Wells
Wells has notably lower household income than the US average, with a median household income of $38,314. Population has declined 6% since 2000. 15% of adults hold a bachelor's degree or higher, below the national rate of 28%. Median home value has risen by half since 2000, reaching $73,900. With a median age of 45.3, the population is older than the US median of 37.2. Households here earn about 33% less than the Minnesota median.
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How many people live in Wells, Minnesota?
Wells, Minnesota has about 2,343 residents according to the 2010 American Community Survey.
What is the median household income in Wells, Minnesota?
The typical household in Wells, Minnesota earns about $38,314 a year. Half of households make more than that, and half make less.
Is Wells, Minnesota expensive?
In Wells, Minnesota, the median home is worth about $73,900, and the typical rent is about $411 a month.
How educated are people in Wells, Minnesota?
About 15.4% of adults age 25 and over in Wells, Minnesota hold a bachelor's degree or higher.
What is the poverty rate in Wells, Minnesota?
About 10.3% of people in Wells, Minnesota live below the federal poverty line.
Has Wells, Minnesota grown since 1990?
Yes, Wells, Minnesota has shrunk since 1990. The population has lost about 122 residents, a change of about -5 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024