At a Glance
Median Income
$73,750
$38,781 per capita
Home Value
$198,400
Zillow: $333,074
Median Rent
$1,208/mo
21.7% of income on rent
Bachelor's Degree+
19.6%
89.6% high school+
Unemployment
0.0%
14.0% poverty rate
Obesity Rate
34.8%
13.2% smoking rate
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)
Thin vertical line = U.S. national average (100%)
Is Wells 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
Wells residents earn a median household income of $73,750 , which is 2% below the national average of $75,149.
Per capita income is $38,781. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 14.0% of residents live below the poverty line. The area is home to 1,294 business establishments, including 105 restaurants.
Housing & Cost of Living
The median home value in Wells is $198,400 , 30% below the national median of $281,900.
Zillow estimates the typical home at $333,074. Median rent is $1,208/month, with 21.7% of renters spending more than 30% of income on housing. The cost of living index is 98.0 (100 = national average). The median home was built in 1972.
Education
19.6% of adults in Wells hold a bachelor's degree or higher
(42% below the national average).
89.6% have completed high school. Local schools score 6.4/10 in standardized testing.
Climate & Weather
Wells has an average annual temperature of 48°F (9°C).
Winters average 21°F in January while summers reach 72°F in July. Annual precipitation totals 42.5 inches.
Data Overview
People
Population423
Median Age34.1 yrs
Density535/mi²
Male / Female47% / 53%
Foreign Born0.0%
Veterans3.7%
Economy
A
Median Income$73,750
Per Capita$38,781
Unemployment0.0%
Poverty14.0%
County GDP$2,641M
Avg Weekly Wage$1,195
Housing
A+
Home Value$198,400
Rent$1,208
Ownership82.2%
Zillow$333,074
Housing Units264
Rent Burden21.7%
Health
Obesity34.8%
Diabetes7.4%
Smoking13.2%
Heart Disease5.3%
Premature Death8,493/100K
Climate
Avg Temp48°F
Rain42.5 in/yr
Elevation477 ft
Education
C+
Bachelor's+19.6%
High School+89.6%
Graduate+0.0%
School Score6.4/10
Community
2024 VoteR 61% / D 39%
Commute60 min
Broadband87.1%
Internet Speed153 Mbps
EV Stations2
Libraries9
Did You Know?
The median home in Wells was built in 1972.
The nearest airport is Rutland/Southern Vermont Regional (15 miles).
The Gini coefficient (income inequality) is 0.413 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
5.0% of the population has a disability.
Average internet download speed is 153 Mbps.
There are 105 restaurants in the area.
The county recorded 11 fatal vehicle crashes.