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The total population of Wallaceton is estimated to be 246 with 154 males (62.60%) and 92 females (37.40%). There are 62 less females than males in Wallaceton.
The median household income in Wallaceton was $46,614 in 2021, which marked an an increase of 7,561(19.36%) from $39,053 in 2020. This income is 62.48% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Wallaceton sees its highest median household income among householders in the age group of 25 to 44 years old, at $79,582. Overall, the median household income for the borough of Wallaceton stands at $46,614.
In Wallaceton, the median income for all workers aged 15 years and older, regardless of work hours, was $34,358 for males and $16,117 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $52,470 for males and $33,478 for females.
In Wallaceton, population is primarily represented by White households, reporting a median income of $46,953.
In 2022, the population of Wallaceton was 294, a 1.01% decrease year-by-year from 2021. Previously, in 2021, Wallaceton's population was 297, a decline of 0.34% compared to a population of 298 in 2020.
The median age in Wallaceton, PA is 45.5, as per 2021 ACS 5-Year Estimates. Of the total population, 18.29% were under the age of 15, 13.82% aged 15 to 29, 54.47% aged 30 to 64, 11.79% aged 65 to 84, and 1.63% were 85 years of age and older.
Racial distribution of Wallaceton population: 99.59% are White and 0.41% are multiracial.