Wells, NV
Population 1,184 · Nevada
About Wells, NV
Wells is a small town located in Nevada with a population of 1,184 residents according to the latest US Census Bureau American Community Survey data. The median household income is $75,962 per year, which is 1% above the national median of $75,149. The median age of 38.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Wells features a median home value of $213,500, which is 13% below the national median of $244,900. This positions Wells in a moderately priced market relative to the rest of the country. Median monthly rent is $977, 16% below the national average of $1,163/month. Of the 484 total housing units, 65% are owner-occupied (223 units) and 35% are renter-occupied (121 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Wells shows an unemployment rate of 2.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 30.2%, above the national average of 12.4%. Workers in Wells have an average one-way commute time of 24.6 minutes.
Education & Demographics
10.4% of Wells 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 29.7% White, 12.8% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 6.8% of the population being foreign-born.
How Wells Ranks in Nevada
Cost of Living in Wells, NV
Compared to national averages, Wells has a median household income of $75,962 (1% above the national median of $75,149). Home values average $213,500, which is 13% below the national median. Monthly rent at $977 is 16% below the US average of $1,163. Within Nevada, Wells's income is 7% below the state average of $81,841, and home values are 51% below the state median of $433,389.
Why Live in Wells, NV?
Wells offers a strong local economy with a median household income of $75,962, well above the national average, and affordable housing with a median home value of $213,500, below the US average of $244,900, and rent that’s lower than the national average at $977/month. Additionally, the city features a strong job market with an unemployment rate of just 2.5%, and short commute times averaging just 24.6 minutes.
Wells has a population of 1,184 with a median age of 38.2 years. Compare Wells with other cities to see how it stacks up, or explore all cities in Nevada.
Similar Cities Near Wells
Cities in Nevada with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Golden Valley | 1,184 | $102,757 | $514,700 | Compare |
| Pioche | 1,213 | $76,194 | $196,800 | Compare |
| Grass Valley | 1,216 | $95,852 | $116,400 | Compare |
| Genoa | 1,231 | $125,952 | $1,040,700 | Compare |
| Bunkerville | 1,119 | $149,327 | $320,000 | Compare |
| Fallon Station | 1,250 | $0 | $0 | Compare |
| Panaca | 1,272 | $61,935 | $277,800 | Compare |
| Round Hill Village | 1,069 | $189,038 | $1,215,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Nevada
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Wells With Other Cities
Frequently Asked Questions about Wells
What is the population of Wells, NV?
The population of Wells, NV is 1,184 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Nevada.
What is the median household income in Wells?
The median household income in Wells, NV is $75,962 per year, which is 1% above the national median of $75,149.
What is the median home value in Wells?
The median home value in Wells, NV is $213,500, which is 13% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Wells?
The median monthly rent in Wells, NV is $977, which is 16% below the national average of $1,163/month.
What is the unemployment rate in Wells?
The unemployment rate in Wells, NV is 2.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Wells, NV a good place to live?
Wells offers above-average incomes, affordable housing, and a strong job market. With a population of 1,184 and a median age of 38.2, the city appeals to a broad range of residents.
How educated is Wells, NV?
10.4% of residents in Wells 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 Wells?
Key cost-of-living indicators for Wells, NV: median home value is $213,500 (13% below national), median rent is $977/month, and median household income is $75,962. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Wells?
The poverty rate in Wells, NV is 30.2%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Wells, NV?
Wells's population is 29.7% White, 12.8% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 3.4% two or more races. 6.8% of residents are foreign-born.