CensusEasy
CITY · 2020 ACS

Wells

New York · 531 residents · 7.721 sq mi
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The short version

Wells has roughly average household income, with a median household income of $70,750. Population has fallen 16% since 2019, a loss of 99 residents. Median home value is $165,600. With a median age of 59.0, the population is older than the US median of 38.8. Poverty is rare here, at 5.2% of residents.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 59.0
US median: 38.8
Less educated
26% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
531
−16%since 2019
from 630 in 2019
2014 – 2024
Population density
69 / sq mi
−16%since 2019
from 82 / sq mi in 2019
US average: 280
Median age
59.0
+21%since 2019
from 48.9 in 2019
US average: 38.8
Population, 2014 – 2024
4876197518821K201420202024Wells
2024581
201420202024
Section 02

Income & economy

Median household income
$70,750
+53%inflation adjusted, since 2019
from $45,694 in 2019
US average: $66,278
2014 – 2024
Per capita income
$18,485
+8%since 2019
from $17,153 in 2019
US average: $35,364
Households earning $100K+
45.1%
+20.7 ptssince 2019
from 24.3% in 2019
US average: 43.9%
Poverty rate
5.2%
+1.2 ptssince 2019
from 4.0% in 2019
US average: 12.8%
Workforce by industry, 2020
Wholesale trade7.1%
US avg: 6.7%
Information5.9%
US avg: 11.1%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Retail trade0%
US avg: 10%
Transportation & warehousing0%
US avg: 2.5%
Finance & insurance0%
US avg: 5.5%
Professional, scientific, technical0%
US avg: 4.7%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
Other services0%
US avg: 6.6%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$165,600
+2%inflation adjusted, since 2019
from $160,900 in 2019
US average: $265,253
2014 – 2024
Median gross rent
$596
US average: $1,124
Owner-occupied
90.6%
+4.1 ptssince 2019
from 86.5% in 2019
9.4% rent
Afford Score
2.3
−34%since 2019
from 3.5 in 2019
2014 – 2024
RELATED:See current rent listings in Wells on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic99.5%(627)
Black0.5%(3)
Hispanic / Latino0%(0)
Asian0%(0)
Other0%(0)
Diversity Score1.2%(7)
2020
White, non-Hispanic96.6%(513)
Black0.4%(2)
Hispanic / Latino1.1%(6)
Asian0%(0)
Other0%(0)
Diversity Score3.8%(20)
Diversity Score
4
+220%since 2019
from 1 in 2019
2014 – 2024
Section 05

Education

Bachelor's degree or higher
25.5%
+14.3 ptssince 2019
from 11.3% in 2019
US average: 32.9%
High school or higher
86.3%
−9.7 ptssince 2019
from 96.0% in 2019
US average: 88.5%
Graduate degree
14.3%
+9.9 ptssince 2019
from 4.5% in 2019
US average: 12.7%
Section 06

Commute & transportation

Average commute
34.8 min
+98%since 2019
from 17.5 min in 2019
US average: 26.9
Drive alone to work
88.2%
−3.4 ptssince 2019
from 91.6% in 2019
US average: 75.1%
No vehicle available
0.0%
Unchangedsince 2019
from 0.0% in 2019
US average: 8.4%
Section 07

Work & employment

Unemployment rate
7.7%
+2.5 ptssince 2019
from 5.2% in 2019
US average: 5.4%
Labor force participation
49.2%
−0.3 ptssince 2019
from 49.5% in 2019
US average: 63.4%
Management & professional
50.3%
+25.0 ptssince 2019
from 25.3% in 2019
US average: 39.3%
Section 08

People & community

Male
50.5%
−0.2 ptssince 2019
from 50.6% in 2019
Female
49.5%
+0.2 ptssince 2019
from 49.4% in 2019
Foreign born
0.0%
Unchangedsince 2019
from 0.0% in 2019
US average: 13.5%
Uninsured
7.3%
+0.6 ptssince 2019
from 6.7% in 2019
US average: 8.8%
Drill deeper

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Compare Wells to nearby cities

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WELLS VS
Johnstown
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WELLS VS
West Glens Falls
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WELLS VS
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Frequently asked

How many people live in Wells, New York?

Wells, New York has about 531 residents according to the 2020 American Community Survey.

What is the median household income in Wells, New York?

The typical household in Wells, New York earns about $70,750 a year. Half of households make more than that, and half make less.

Is Wells, New York expensive?

In Wells, New York, the median home is worth about $165,600, and the typical rent is about $596 a month.

How educated are people in Wells, New York?

About 25.5% of adults age 25 and over in Wells, New York hold a bachelor's degree or higher.

What is the poverty rate in Wells, New York?

About 5.2% of people in Wells, New York live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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