Wells vs Minnesota Lake
Side-by-side comparison
How does Wells, MN compare to Minnesota Lake, MN? Wells has a population of 2,317 with a median household income of $58,663, while Minnesota Lake has 621 residents and a median income of $62,875. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Wells, MN | Minnesota Lake, MN | Difference |
|---|---|---|---|
| Population | 2,317 | 621 | +273.1% |
| Median Age | 41.8 | 45.5 | -8.1% |
| Foreign Born % | 1.3% | 0% | +130.0% |
| Metric | Wells | Minnesota Lake | Difference |
|---|---|---|---|
| Median Income | $58,663 | $62,875 | -6.7% |
| Unemployment | 3.9% | 3.9% | 0.0% |
| Poverty Rate | 11.1% | 12.1% | -8.3% |
| Bachelor's+ | 19.8% | 18.7% | +5.9% |
| Metric | Wells | Minnesota Lake | Difference |
|---|---|---|---|
| Home Value | $93,200 | $126,600 | -26.4% |
| Median Rent | $699/mo | $950/mo | -26.4% |
| Housing Units | 1,198 | 312 | +284.0% |