Wells, MN
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Wells, MN: Quick Facts & Overview
- Population: 2,296 residents (425 people per sq. mi.)
- Average House Price: $103,854
- Average Household Income: $60,156
Wells, MN is located in the state of Minnesota. It is home to about 2,296 people, with around 425 residents living in every square mile.
If you want to buy a house in Wells, the average price is around $103,854. That makes local housing 60% lower than the Minnesota average of $260,056, and 66% lower than the national average of $308,592.
The average household in Wells earns about $60,156 a year. This income is 27% lower than the average family in Minnesota ($82,068), and 24% lower than the national average ($78,686).
Population
2,296
Median Household Income
$60,156
Median Home Value
$103,854
Median Age
46.3 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $36,571 |
| Labor Force Participation | 62.8% |
| Unemployment Rate | 3.4% |
| Average Commute Time | 17.6 mins |
Housing & Community Metrics
| Home Ownership Rate | 76.1% |
| Median Rent | $694 |
| Rent Burdened (>30% Income) | 23.9% |
| Total Housing Units | 1,121 |
Additional Census & Housing Profile
Geographic Overview
| County | Faribault |
| County FIPS | 27043 |
| Metro Area (CBSA) | - |
| Population Density | 424.9/sq mi |
| Coordinates (lat/lng) | 43.7427, -93.7281 |
| Timezone | America/Chicago |
| National Ranking | 3 |
| Incorporated | Yes |
Household Structure
| Average Family Size | 2.50 |
| Dual Income Families | 39.2% |
Marital Status
| Married | 50.2% |
| Never Married | 27.4% |
| Divorced | 9.8% |
| Widowed | 12.6% |
Gender
| Male | 50.5% |
| Female | 49.5% |
Health & Poverty
| Uninsured Rate (Health) | 4.3% |
| Poverty Rate | 8.7% |
Key Population Groups
| Veterans | 12.3% |
| Disabled Population | 20.4% |
| Limited English Proficiency | - |
All ZIP Codes in Wells
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 56097 | 3,487 | $62,264 | $130,250 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Freeborn, MN | 8.3 miles | 348 |
| Minnesota Lake, MN | 8.4 miles | 687 |
| Easton, MN | 8.7 miles | 178 |
| Alden, MN | 9.2 miles | 629 |
| Hartland, MN | 12.9 miles | 422 |
| Waldorf, MN | 13.2 miles | 171 |
| Bricelyn, MN | 13.3 miles | 392 |
| Kiester, MN | 14.3 miles | 494 |
| Delavan, MN | 14.5 miles | 160 |
| Frost, MN | 14.7 miles | 275 |
| New Richland, MN | 15.7 miles | 1,184 |
| Mapleton, MN | 17 miles | 1,728 |
| Pemberton, MN | 18.6 miles | 223 |
| Albert Lea, MN | 19.2 miles | 18,330 |
| Blue Earth, MN | 19.9 miles | 3,165 |
| Clarks Grove, MN | 20 miles | 636 |
| Emmons, MN | 20.3 miles | 363 |
| Rake, IA | 20.5 miles | 190 |
| Winnebago, MN | 22.1 miles | 1,280 |
| Ellendale, MN | 23.2 miles | 754 |
| Geneva, MN | 23.6 miles | 387 |
| Amboy, MN | 23.7 miles | 602 |
| Elmore, MN | 24.3 miles | 451 |
