Wells

Population: 423
Median household income: $73,750
Median home value: $198,400

Located in Rutland County, Vermont, Wells is a community with a population of 423. Its median household income of $73,750 runs above the Rutland County figure of $64,778.

From 2019 to 2023, Wells's population declined 7.4% from 457 to 423, while its median home value rose 33.2% from $148,900 to $198,400.

The largest age group is 25 to 34, 36.2% of residents. White (non-Hispanic) residents are the largest group, 87.5% of the population.

Demographics

ACS 2019–2023

Population: 423
Median age: 34.1 yrs
Median household income: $73,750
Median home value: $198,400
Median gross rent: $1,208
Housing units: 284
Homeownership rate: 82.2%
Bachelor's degree or higher: 19.6%
Unemployment rate: 0.0%

Trends

ACS 5-year · 2019–2023

Population

457423

Median household income

$71,477$73,750

Median home value

$148,900$198,400

Median gross rent

$867$1,208

Year	Population	Median household income	Median home value	Median gross rent
2019	457	$71,477	$148,900	$867
2020	448	$71,442	$159,600	$921
2021	451	$79,625	$164,300	$936
2022	369	$80,875	$168,600	$1,208
2023	423	$73,750	$198,400	$1,208

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 511.6%

5 to 170.0%

18 to 246.4%

25 to 3436.2%

35 to 441.9%

45 to 548.0%

55 to 6413.9%

65 to 7417.0%

75 and over5.0%

	Count	Share
Under 5	49	11.6%
5 to 17	0	0.0%
18 to 24	27	6.4%
25 to 34	153	36.2%
35 to 44	8	1.9%
45 to 54	34	8.0%
55 to 64	59	13.9%
65 to 74	72	17.0%
75 and over	21	5.0%

Race & ethnicity

	Count	Share
White (non-Hispanic)	370	87.5%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	53	12.5%
Hispanic or Latino (any race)	0	0.0%

Educational attainment (age 25+)

No high school diploma10.4%

High school graduate15.9%

Some college or associate's54.2%

Bachelor's degree16.4%

Graduate or professional degree3.2%

	Count	Share
No high school diploma	36	10.4%
High school graduate	55	15.9%
Some college or associate's	188	54.2%
Bachelor's degree	57	16.4%
Graduate or professional degree	11	3.2%

Commute to work

Mean travel time to work: 60 min

Drove alone92.5%

Carpooled1.8%

Public transit0.0%

Walked0.0%

Bicycle0.0%

Worked from home5.7%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	211	92.5%
Carpooled	4	1.8%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	13	5.7%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	14	6.5%
15 to 29 min	48	22.3%
30 to 44 min	55	25.6%
45 to 59 min	57	26.5%
60+ min	41	19.1%

Households

Average household size: 2.60
Poverty rate: 14.7% (62 of 423)

	Count	Share
Family households	121	74.2%
Nonfamily households	42	25.8%

Housing

Median year structure built: 1974

Occupancy

	Count	Share
Occupied	163	57.4%
Vacant	121	42.6%

Tenure (of occupied units)

	Count	Share
Owner-occupied	134	82.2%
Renter-occupied	29	17.8%

1-unit, detached86.6%

1-unit, attached0.0%

2 to 4 units4.6%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other8.8%

Units in structure

	Count	Share
1-unit, detached	246	86.6%
1-unit, attached	0	0.0%
2 to 4 units	13	4.6%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	25	8.8%

Geography

Place GEOID: 5077875
Type (LSAD): 57
Land area: 0.79 sq mi
Water area: 0.01 sq mi
Center point: 43.4187, -73.2123