ZIP Code 71343 — Wallace Ridge CDP, LA Demographics & Data

ZIP code 71343 covers Wallace Ridge, LA in Catahoula Parish with a population of about 6,571.

At a glance, the area shows median age of 38.8 (near the U.S. median).

It sits in telephone area code 318; U.S. House district LA-5; the MONROE - EL DORADO media market.

Median household income in ZIP 71343 is about $46,362 — about 38% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 31.3%; unemployment rate near 7.3%; 17.1% of adults with a bachelor’s degree or higher (about 16.6 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Retail trade, and Education; about 10.7% of workers reporting work-from-home (about 4.5 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $85,700 — about 75% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $565 (about 51% below the U.S. median rent ($1,163)), and owner-occupancy near 78.8% (about 13.4 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 71343 in Wallace Ridge, LA, a household would need roughly $24,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $551. That sits below the local median household income ($46,362), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Climate normals for Wallace Ridge CDP, LA show little to no average snow and around 59.5 inches of annual precipitation.

IRS migration statistics show a net inflow of about 260 for ZIP 71343 (Wallace Ridge CDP, LA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.