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CITY

Wells

Vermont · 308 residents · 0.793 sq mi
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The short version

Wells has roughly average household income, with a median household income of $74,375. Population has fallen 27% since 2023, a loss of 115 residents. 14% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $194,000. With a median age of 55.2, the population is older than the US median of 38.9.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 55.2
US median: 38.9
Less educated
14% hold a bachelor's degree
US average: 36%
More affordable
home values down 5%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

308
−27%since 2023
from 423 in 2023
2010 – 2024
388 / sq mi
−27%since 2023
from 533 / sq mi in 2023
US average: 281
55.2
+62%since 2023
from 34.1 in 2023
US average: 38.9
Population, 20102024
293338383427472201020202024Wells
2024308
201020202024
Section 02

Income & economy

$74,375
−2%inflation adjusted, since 2023
from $73,750 in 2023
US average: $82,259
2010 – 2024
$49,271
+27%since 2023
from $38,781 in 2023
US average: $44,673
Households earning $100K+
47.8%
−1.3 ptssince 2023
from 49.1% in 2023
US average: 53.3%
6.3%
−8.4 ptssince 2023
from 14.7% in 2023
US average: 12.5%
0.453
−1%since 2023
from 0.459 in 2023
US average: 0.476
Workforce by industry, 2024
Wholesale trade24.7%
US avg: 6.9%
Finance & insurance19.5%
US avg: 5.9%
Professional, scientific, technical19.5%
US avg: 5.1%
Information18.4%
US avg: 10.8%
Other services6.3%
US avg: 6.7%
Retail trade5.3%
US avg: 9.9%
Transportation & warehousing4.7%
US avg: 2.2%
Agriculture, forestry, fishing2.6%
US avg: 1.6%
Manufacturing2.6%
US avg: 0.4%
Construction0%
US avg: 1.2%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$194,000
−5%inflation adjusted, since 2023
from $198,400 in 2023
US average: $376,019
2010 – 2024
94.2%
+12.0 ptssince 2023
from 82.2% in 2023
5.8% rent
44.8%
+2.2 ptssince 2023
from 42.6% in 2023
US average: 10.0%
10.0%
−0.4 ptssince 2023
from 10.4% in 2023
US average: 22.9%
37.5%
+23.7 ptssince 2023
from 13.8% in 2023
US average: 47.4%
2.6
−3%since 2023
from 2.7 in 2023
2010 – 2024
RELATED:See current rent listings in Wells on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic87.5%(370)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other12.5%(53)
Diversity Score27.4%(116)
2024
White, non-Hispanic81.8%(252)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other18.2%(56)
Diversity Score37.2%(115)
37
+36%since 2023
from 27 in 2023
2010 – 2024
Section 05

Education

13.5%
−6.1 ptssince 2023
from 19.6% in 2023
US average: 35.6%
High school or higher
96.6%
+7.0 ptssince 2023
from 89.6% in 2023
US average: 89.6%
5.3%
+2.1 ptssince 2023
from 3.2% in 2023
US average: 14.0%
Section 06

Commute & transportation

65.3 min
+9%since 2023
from 60.0 min in 2023
US average: 26.5
90.0%
−2.5 ptssince 2023
from 92.5% in 2023
US average: 68.9%
2.6%
+0.9 ptssince 2023
from 1.8% in 2023
US average: 8.5%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
7.4%
+1.7 ptssince 2023
from 5.7% in 2023
US average: 15.0%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 8.3%
Section 07

Work & employment

0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 5.2%
65.5%
+4.6 ptssince 2023
from 61.0% in 2023
US average: 63.5%
4.2%
+1.1 ptssince 2023
from 3.1% in 2023
US average: 13.1%
20.5%
−13.7 ptssince 2023
from 34.2% in 2023
US average: 42.5%
Section 08

People & community

51.6%
+4.8 ptssince 2023
from 46.8% in 2023
48.4%
−4.8 ptssince 2023
from 53.2% in 2023
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 14.1%
6.6%
+2.8 ptssince 2023
from 3.7% in 2023
US average: 6.2%
8.8%
+3.8 ptssince 2023
from 5.0% in 2023
US average: 13.3%
3.2%
+2.0 ptssince 2023
from 1.2% in 2023
US average: 8.4%
89.1%
+2.0 ptssince 2023
from 87.1% in 2023
US average: 91.0%
100.0%
Unchangedsince 2023
from 100.0% in 2023
US average: 77.7%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.6%
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Frequently asked

How many people live in Wells, Vermont?

Wells, Vermont has about 308 residents according to the 2024 American Community Survey.

What is the median household income in Wells, Vermont?

The typical household in Wells, Vermont earns about $74,375 a year. Half of households make more than that, and half make less.

Is Wells, Vermont expensive?

In Wells, Vermont, the median home is worth about $194,000.

How educated are people in Wells, Vermont?

About 13.5% of adults age 25 and over in Wells, Vermont hold a bachelor's degree or higher.

What is the poverty rate in Wells, Vermont?

About 6.3% of people in Wells, Vermont live below the federal poverty line.

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

How we source and harmonize this data →