Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 53.4 yrs |
|---|---|
| Avg HH Size | 2.32 |
| Below Poverty | 13.0% ▲ 30% above avg |
| College Grads | 37.9% ≈ Avg |
| Unemployment | 0.9% ▼ 83% below avg |
| HS Graduate | 194 (26.9%) |
| Some College | 153 (21.3%) |
| Associates | 100 (13.9%) |
| Bachelors | 72 (10%) |
| Graduate Degree | 201 (27.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $73,000 ≈ Avg |
|---|---|
| Median Home Value | $210,000 ▼ 25% below avg |
| Home/Income Ratio | 2.9x (nat avg ~3.5x) |
| Median Rent | $1,272/mo |
| Total Housing Units | 910 |
| Vacant Units | 480 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Wells is a city in Vermont, located in Rutland County. The city spans 1 ZIP code and is home to approximately 997 residents. It is a mature city, with a median age of 53.4 years.
Economically, Wells is a solidly middle-class community. The median household income of $73,000 is near the national average. Approximately 13.0% of residents live below the poverty line. The unemployment rate is 0.9%, well below the national average.
The real estate market in Wells is an affordable housing market. Median home values stand at $210,000, which is below the national average. Renters typically pay around $1,272 per month. Homeownership is high at 85.1%, typical of suburban and family-oriented communities.
The population of Wells is moderately educated. 37.9% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (91.27%).
Wells, VT offers residents a cost-conscious lifestyle within Vermont.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 05774 | 997 | $73,000 | $210,000 | $1,272 | 0.9% | 37.9% | 85.1% |