Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 54.4 yrs |
|---|---|
| Avg HH Size | 2.47 |
| Below Poverty | 11.8% ▲ 18% above avg |
| College Grads | 43.9% ▲ 13% above avg |
| No HS Diploma | 25 (3.4%) |
| HS Graduate | 271 (36.8%) |
| Some College | 80 (10.9%) |
| Associates | 37 (5%) |
| Bachelors | 287 (39%) |
| Graduate Degree | 36 (4.9%) |
Education
Home Value Distribution
Financials
| Median HH Income | $62,102 ▼ 19% below avg |
|---|---|
| Median Home Value | $141,600 ▼ 49% below avg |
| Home/Income Ratio | 2.3x (nat avg ~3.5x) |
| Total Housing Units | 353 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Wells is a city in Michigan, located in Delta County. The city spans 1 ZIP code and is home to approximately 872 residents. It is a mature city, with a median age of 54.4 years.
Economically, Wells is a solidly middle-class community. The median household income of $62,102 is below the national average. Approximately 11.8% of residents live below the poverty line.
The real estate market in Wells is one of the more affordable housing markets in the country. Median home values stand at $141,600, which is below the national average. Homeownership is high at 100.0%, typical of suburban and family-oriented communities.
The population of Wells is well-educated. 43.9% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (100%).
Wells, MI offers residents a cost-conscious lifestyle within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 49894 | 872 | $62,102 | $141,600 | — | 0.0% | 43.9% | 100.0% |