Median Household Income
$60,156 ± $14,607
Median Home Value
$103,900 ± $13,857
Median Gross Rent
$694 ± $51/mo
Per Capita Income
$33,190
Poverty Rate
8.7%
Unemployment Rate
3.4%
Homeownership Rate
76.1%
Bachelor's Degree or Higher
20.9%
Median Age
46.3
Average Commute
17 min
Households
1,121
Veterans
230
Population Over Time
Wells shrank 6.3% from 2014 to 2024.
2014
2,451
2016
2,388
2018
2,321
2020
2,367
2022
2,278
2024
2,296
Population by Race & Ethnicity
White
88.0%
Hispanic or Latino
5.6%
Black or African American
1.4%
Asian
1.3%
Nearby Cities in Minnesota
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.