Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 52.5 yrs |
|---|---|
| Avg HH Size | 2.30 |
| Below Poverty | 8.3% ▼ 18% below avg |
| College Grads | 52.0% ▲ 34% above avg |
| Unemployment | 3.5% ▼ 29% below avg |
| No HS Diploma | 226 (2.6%) |
| HS Graduate | 2,107 (24.5%) |
| Some College | 844 (9.8%) |
| Associates | 956 (11.1%) |
| Bachelors | 1,121 (13%) |
| Graduate Degree | 3,357 (39%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $83,900 ▲ 10% above avg |
|---|---|
| Median Home Value | $445,800 ▲ 60% above avg |
| Home/Income Ratio | 5.3x (nat avg ~3.5x) |
| Median Rent | $1,313/mo |
| Total Housing Units | 9,590 |
| Vacant Units | 4,584 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Wells is a city in Maine, located in York County. The city spans 1 ZIP code and is home to approximately 11,544 residents. It is a mature city, with a median age of 52.5 years.
Economically, Wells is a middle-income community. The median household income of $83,900 is near the national average. Approximately 8.3% of residents live below the poverty line. The unemployment rate is 3.5%, below the national average.
The real estate market in Wells is a premium housing market. Median home values stand at $445,800, which is significantly above the national average. Renters typically pay around $1,313 per month. Homeownership is high at 88.6%, typical of suburban and family-oriented communities.
The population of Wells is well-educated. 52.0% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (89.48%).
Wells, ME offers residents above-average earning potential within Maine.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 04090 | 11,544 | $83,900 | $445,800 | $1,313 | 3.5% | 52.0% | 88.6% |