Wallace is a very small town located in the state of North Carolina. With a population of 3,440 people and three associated neighborhoods, Wallace is the 231st largest community in North Carolina.Because occupations involving physical labor dominate the local economy, Wallace is generally considered to be a blue-collar town. 40.56% of the Wallace workforce is employed in blue-collar occupations, compared to the national average of 27.7%. Overall, Wallace is a town of service providers, production and manufacturing workers, and professionals. There are especially a lot of people living in Wallace who work in teaching (8.51%), sales jobs (7.99%), and healthcare (6.44%). Also of interest is that Wallace has more people living here who work in computers and math than 95% of the places in the US. Residents will find that the town is relatively quiet. This is because it is not over-populated, and it has fewer college students, renters, and young children - all of whom can be noisy at times. So, if you're looking for a relatively peaceful place to live, Wallace is worth considering. One of the benefits of Wallace is that there is very little traffic. The average commute to work is 15.59 minutes, which is substantially less than the national average. Not only does this mean that the drive to work is less aggravating, but noise and pollution levels are lower as a result. Being a small town, Wallace does not have a public transit system used by locals to get to and from work.The percentage of adults in Wallace with college degrees is slightly lower than the national average of 21.84% for all communities. 15.33% of adults in Wallace have a bachelor's degree or advanced degree. The per capita income in Wallace in 2022 was $28,395, which is middle income relative to North Carolina, and lower middle income relative to the rest of the US. This equates to an annual income of $113,580 for a family of four. However, Wallace contains both very wealthy and poor people as well. Wallace is an extremely ethnically-diverse town. The people who call Wallace home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Wallace residents report their race to be White, followed by Black or African-American. Wallace also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 15.28% of the town’s residents. Important ancestries of people in Wallace include English, German, Irish, Polish, and Palestinian. The most common language spoken in Wallace is English. Other important languages spoken here include Spanish and Italian.