Wellsboro, IN
Population 532 · Indiana
About Wellsboro, IN
Wellsboro is a small community located in Indiana with a population of 532 residents according to the latest US Census Bureau American Community Survey data. The median household income is $148,750 per year, which is 98% above the national median of $75,149. The median age of 54.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Wellsboro features a median home value of $118,900, which is 51% below the national median of $244,900. This makes Wellsboro one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 210 total housing units, 100% are owner-occupied (210 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Wellsboro shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Wellsboro have an average one-way commute time of 47.3 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
2.5% of Wellsboro residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Wellsboro Ranks in Indiana
Cost of Living in Wellsboro, IN
Compared to national averages, Wellsboro has a median household income of $148,750 (98% above the national median of $75,149). Home values average $118,900, which is 51% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Wellsboro's income is 115% above the state average of $69,330, and home values are 27% below the state median of $163,409.
Why Live in Wellsboro, IN?
Wellsboro offers a strong local economy with a median household income of $148,750, well above the national average, and affordable housing with a median home value of $118,900, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 0.0%, better than the national average.
Wellsboro has a population of 532 with a median age of 54.6 years. Compare Wellsboro with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Wellsboro
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Laketon | 532 | $78,750 | $196,700 | Compare |
| Lake Village | 533 | $0 | $152,700 | Compare |
| Lakewood | 530 | $107,574 | $269,400 | Compare |
| Etna Green | 535 | $64,342 | $111,000 | Compare |
| Belleville | 536 | $71,484 | $219,200 | Compare |
| Burlington | 527 | $69,286 | $134,700 | Compare |
| Linden | 526 | $60,714 | $113,300 | Compare |
| Troy | 539 | $50,000 | $95,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Wellsboro With Other Cities
Frequently Asked Questions about Wellsboro
What is the population of Wellsboro, IN?
The population of Wellsboro, IN is 532 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Indiana.
What is the median household income in Wellsboro?
The median household income in Wellsboro, IN is $148,750 per year, which is 98% above the national median of $75,149.
What is the median home value in Wellsboro?
The median home value in Wellsboro, IN is $118,900, which is 51% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Wellsboro?
The median monthly rent in Wellsboro, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Wellsboro?
The unemployment rate in Wellsboro, IN is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Wellsboro, IN a good place to live?
Wellsboro offers above-average incomes, affordable housing, and a strong job market. With a population of 532 and a median age of 54.6, the city appeals to established professionals and retirees.
How educated is Wellsboro, IN?
2.5% of residents in Wellsboro aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Wellsboro?
Key cost-of-living indicators for Wellsboro, IN: median home value is $118,900 (51% below national), median rent is $0/month, and median household income is $148,750. The home-value-to-income ratio is 0.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Wellsboro?
The poverty rate in Wellsboro, IN is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Wellsboro, IN?
Wellsboro's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.