HomeNorth CarolinaDuplin CountyWallace town
Wallace town, North Carolina: commercial real estate data.
Wallace town is a Census town of 3,457 people across 3.19 square miles of land, lying across Duplin County and Pender County. Median household income is $51,250, 57.5 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $5.3 m.
81 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Wallace
What Wallace is
- Census place typetown
- Land area3.19 sq mi
- Water area0 sq mi
- Population per square mile of land1,083
- County holding the largest share of its areaDuplin County, 92.5 percent
- Counties this place lies inDuplin County 92.5 percent, Pender County 7.5 percent
Wallace town crosses a county line. The split above is measured from the Census boundary of the place against the county boundaries, by area, so it says where the ground is and not where the town hall is.
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wallace
How many people live in Wallace
- Population3,457
- Median age43.6
- Population under 18725 plus or minus 248
- Share under 1821.0 percent plus or minus 7.2
- Population 65 and over542 plus or minus 176
- Share 65 and over15.7 percent plus or minus 5.1
- Households1,697
- Family households867
- Share of households that are families51.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wallace
Income and work in Wallace
- Median household income$51,250 plus or minus $13,039
- Per capita income$25,823
- Civilian labor force1,607
- Employed1,467 plus or minus 301
- Unemployed140 plus or minus 119
- Unemployment rate8.7 percent plus or minus 7.2
- Adults 25 and over2,367
- Adults 25 and over with a high school diploma or higher73.6 percent
- Adults 25 and over with a bachelor degree or higher11.5 percent plus or minus 5.9
- Adults 25 and over with a graduate degree4.0 percent plus or minus 3.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wallace
Housing in Wallace
- Housing units1,822
- Occupied units1,697
- Vacant units125 plus or minus 108
- Vacancy rate6.9 percent plus or minus 5.8
- Owner occupied976 plus or minus 256
- Renter occupied721 plus or minus 191
- Ownership rate57.5 percent plus or minus 12.5
- Median owner-occupied home value$178,000 plus or minus $46,257
- Median gross rent, monthly$881 plus or minus $198
- Annual rent as a share of median income20.6 percent plus or minus 7.0
- Single family units1,153 plus or minus 269
- Share single family63.3 percent
- Units in buildings of two or more448 plus or minus 215
- Share in buildings of two or more24.6 percent plus or minus 11.2
- Mobile homes221 plus or minus 139
- Median year structure built1977
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wallace
How Wallace gets to work
- Workers 16 and over who commute1,329 plus or minus 277
- Commuting under 15 minutes727 plus or minus 279
- Share commuting under 15 minutes54.7 percent plus or minus 17.6
- Commuting 30 minutes or more368 plus or minus 151
- Share commuting 30 minutes or more27.7 percent plus or minus 9.8
- Drove alone79.9 percent
- Carpooled10.8 percent plus or minus 8.4
- Public transport0.0 percent
- Walked2.2 percent plus or minus 4.0
- Worked from home7.1 percent plus or minus 7.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wallace
SBA loans in Wallace (7(a))
- Approvals4
- Gross approval$5,260,000
- Average approval$1,315,000
- Median approval$2,165,000
- Ninetieth percentile approval$2,845,000
- Largest approval$2,845,000
- Jobs supported8
- Jobs per approval2.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more25.0 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS3
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Wallace
SBA loans in Wallace (504)
- Approvals1
- Gross approval$709,000
- Average approval$709,000
- Median approval$709,000
- Largest approval$709,000
- Jobs supported15
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Wallace
Flood risk in Wallace
- Listed NFIP communities1
- Of those, participating1
- NFIP community number370084
- Currently effective map date06/20/18
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Duplin County, not Wallace
Duplin County context, not Wallace figures
These are Duplin County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Wallace measurements.
- Establishments in Duplin County870
- Employment at those establishments, Duplin County14,132
- Covered employment, Duplin County19,429
- Average annual pay, Duplin County$45,993
- Average weekly wage, Duplin County$884
- Housing units permitted, Duplin County134
- Of those, single family, Duplin County120
- County product, 2024, Duplin County$2,914,358,000
- County product change over the prior year, Duplin County7.0 percent
- Average income of an arriving household, Duplin County$41,564
Every figure in this section is published for Duplin County as a whole and is not a measurement of Wallace. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Wallace questions, answered from the record.
How many people live in Wallace, North Carolina?
3,457, in 1,697 households. Wallace town covers 3.19 square miles of land, which is 1,083 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Wallace in?
Wallace lies in more than one. By area it is 92.5 percent in Duplin County, 7.5 percent in Pender County. This page sits under Duplin County because that county holds the largest share. The split is measured from the Census boundary of the place against the county boundaries.
What is the median household income in Wallace?
$51,250. The median owner-occupied home is valued at $178,000. Median gross rent is $881 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Wallace businesses?
4 7(a) approvals totalling $5.3 m, across 3 lenders, median approval $2,165,000, plus 1 504 approvals worth $709,000. These count approvals to borrowers whose address is in Wallace, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Wallace borrowers get paid back?
No rate is published for Wallace. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Wallace in the National Flood Insurance Program?
Yes. Wallace appears in the FEMA Community Status Book as community 370084, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Wallace figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Duplin County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Wallace.
Is zoning published for Wallace?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.