Living in Wallaceton, Pennsylvania

Cost of living, income, home prices, rent and demographics of Wallaceton · Census data 2020–2024

Wallaceton has 293 residents with a median age of 43.8. The median household income is $68,125 (13% lower than the Pennsylvania median), the median home value is $126,300, the median rent is $950/month.

Wallaceton is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Wallaceton at a glance

Population
293
Median age
43.8State: 40.9
Median household income
$68,125State: $77,971
Median home value
$126,300State: $254,500
Median rent
$950/moState: $1,209
Homeowners
86.1%
Bachelor's degree or higher
9.5%
Average commute
26 min

Is Wallaceton a good place to live?

Pros: Home values 50% lower than the state median; an average commute of 26 minutes.

Cons: Median household income 13% lower than the Pennsylvania median; unemployment of 6.3%; a poverty rate of 17.7%.

The weather is best in June to September.

Cost of living in Wallaceton

Housing is the biggest part of the cost of living. In Wallaceton the median home value is $126,300, 62% lower than the U.S. median. Renters pay a median of $950 per month, which is 18.3% of household income. Homeowners with a mortgage pay $1,234 a month in housing costs.

Median home value

Wallaceton$126,300
Pennsylvania$254,500
United States$332,700

Median monthly rent

Wallaceton$950
Pennsylvania$1,209
United States$1,413

Wallaceton median household income

The median household income in Wallaceton is $68,125 and the income per person is $26,435. 17.7% of residents live below the poverty line (Pennsylvania: 11.7%).

Median household income

Wallaceton$68,125
Pennsylvania$77,971
United States$80,734

Housing in Wallaceton: homes for sale and rent

Housing units
125
Owner-occupied
86.1%
Renter-occupied
13.9%
Vacant
8%Includes seasonal homes
Median year built
1971
Average household size
2.55

Wallaceton demographics

Population
293
Median age
43.8
Under 18
19.1%
65 and older
14.7%
Households
115
Foreign-born
0%
Veterans
6.8%Adults 18+

Race and ethnicity

White93.9%
Hispanic or Latino0%
Black4.8%
Asian0%

Hispanic or Latino can be of any race. Population history of Wallaceton ›

Education in Wallaceton

9.5% of adults 25 and older in Wallaceton have a bachelor's degree or higher (Pennsylvania: 35.2%), and 0.9% have a graduate or professional degree.

Bachelor's degree or higher

Wallaceton9.5%
Pennsylvania35.2%
United States35.7%

Jobs and commute in Wallaceton

Unemployment rate
6.3%State: 5.3%
Average commute
26 minState: 26 min
Work from home
22.6%
Drive alone
58.9%
Public transit
0%
Walk to work
0%
Homes with broadband
91.3%

Wallaceton vs nearby towns

TownPopulationMedian incomeHome valueRent
Wallaceton293$68,125$126,300$950
Bigler469$61,544$160,000$986
West Decatur650$31,875$92,200$1,028
Morrisdale747$29,826$101,800$1,009
Woodland458$79,667$90,600$836
Boggs1,750$61,354$122,400$1,002
Morris2,750$45,357$116,600$691
Bradford2,820$55,938$118,000$896
Mineral Springs278$71,806$82,400$906

More for people moving to Wallaceton

Wallaceton ZIP code ›Weather and climate ›

Living in Wallaceton: FAQ

What is the median household income in Wallaceton, PA?

The median household income in Wallaceton is $68,125, 13% lower than the Pennsylvania median of $77,971 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Wallaceton?

The median home value in Wallaceton is $126,300, compared with $254,500 in Pennsylvania.

How much is rent in Wallaceton?

The median gross rent in Wallaceton is $950 per month, about 18.3% of household income.

Is Wallaceton, PA a good place to live?

Pluses: home values 50% lower than the state median; an average commute of 26 minutes. Minuses: median household income 13% lower than the Pennsylvania median; unemployment of 6.3%; a poverty rate of 17.7%.

What is the median age in Wallaceton?

The median age in Wallaceton is 43.8 years (Pennsylvania: 40.9).

How long is the commute in Wallaceton?

The average commute to work in Wallaceton is 26 minutes; 22.6% of workers work from home.

What is the unemployment rate in Wallaceton?

The unemployment rate in Wallaceton is 6.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Wallaceton?

9.5% of adults in Wallaceton have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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