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Wells, NY

Full City Profile · New York · Fulton County County

3.1 /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
42°F Avg Temperature 259 sunny days/yr
256 Violent Crime/100K 4,442 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$78,047 median income, 5.6% unemployment
A+
Affordability
4.9 / 5.0
$252,900 home value, $763/mo rent
F
Safety
1.0 / 5.0
256 violent crimes/100K
C
Education
2.4 / 5.0
17.3% bachelor's degree or higher

Housing Overview

Median Home Value
$252,900
10% below
US avg: $281,900
Median Rent
$763/mo
34% below
US avg: $1,163/mo
Homeownership Rate
89.0%
36% above US avg (65.4%)
Total Housing Units
492
Median year built: 1975

Home Value by Source

Census Median
$252,900
Zillow (ZHVI)
$278,707
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

89.0%
Owner-Occupied
11.0%
Renter-Occupied
89%
11%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,215/mo
1 Bedroom
$1,315/mo
2 Bedroom
$1,579/mo
3 Bedroom
$1,976/mo
4 Bedroom
$2,193/mo
Census median rent: $763/mo

Affordability & Housing Stock

Rent Burden
21.3%
of renters spending 30%+ of income on housing
31% below US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
89.0%

Complete Housing Data

Home Values

Census Median Value$252,900
Zillow Home Value (ZHVI)$278,707

Rent

Census Median Rent$763
FMR Studio$1,215
FMR 1-Bedroom$1,315
FMR 2-Bedroom$1,579
FMR 3-Bedroom$1,976
FMR 4-Bedroom$2,193

Market

Ownership & Stock

Owner-Occupied89.0%
Renter-Occupied11.0%
Homeownership Rate89.0%
Total Housing Units492
Median Year Built1975
Rent Burden21.3%