All Countries
Wells, MN
Full City Profile · Minnesota · Faribault County County
3.2
/5.0
B
Good
2,317
Population
1,109/sq mi density
$58,663
Median Income
$31,393 per capita
$93,200
Home Value
$136,098 Zillow
$699
Median Rent
28.2% income on rent
46°F
Avg Temperature
260 sunny days/yr
92
Violent Crime/100K
277 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$58,663 median income, 2.4% unemployment
A+
Affordability
5.0 / 5.0
$93,200 home value, $699/mo rent
F
Safety
1.0 / 5.0
92 violent crimes/100K
C+
Education
2.6 / 5.0
19.8% bachelor's degree or higher
Top Industries in Wells (9)
County-level employment data (BLS QCEW). Sorted by employment.
Manufacturing
1,012 jobs
28 firms
$65,808/yr
Retail Trade
361 jobs
47 firms
$28,413/yr
Other Services
229 jobs
42 firms
$37,809/yr
Construction
204 jobs
48 firms
$56,586/yr
Finance & Insurance
164 jobs
25 firms
$81,973/yr
Wholesale Trade
149 jobs
24 firms
$60,067/yr
Agriculture & Forestry
143 jobs
40 firms
$48,874/yr
Information & Technology
96 jobs
8 firms
$71,826/yr
Real Estate
10 jobs
4 firms
$20,359/yr
Industry Specialization (Location Quotient)
LQ > 1.0 means the industry is more concentrated here than the national average.
Agriculture & Forestry
3.88
Manufacturing
2.71
Other Services
1.67
Information & Technology
1.13
Finance & Insurance
0.89
Construction
0.85
Wholesale Trade
0.83
Retail Trade
0.79
Real Estate
0.14
Thin line = national average (1.0)
Complete Industry Data
| Industry | Employment | Establishments | Avg Weekly Wage | Avg Annual Pay | LQ |
|---|---|---|---|---|---|
| Manufacturing | 1,012 | 28 | $1,266 | $65,808 | 2.71 |
| Retail Trade | 361 | 47 | $546 | $28,413 | 0.79 |
| Other Services | 229 | 42 | $727 | $37,809 | 1.67 |
| Construction | 204 | 48 | $1,088 | $56,586 | 0.85 |
| Finance & Insurance | 164 | 25 | $1,576 | $81,973 | 0.89 |
| Wholesale Trade | 149 | 24 | $1,155 | $60,067 | 0.83 |
| Agriculture & Forestry | 143 | 40 | $940 | $48,874 | 3.88 |
| Information & Technology | 96 | 8 | $1,381 | $71,826 | 1.13 |
| Real Estate | 10 | 4 | $392 | $20,359 | 0.14 |