9% of the population, identify as American Indian/Alaska Native/Native Hawaiian/Pacific Islander/Other. The share of Native American/Other residents in Wallace is comparable to the share in Florida overall, where 0.8% of the population is Native American/Other. Wallace ranks 162nd statewide in terms of Native American/Other residents as a share of the population, out of 956 places.

Since the 2020 Census, Wallace's Native American/Other population has declined by an estimated 13.3%. Native American/Other residents' share of Wallace's population has remained roughly unchanged at 0.9%.

Wallace is more Native American/Other than neighboring Pace (0.2% Native American/Other), Chumuckla (0.4% Native American/Other), and Gonzalez (0.6% Native American/Other). Wallace is less Native American/Other than neighboring Floridatown (11.6% Native American/Other), and Pea Ridge (1.5% Native American/Other).

Wallace's Multiracial Population

672 residents of Wallace, or 16.0% of the population, identify as Multiracial. The share of Multiracial residents in Wallace is considerably higher than in Florida overall, where 3.8% of the population is Multiracial. Wallace ranks 140th statewide in terms of Multiracial residents as a share of the population, out of 956 places.

Since the 2020 Census, Wallace's Multiracial population has grown by an estimated 237.7%. Multiracial residents' share of Wallace's population has increased from 5.1% to 16.0%.

Wallace is more Multiracial than neighboring Pace (5.3% Multiracial), Floridatown (14% Multiracial), Chumuckla (0% Multiracial), Pea Ridge (9.3% Multiracial), and Gonzalez (4.7% Multiracial).

Sources: Most recent population estimates are from the 2020-2024 American Community Survey 5-Year Estimates. 2020 population counts and map data are from 2020 Census State Redistricting Data. Geographic data are from Census TIGER/Line Shapefiles.