Forest Meadows vs Wallace

A side-by-side comparison of Forest Meadows and Wallace: population, income, housing, and more.

Forest Meadows and Wallace are places in California. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Forest Meadows has the higher population (1,485 vs 743 in Wallace). Wallace has the higher median household income ($113,462 vs $88,250 in Forest Meadows). Wallace has the higher median home value ($562,500 vs $484,100 in Forest Meadows).

Population, income & housing

	Forest Meadows	Wallace
Population	1,485	743
Median age	50.5 yrs	40.4 yrs
Median household income	$88,250	$113,462
Median home value	$484,100	$562,500
Housing units	1,013	238
Homeownership rate	92.4%	67.6%
Bachelor's degree or higher	39.8%	39.4%
Unemployment rate	4.0%	5.5%

Trends (ACS 5-year, 2019–2023)

	Forest Meadows	Wallace
Population	1,327 → 1,485 (+11.9%)	944 → 743 (-21.3%)
Median household income	$77,500 → $88,250 (+13.9%)	$103,199 → $113,462 (+9.9%)
Median home value	$370,400 → $484,100 (+30.7%)	$391,700 → $562,500 (+43.6%)
Median gross rent	$1,461 → $1,818 (+24.4%)	—

Forest Meadows

Population

1,3271,485

Median household income

$77,500$88,250

Median home value

$370,400$484,100

Median gross rent

$1,461$1,818

Wallace

Population

944743

Median household income

$103,199$113,462

Median home value

$391,700$562,500

Age & race/ethnicity

Age distribution (share)

	Forest Meadows	Wallace
Under 5	5.9%	5.0%
5 to 17	13.9%	36.2%
18 to 24	3.6%	3.5%
25 to 34	10.2%	0.0%
35 to 44	9.6%	10.0%
45 to 54	12.8%	14.4%
55 to 64	11.4%	7.8%
65 to 74	23.7%	21.9%
75 and over	8.8%	1.2%

Race & ethnicity (share)

	Forest Meadows	Wallace
White (non-Hispanic)	94.6%	98.4%
Black or African American	0.0%	0.0%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.0%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	4.4%	0.0%
Hispanic or Latino	0.9%	1.6%

Educational attainment (age 25+)

Share of adults 25+

	Forest Meadows	Wallace
No high school diploma	0.0%	5.4%
High school graduate	19.3%	6.8%
Some college or associate's	40.9%	48.4%
Bachelor's degree	22.8%	11.4%
Graduate or professional degree	17.1%	28.0%

Commute to work

How workers get to work (share)

	Forest Meadows	Wallace
Drove alone	73.5%	63.1%
Carpooled	2.0%	3.7%
Public transit	0.0%	0.0%
Walked	1.6%	0.0%
Bicycle	0.0%	0.0%
Worked from home	22.8%	33.2%
Other means	0.0%	0.0%

Housing

Units in structure (share)

	Forest Meadows	Wallace
1-unit, detached	80.1%	100.0%
1-unit, attached	8.4%	0.0%
2 to 4 units	4.2%	0.0%
5 to 19 units	5.3%	0.0%
20 or more units	0.0%	0.0%
Mobile home & other	2.0%	0.0%

Poverty & households

	Forest Meadows	Wallace
Poverty rate	10.3%	0.0%
Average household size	2.32	3.12
Mean commute (minutes)	20	61
Median year structure built	1988	2000