| Place Name | Wallace |
| Place Type | Census Designated Place |
| ZIP Code(s) | 32571 |
| County | Santa Rosa County |
| Area Code(s) | 850 |
| Timezone | Central Daylight Time (CDT) |
| Population (2022) | 1,609 |
| Population Growth Rate (2010-19) | 116.69% |
| Majority Ethnicity | White 83.67% |
| Metro/Micro Stats Area | Pensacola-Ferry Pass-Brent, FL |
| US Congressional District(s) | Florida 1st |
| State House Districts | 3 |
| State Senate Districts | 1 |
| Race/Ethnicy | Percentage of Population (2021) |
|---|---|
| White | 83.67% |
| African American | 2.86% |
| Hispanic | 0% |
| Asian | 11.92% |
| Native American | 0% |
| Hawaiin/Pacific Islander | 1.55% |