| | Wallace, NC | Wake Forest, NC | United States |
| Population | 3,401 | 46,387 | 329,725,481 |
| Female Population | 54.0% | 51.4% | 50.5% |
| Male Population | 46.0% | 48.6% | 49.5% |
| Median Age | 45.1 | 38.6 | 38.4 |
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| Population - 2010 | 3,903 | 30,390 | 309,327,143 |
| Population - 2000 | 3,344 | 12,588 | 285,036,114 |
| Population - 1990 | 2,939 | 5,769 | 251,960,433 |
| Pop. 2000 to Now | 15.4% | 275.9% | 15.6% |
| Pop. 1990 to Now | 31.3% | 720.1% | 30.8% |
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| Population Density | 1,108.2 | 2,829.9 | 93.4 |
| Land Area | 3.1 | 16.4 | 3,531,905.4 |
| Water Area | 0.0 | 0.1 | 264,836.8 |
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| Est. Total Population By Age | | | |
| | Wallace, NC | Wake Forest, NC | United States |
| Age 0 to 4 | 3.1% | 7.8% | 5.9% |
| Age 5 to 9 | 10.0% | 6.1% | 6.1% |
| Age 10 to 14 | 8.6% | 8.3% | 6.6% |
| Age 15 to 17 | 4.7% | 5.8% | 3.9% |
| Age 18 to 20 | 1.1% | 3.1% | 4.0% |
| Age 21 to 24 | 1.6% | 2.8% | 5.2% |
| Age 25 to 34 | 6.6% | 11.2% | 13.8% |
| Age 35 to 44 | 13.8% | 16.0% | 12.9% |
| Age 45 to 54 | 17.6% | 17.0% | 12.6% |
| Age 55 to 59 | 7.9% | 5.7% | 6.7% |
| Age 60 to 64 | 4.1% | 4.3% | 6.3% |
| Age 65 to 74 | 7.3% | 7.4% | 9.6% |
| Age 75 to 84 | 11.3% | 3.6% | 4.5% |
| Age 85 and over | 2.3% | 0.9% | 1.9% |
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| Race | | | |
| | Wallace, NC | Wake Forest, NC | United States |
| White | 56.3% | 68.3% | 59.4% |
| Black | 22.6% | 17.5% | 12.2% |
| Asian | 0.0% | 2.3% | 5.6% |
| Native American | 2.3% | 0.1% | 0.6% |
| Hawaiian, Pacific Islander | 0.0% | 0.0% | 0.2% |
| Other | 0.0% | 0.2% | 0.4% |
| Two or More Races | 5.5% | 4.6% | 3.2% |
| Hispanic | 13.4% | 7.0% | 18.4% |
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| Marriage & Family | | | |
| | Wallace, NC | Wake Forest, NC | United States |
| Married Population | 56.6% | 60.5% | 49.8% |
| Currently Married | 48.6% | 58.2% | 48.0% |
| Married but Separated | 8.0% | 2.3% | 1.8% |
| Single Population | 43.4% | 39.5% | 50.2% |
| Never Married | 21.5% | 26.3% | 33.8% |
| Divorced | 13.4% | 9.9% | 10.8% |
| Widowed | 8.6% | 3.3% | 5.6% |
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| Household Size | 2.03 | 2.79 | 2.60 |
| Households | 1,639 | 16,513 | 124,010,992 |
| Family Households | 912 | 12,505 | 80,755,759 |
| Married couple, w/children | 37.1% | 41.0% | 30.5% |
| Married couple, no children | 35.0% | 38.8% | 42.9% |
| Non Family Households | 727 | 4,008 | 43,255,233 |
| Single householder, w/children | 10.2% | 13.3% | 15.8% |
| Single householder, no children | 17.8% | 6.9% | 10.8% |