Wells, NY

Full City Profile · New York · Fulton County County

3.5 /5.0
B+ Good
597 Population 77/sq mi density
$78,047 Median Income $30,546 per capita
$252,900 Home Value $278,707 Zillow
$763 Median Rent 21.3% income on rent
46°F Avg Temperature
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$78,047 median income, 12.0% unemployment
A+
Affordability
4.9 / 5.0
$252,900 home value, $763/mo rent
C
Education
2.4 / 5.0
17.3% bachelor's degree or higher

Wells, NY

At a Glance

Median Income
$78,047
4% above
$30,546 per capita
Home Value
$252,900
10% below
Zillow: $278,707
Median Rent
$763/mo
34% below
21.3% of income on rent
Bachelor's Degree+
17.3%
49% below
76.7% high school+
Unemployment
12.0%
233% above
0.0% poverty rate
Obesity Rate
32.3%
1% above
17.2% smoking rate
Avg Temperature
46°F

How Wells Compares to the U.S. Average

Each bar shows Wells's value as a percentage of the national average (100% = U.S. avg)

Income
104%
Home Value
90%
Rent
66%
Poverty
0%
Bachelor's
51%
Unemployment
333%
Thin vertical line = U.S. national average (100%)

Is Wells a Good Place to Live?

B+
3.5 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Wells residents earn a median household income of $78,047 , which is 4% above the national average of $75,149. Per capita income is $30,546. The unemployment rate stands at 12.0% (233% above the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 1,190 business establishments, including 118 restaurants.

Housing & Cost of Living

The median home value in Wells is $252,900 , 10% below the national median of $281,900. Zillow estimates the typical home at $278,707. Median rent is $763/month, with 21.3% of renters spending more than 30% of income on housing. The cost of living index is 107.9 (100 = national average). The median home was built in 1975.

Education

17.3% of adults in Wells hold a bachelor's degree or higher (49% below the national average). 76.7% have completed high school. Local schools score 4.9/10 in standardized testing.

Climate & Weather

Wells has an average annual temperature of 46°F (8°C). Winters average 20°F in January while summers reach 69°F in July. Annual precipitation totals 54.6 inches.

Data Overview

People

Population597
Median Age54.3 yrs
Density77/mi²
Male / Female51% / 49%
Foreign Born0.5%
Veterans9.0%

Economy

B
Median Income$78,047
Per Capita$30,546
Unemployment12.0%
Poverty0.0%
County GDP$2,446M
Avg Weekly Wage$1,053

Housing

A+
Home Value$252,900
Rent$763
Ownership89.0%
Zillow$278,707
Housing Units492
Rent Burden21.3%

Health

Obesity32.3%
Diabetes9.4%
Smoking17.2%
Heart Disease6.1%
Premature Death9,922/100K

Climate

Avg Temp46°F
Rain54.6 in/yr
Elevation992 ft

Education

C
Bachelor's+17.3%
High School+76.7%
Graduate+6.9%
School Score4.9/10

Community

2024 VoteR 68% / D 32%
Commute37 min
Broadband99.0%
Internet Speed127 Mbps
EV Stations4
Libraries3

Did You Know?

The median home in Wells was built in 1975.
The nearest airport is Albany International (51 miles).
The Gini coefficient (income inequality) is 0.438 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
14.4% of the population has a disability.
Average internet download speed is 127 Mbps.
There are 118 restaurants in the area.
The county recorded 2 fatal vehicle crashes.