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Wallace, FL Real Estate

Wallace, Florida is located in Santa Rosa County. Nearby cities and towns include Pace, Floridatown, Pea Ridge, Chumuckla, Molino, Gonzalez, Point Baker, Mulat, Milton, Allentown, Ferry Pass, Avalon, Bagdad, Ensley, Roeville, Brent, East Milton, Brownsdale, Pine Level, Cobbtown, Garcon Point, Pensacola, Dickerson City, Bellview, Goulding, Whitfield, Springhill, West Pensacola, Berrydale, Myrtle Grove, Jay, Fidelis, Warrington, Century, Oriole Beach, Tiger Point, Gulf Breeze, Midway, Harold, Munson, Mount Carmel, Woodlawn Beach, Holley, Dixonville, Flomaton, and Pollard. Wallace is a rural community with a population of 1,827. The median household income is $81,018. In Wallace, 57% of residents are married, and families with children reside in 40% of the households. Half the population of Wallace commutes 23 minutes or less to work, with 67% of residents holding white collar jobs and 33% residents holding blue collar jobs. The median age of homes in Wallace, FL is 8 years, with 85% of those homes owned, 10% rented, and 5% not occupied. In the previous year, 46 Wallace properties were sold. The median sale price of a home in Wallace in the previous year was $204,602.

Wallace, FL Real Estate Listings


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Wallace, FL Local Market & Demographic Data

Married vs. single

Wallace, FL
  • 43% Single
  • 57% Married
  • 53% Single
  • 47% Married

Male VS. Female

Wallace, FL
  • 50% Female
  • 50% Male
  • 51% Female
  • 49% Male

Average Age of Citizens in Wallace, FL

  • 39
  • 41
  • Wallace, FL
  • Florida

Average Age of Homes in Wallace, FL

  • 8
  • 20
  • Wallace, FL
  • Florida

Vacant Homes in Wallace, FL

  • 5%
  • 15%
  • Wallace, FL
  • Florida

Average INCOME of Citizens

  • $100,963
  • $67,510
  • Wallace, FL
  • Florida

Owned Homes vs. Rented Homes

Wallace, FL
  • 85% Owned
  • 10% Rented
  • 55% Owned
  • 30% Rented