At a Glance
Median Income
$56,696
$30,774 per capita
Home Value
$149,000
Zillow: $251,346
Median Rent
$765/mo
21.8% of income on rent
Bachelor's Degree+
21.5%
92.9% high school+
Unemployment
1.4%
8.3% poverty rate
Obesity Rate
39.5%
16.9% smoking rate
How Wellman Compares to the U.S. Average
Each bar shows Wellman's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Wellman a Good Place to Live?
B+
3.9 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Wellman residents earn a median household income of $56,696 , which is 25% below the national average of $75,149.
Per capita income is $30,774. The unemployment rate stands at 1.4% (61% below the U.S. rate of 3.6%). 8.3% of residents live below the poverty line. The area is home to 858 business establishments, including 43 restaurants.
Housing & Cost of Living
The median home value in Wellman is $149,000 , 47% below the national median of $281,900.
Zillow estimates the typical home at $251,346. Median rent is $765/month, with 21.8% of renters spending more than 30% of income on housing. The cost of living index is 87.8 (100 = national average). The median home was built in 1974.
Education
21.5% of adults in Wellman hold a bachelor's degree or higher
(36% below the national average).
92.9% have completed high school. Local schools score 5.4/10 in standardized testing.
Climate & Weather
Wellman has an average annual temperature of 51°F (11°C).
Winters average 23°F in January while summers reach 76°F in July. Annual precipitation totals 38.1 inches.
Data Overview
People
Population1,539
Median Age40.5 yrs
Density1,438/mi²
Male / Female46% / 54%
Foreign Born0.8%
Veterans4.2%
Economy
A
Median Income$56,696
Per Capita$30,774
Unemployment1.4%
Poverty8.3%
County GDP$1,863M
Avg Weekly Wage$933
Housing
A+
Home Value$149,000
Rent$765
Ownership70.9%
Zillow$251,346
Housing Units652
Rent Burden21.8%
Health
Obesity39.5%
Diabetes9.9%
Smoking16.9%
Heart Disease5.7%
Premature Death6,076/100K
Climate
Avg Temp51°F
Rain38.1 in/yr
Elevation755 ft
Education
C+
Bachelor's+21.5%
High School+92.9%
Graduate+4.8%
School Score5.4/10
Community
2024 VoteR 62% / D 37%
Commute24 min
Broadband90.3%
Internet Speed91 Mbps
EV Stations1
Libraries3
Did You Know?
Wellman was founded in 1879.
The median home in Wellman was built in 1974.
The nearest airport is The Eastern Iowa (31 miles).
The Gini coefficient (income inequality) is 0.394 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
12.1% of the population has a disability.
The county recorded 3 fatal vehicle crashes.