Wallace, FL

Population
4,202
U.S. Census American Community Survey 5-Year · 2024
Elevation
179 ft
Median Home Value
$400,700
U.S. Census American Community Survey 5-Year · 2024
Median Rent
$1,411/mo
U.S. Census American Community Survey 5-Year · 2024
Median Income
$116,496
U.S. Census American Community Survey 5-Year · 2024
General Quality
Overall rating out of 100

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About Wallace

Wallace is a quiet, unincorporated community tucked into Santa Rosa County in the Florida Panhandle, just north of Pace and Milton. Home to around 4,000 residents, it offers a laid-back, spread-out feel while keeping you within an easy drive of Pensacola. You will often spot military training flights overhead from nearby Wallace Field, an outlying Navy airfield that is a familiar fixture across this part of the region.

Day-to-day life here revolves around the wider Pace corridor, with Chumuckla Highway and Wallace Drive providing quick connections to local shopping, dining, and services. Families are often drawn to the area for its generous lot sizes and Santa Rosa County schools, including Wallace Lake K-8. It offers a comfortable mix of open space and easy access to growing suburban amenities.

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