At a Glance
Median Income
$110,804
$50,991 per capita
Home Value
$383,600
Zillow: $577,075
Median Rent
$1,473/mo
26.5% of income on rent
Bachelor's Degree+
50.0%
98.4% high school+
Unemployment
1.5%
0.9% poverty rate
Obesity Rate
32.5%
9.7% smoking rate
How Wales Compares to the U.S. Average
Each bar shows Wales's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Wales a Good Place to Live?
A+
4.9 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Wales residents earn a median household income of $110,804 , which is 47% above the national average of $75,149.
Per capita income is $50,991. The unemployment rate stands at 1.5% (58% below the U.S. rate of 3.6%). 0.9% of residents live below the poverty line. The area is home to 14,577 business establishments, including 875 restaurants.
Housing & Cost of Living
The median home value in Wales is $383,600 , 36% above the national median of $281,900.
Zillow estimates the typical home at $577,075. Median rent is $1,473/month, with 26.5% of renters spending more than 30% of income on housing. The cost of living index is 94.1 (100 = national average). The median home was built in 1979.
Education
50.0% of adults in Wales hold a bachelor's degree or higher
(48% above the national average).
98.4% have completed high school. Local schools score 7.1/10 in standardized testing.
Climate & Weather
Wales has an average annual temperature of 47°F (8°C).
Winters average 20°F in January while summers reach 71°F in July. Annual precipitation totals 36.0 inches. Air quality is rated Good with a median AQI of 43.
Data Overview
People
Population2,915
Median Age41.9 yrs
Density902/mi²
Male / Female57% / 44%
Foreign Born2.5%
Veterans6.7%
Economy
A+
Median Income$110,804
Per Capita$50,991
Unemployment1.5%
Poverty0.9%
County GDP$42,030M
Avg Weekly Wage$1,346
Housing
A+
Home Value$383,600
Rent$1,473
Ownership84.8%
Zillow$577,075
Housing Units1,080
Rent Burden26.5%
Health
Obesity32.5%
Diabetes7.6%
Smoking9.7%
Heart Disease4.5%
Premature Death5,179/100K
Climate
Avg Temp47°F
Rain36.0 in/yr
AQI43 (Good)
Elevation1,046 ft
Education
A+
Bachelor's+50.0%
High School+98.4%
Graduate+17.2%
School Score7.1/10
Community
2024 VoteR 59% / D 39%
Commute23 min
Broadband97.0%
Internet Speed153 Mbps
EV Stations1
Libraries16
Did You Know?
The median home in Wales was built in 1979.
16.9% work from home.
The nearest airport is General Mitchell International (24 miles).
The Gini coefficient (income inequality) is 0.442 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
6.2% of the population has a disability.
Average internet download speed is 153 Mbps.
There are 875 restaurants in the area.
The county recorded 20 fatal vehicle crashes.