The populace is a noun — the general population of a place. Populous is an adjective meaning having many inhabitants. So a populous city has a large populace. One names the people; the other describes how many there are.
The core difference
A noun and an adjective from the same root.
- populace (noun) — the population: the local populace.
- populous (adjective) — densely inhabited: the most populous state.
The endings tell you
-ace here forms a noun, as in furnace and surface. -ous forms an adjective, as in famous, dangerous, nervous. That suffix pattern is reliable across English and settles this pair instantly.
The tone of populace
Populace sometimes carries a faintly distancing tone, suggesting the ordinary mass of people as viewed from outside. Population is the neutral word if that implication is unwanted.