Wallaceton is a borough in Clearfield County, Pennsylvania, United States.

[4] U.S. Route 322 passes through the southwestern corner of the borough and leads northwest 11 miles (18 km) to Clearfield, the county seat, and southeast 6 miles (10 km) to Philipsburg.

According to the United States Census Bureau, Wallaceton has a total area of 0.77 square miles (2.0 km2), all land.

There were 134 housing units at an average density of 191.5 per square mile (73.9/km2).

22.1% of all households were made up of individuals, and 10.7% had someone living alone who was 65 years of age or older.