Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 36.8 yrs |
|---|---|
| Avg HH Size | 3.29 |
| Below Poverty | 0.7% ▼ 94% below avg |
| College Grads | 39.4% ≈ Avg |
| No HS Diploma | 5 (3.8%) |
| HS Graduate | 43 (32.6%) |
| Some College | 2 (1.5%) |
| Associates | 30 (22.7%) |
| Bachelors | 8 (6.1%) |
| Graduate Degree | 44 (33.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $111,250 ▲ 46% above avg |
|---|---|
| Median Home Value | $143,500 ▼ 49% below avg |
| Home/Income Ratio | 1.3x (nat avg ~3.5x) |
| Median Rent | $518/mo |
| Total Housing Units | 133 |
| Vacant Units | 40 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Wellman is a city in Texas, located in Terry County. The city spans 1 ZIP code and is home to approximately 306 residents. It is a relatively young city, with a median age of 36.8 years.
Economically, Wellman is a upper-middle-income community. The median household income of $111,250 is above the national average. Approximately 0.7% of residents live below the poverty line.
The real estate market in Wellman is one of the more affordable housing markets in the country. Median home values stand at $143,500, which is below the national average. Renters typically pay around $518 per month. Homeownership is high at 73.1%, typical of suburban and family-oriented communities.
The population of Wellman is moderately educated. 39.4% of adults hold a bachelor's degree or higher — near the national average. The community is racially diverse, with Hispanic as the largest group at 45.4%.
Wellman, TX offers residents above-average earning potential within Texas.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 79378 | 306 | $111,250 | $143,500 | $518 | 0.0% | 39.4% | 73.1% |