Wallace Ridge, LA Profile: Facts & Data

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Wallace Ridge, Louisiana - Basic Facts

The Wallace Ridge Census Designated Place had a population of 732 as of July 1, 2019. Wallace Ridge ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Louisiana. See peer rankings below.

The primary coordinate point for Wallace Ridge is located at latitude 31.7096 and longitude -91.8273 in Catahoula Parish. The formal boundaries for the Wallace Ridge Census Designated Place encompass a land area of 7 sq. miles and a water area of 0.46 sq. miles. Catahoula Parish is in the Central time zone (GMT -6). The elevation is 62 feet.

The Wallace Ridge Census Designated Place (GNIS ID: 2586718) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Wallace Ridge Census Designated Place is located within Parish Governing Authority District 4, a minor civil division (MCD) of Catahoula Parish.


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  1. Wallace Ridge 2019 Demographic Data
  2. Growth Rates for Wallace Ridge (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Louisiana Research Tools (Easy Tools & Current Data)
  3. Louisiana Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, parish, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Wallace Ridge, LA Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Wallace Ridge, LA Housing Affordability Index is 299
State of Louisiana Housing Affordability Index is 143
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Wallace Ridge, LA Wealth Index is 62
State of Louisiana Wealth Index is 71
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for cities, Parishes, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Louisiana address.

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  1. New 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 732
Population in Households 732
Population in Familes 635
Population in Group Qrtrs 0
Population Density 105
Diversity Index1 11
 

INCOME

Median Household Income $42,013
Average Household Income $59,177
Per Capita Income $23,678
Wealth Index3 62

HOUSING

Total Housing Units 313 (100%)
Owner Occupied HU 246 (78.6%)
Renter Occupied HU 44 (14.1%)
Vacant Housing Units 22 ( 7.0%)
Median Home Value $78,750
Housing Affordability Index2 299
 

HOUSEHOLDS

Total Households 291
Average Household Size 2.52
Family Households 213
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.33% -0.27%
Households 0.38% -0.21%
Families -0.05% -0.38%
Median Household Income   0.41%
Per Capita Income   1.04%

Wallace Ridge, LA - Peer Comparisons by Rank and Percentile

The table below compares Wallace Ridge to the other 474 incorporated cities, towns and CDPs in Louisiana by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 334 30th
Population Density # 434 9th
Diversity Index # 459 3rd
Median Household Income # 216 55th
Per Capita Income # 181 62nd

Additional comparisons and rankings can be made with a VERY EASY TO USE Louisiana Census Data Comparison Tool.

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