Wallace Ridge, LA
Population 660 · Louisiana
About Wallace Ridge, LA
Wallace Ridge is a small community in Louisiana with a population of 660 residents. The median household income is $61,136 per year, which is near the national average. The median age in Wallace Ridge is 29.3 years.
Housing in Wallace Ridge has a median home value of $159,400 and median monthly rent of $0. Of the 292 total housing units, the majority are owner-occupied, with 195 owner-occupied and 63 renter-occupied units.
The unemployment rate in Wallace Ridge is 0.0% and the poverty rate is 26.4%. 17.5% of residents hold a bachelor's degree or higher. The average commute time is 29.9 minutes.
Cost of Living in Wallace Ridge, LA
Compared to national averages, Wallace Ridge has a median household income of $61,136 (19% below the national median of $75,149). Home values average $159,400, which is 35% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Louisiana, Wallace Ridge's income is 12% above the state average of $54,685, and home values are 2% above the state median of $156,619.
Why Live in Wallace Ridge, LA?
Wallace Ridge offers affordable housing with a median home value of $159,400, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%.
Potential considerations include median household income ($61,136) that falls below the national average. However, Wallace Ridge’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wallace Ridge has a population of 660 with a median age of 29.3 years. Compare Wallace Ridge with other cities to see how it stacks up, or explore all cities in Louisiana.
Similar Cities Near Wallace Ridge
Cities in Louisiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Marion | 661 | $27,143 | $127,500 | Compare |
| Martin | 674 | $57,684 | $121,700 | Compare |
| Center Point | 645 | $0 | $184,700 | Compare |
| Grand Isle | 644 | $0 | $266,100 | Compare |
| Centerville | 643 | $0 | $326,700 | Compare |
| Chatham | 678 | $31,458 | $45,000 | Compare |
| Mangham | 642 | $41,058 | $113,800 | Compare |
| Lemannville | 680 | $16,181 | $0 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Louisiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Wallace Ridge With Other Cities
Frequently Asked Questions about Wallace Ridge
What is the population of Wallace Ridge, LA?
The population of Wallace Ridge, LA is 660 according to the latest Census data.
What is the median household income in Wallace Ridge?
The median household income in Wallace Ridge, LA is $61,136 per year.
What is the median home value in Wallace Ridge?
The median home value in Wallace Ridge, LA is $159,400.
What is the average rent in Wallace Ridge?
The median monthly rent in Wallace Ridge, LA is $0.
What is the unemployment rate in Wallace Ridge?
The unemployment rate in Wallace Ridge, LA is 0.0%.