| St. Clair, MN | 24.5 miles | 710 |
| Lake Mills, IA | 24.6 miles | 2,088 |
| Hayward, MN | 24.9 miles | 231 |
| Good Thunder, MN | 25 miles | 456 |
| Glenville, MN | 25.2 miles | 572 |
| Thompson, IA | 25.9 miles | 459 |
| Waseca, MN | 26 miles | 9,164 |
| Janesville, MN | 26.1 miles | 2,378 |
| Hollandale, MN | 26.2 miles | 340 |
| Vernon Center, MN | 26.6 miles | 329 |
| Buffalo Center, IA | 26.7 miles | 911 |
| Leland, IA | 28.8 miles | 306 |
| Joice, IA | 29.5 miles | 207 |
| Eagle Lake, MN | 30.1 miles | 3,281 |
| Garden City, MN | 30.5 miles | 194 |
| Ledyard, IA | 31.1 miles | 112 |
| Lakota, IA | 31.2 miles | 266 |
| Granada, MN | 31.2 miles | 243 |
| Skyline, MN | 31.4 miles | 307 |
| Mankato, MN | 32.1 miles | 45,473 |
| Elysian, MN | 32.2 miles | 676 |
| Madison Lake, MN | 32.4 miles | 1,322 |
| Northwood, IA | 32.9 miles | 2,040 |
| Forest City, IA | 33.9 miles | 4,290 |
| North Mankato, MN | 34 miles | 14,211 |
| Waterville, MN | 34.1 miles | 1,947 |
| Owatonna, MN | 34.5 miles | 26,498 |
| Blooming Prairie, MN | 34.7 miles | 1,843 |
| Lake Crystal, MN | 35 miles | 2,606 |
| Northrop, MN | 35.4 miles | 240 |
| Truman, MN | 35.8 miles | 1,212 |
| Morristown, MN | 36.1 miles | 1,265 |
| Crystal Lake, IA | 36.1 miles | 283 |
| Hanlontown, IA | 36.4 miles | 249 |
| Fertile, IA | 36.5 miles | 255 |
| Woden, IA | 36.5 miles | 219 |
| Fairmont, MN | 37.3 miles | 10,296 |
| Kensett, IA | 37.3 miles | 270 |
| Lewisville, MN | 37.4 miles | 255 |
| Austin, MN | 37.8 miles | 26,358 |
| Mapleview, MN | 37.8 miles | 110 |
| Medford, MN | 37.9 miles | 1,257 |
| Lansing, MN | 38.1 miles | 152 |
| Swea City, IA | 38.3 miles | 591 |
| Titonka, IA | 38.3 miles | 452 |
| Bancroft, IA | 39.6 miles | 626 |
| Warsaw, MN | 39.6 miles | 560 |
| Kasota, MN | 39.8 miles | 554 |
| Kilkenny, MN | 40.3 miles | 125 |
| Madelia, MN | 40.4 miles | 2,327 |
| Cleveland, MN | 40.5 miles | 563 |
| Manly, IA | 41 miles | 1,320 |
| Claremont, MN | 41.9 miles | 502 |
| St. Peter, MN | 42.2 miles | 12,185 |
| Lyle, MN | 42.6 miles | 504 |
| Brownsdale, MN | 42.9 miles | 850 |
| Waltham, MN | 42.9 miles | 182 |
| Nicollet, MN | 43.3 miles | 957 |
| Grafton, IA | 43.6 miles | 271 |
| Welcome, MN | 44.2 miles | 978 |
| Faribault, MN | 44.5 miles | 24,631 |
| Le Center, MN | 44.5 miles | 2,513 |
| Ventura, IA | 44.5 miles | 733 |
| Britt, IA | 44.7 miles | 1,882 |
| Garner, IA | 44.8 miles | 3,049 |
| Armstrong, IA | 44.8 miles | 703 |
| Burt, IA | 45 miles | 511 |
| Hayfield, MN | 45.1 miles | 1,395 |
| Clear Lake, IA | 45.6 miles | 7,607 |
| Plymouth, IA | 45.8 miles | 407 |
| Rose Creek, MN | 45.9 miles | 429 |
| Lone Rock, IA | 46.9 miles | 106 |
| Wesley, IA | 47.1 miles | 360 |
| Hanska, MN | 47.3 miles | 380 |
| Ceylon, MN | 47.4 miles | 259 |
| St. James, MN | 47.7 miles | 4,767 |
| St. Ansgar, IA | 47.7 miles | 1,206 |