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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

Total population
308
−27%since 2023
from 423 in 2023
2010 – 2024
Population density
388 / sq mi
−27%since 2023
from 533 / sq mi in 2023
US average: 281
Median age
55.2
+62%since 2023
from 34.1 in 2023
US average: 38.9
Population, 2010 – 2024
293338383427472201020202024Wells
2024308
201020202024
Age distribution, 2024
Under 55.8%(18)
US avg: 5.6%
5 to 90%(0)
US avg: 6%
10 to 140%(0)
US avg: 6.4%
15 to 190%(0)
US avg: 6.6%
20 to 247.8%(24)
US avg: 6.5%
25 to 3421.4%(66)
US avg: 13.7%
35 to 443.6%(11)
US avg: 13.2%
45 to 5411%(34)
US avg: 12.2%
55 to 6422.4%(69)
US avg: 12.7%
65 to 7419.2%(59)
US avg: 10.2%
75 to 844.9%(15)
US avg: 5.1%
85 and over3.9%(12)
US avg: 1.9%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 02

Income & economy

Median household income
$74,375
−2%inflation adjusted, since 2023
from $73,750 in 2023
US average: $82,259
2010 – 2024
Per capita income
$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%
Poverty rate
6.3%
−8.4 ptssince 2023
from 14.7% in 2023
US average: 12.5%
Income inequality (Gini)
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%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 03

Housing

Median home value
$194,000
−5%inflation adjusted, since 2023
from $198,400 in 2023
US average: $376,019
2010 – 2024
Owner-occupied
94.2%
+12.0 ptssince 2023
from 82.2% in 2023
5.8% rent
Vacancy rate
44.8%
+2.2 ptssince 2023
from 42.6% in 2023
US average: 10.0%
Owner cost-burdened
10.0%
−0.4 ptssince 2023
from 10.4% in 2023
US average: 22.9%
Renter cost-burdened
37.5%
+23.7 ptssince 2023
from 13.8% in 2023
US average: 47.4%
Afford Score
2.6
−3%since 2023
from 2.7 in 2023
2010 – 2024
Our index: median home value divided by median household income. Lower is more affordable.
Gentrification Score
37
Our index, 0 to 100. Higher means faster recent growth in incomes, home values, and college degrees.
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)
2024
White, non-Hispanic81.8%(252)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other18.2%(56)
Diversity Score
37
+36%since 2023
from 27 in 2023
2011 – 2024
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
Section 04 · Origins

Detailed origins & ancestry

Ancestry
French26.3%(81)
Welsh16.6%(51)
Irish16.2%(50)
Polish9.7%(30)
English6.8%(21)
Italian6.5%(20)
German5.8%(18)
Lithuanian4.5%(14)
American3.6%(11)
Scottish2.3%(7)
Dutch1.3%(4)
+ 1 more ancestry group with data
Swedish0.3%(1)
RANKED:Largest French population · Largest Welsh population · Largest Irish population · Largest French Canadian population · Largest Polish population
Section 05

Education

Bachelor's degree or higher
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%
Graduate degree
5.3%
+2.1 ptssince 2023
from 3.2% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
65.3 min
+9%since 2023
from 60.0 min in 2023
US average: 26.5
Drive alone to work
90.0%
−2.5 ptssince 2023
from 92.5% in 2023
US average: 68.9%
Carpooled to work
2.6%
+0.9 ptssince 2023
from 1.8% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
7.4%
+1.7 ptssince 2023
from 5.7% in 2023
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 5.2%
Labor force participation
65.5%
+4.6 ptssince 2023
from 61.0% in 2023
US average: 63.5%
Self-employed
4.2%
+1.1 ptssince 2023
from 3.1% in 2023
US average: 13.1%
Management & professional
20.5%
−13.7 ptssince 2023
from 34.2% in 2023
US average: 42.5%
Section 08

People & community

Male
51.6%
+4.8 ptssince 2023
from 46.8% in 2023
Female
48.4%
−4.8 ptssince 2023
from 53.2% in 2023
Foreign born
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 14.1%
Veterans
6.6%
+2.8 ptssince 2023
from 3.7% in 2023
US average: 6.2%
With a disability
8.8%
+3.8 ptssince 2023
from 5.0% in 2023
US average: 13.3%
Uninsured
3.2%
+2.0 ptssince 2023
from 1.2% in 2023
US average: 8.4%
Broadband at home
89.1%
+2.0 ptssince 2023
from 87.1% in 2023
US average: 91.0%
English only at home
100.0%
Unchangedsince 2023
from 100.0% in 2023
US average: 77.7%
Spanish at home
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.6%
Marital status
Men 15+
Never married18.4%(28)
Married72.4%(110)
Widowed3.9%(6)
Divorced5.3%(8)
Women 15+
Never married17.4%(24)
Married73.9%(102)
Widowed8.7%(12)
Divorced0%(0)
SHARE WITHIN EACH SEX · POPULATION 15 AND OVER · 2024
Drill deeper

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Head to head

Compare Wells to nearby cities

WELLS VS
Rutland
Income$57,675−22%
Home value$185,500−4%
Population15,363+4888%
SEE FULL COMPARISON →
WELLS VS
Glens Falls
Income$67,788−9%
Home value$212,200+9%
Population14,383+4570%
SEE FULL COMPARISON →
WELLS VS
Glens Falls North
Income$77,881+5%
Home value$308,100+59%
Population9,154+2872%
SEE FULL COMPARISON →
WELLS VS
West Glens Falls
Income$93,239+25%
Home value$255,800+32%
Population10,050+3163%
SEE FULL COMPARISON →
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 →