Home

Wallace, LA Real Estate


According to census data in the year 2000 there were 191 housing units in Wallace.

Of those housing units, 28 were located in either urbanized areas or urban clusters, and 163 were located in what is classified as a rural area.

Homeownership rate in Wallace is about 87.8%. Wallace's vacancy rate, including seasonal lodging, is about 9.9%. Average household size is 3.31 people.

The majority of houses, apartments or condos in Wallace were built after 1975.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4.70%
Two Bedrooms12.60%
Three Bedrooms52.90%
Four Bedrooms25.10%
Five Bedrooms or more4.70%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size3.3
Median year structure was built1976
Median Value of occupied units$83,300

Rented Homes, Apartments and Condos

Average Household Size3.38
Median year structure was built1973
Median Monthly Rent asked for vacant units$225

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan14.70%
Simple Mortgage0%
Debt Free85.30%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs18.6%