Wells, NY
Population 597 · New York
About Wells, NY
Wells is a small community in New York with a population of 597 residents. The median household income is $78,047 per year, which is above the national average. The median age in Wells is 54.3 years.
Housing in Wells has a median home value of $252,900 and median monthly rent of $763. Of the 518 total housing units, the majority are owner-occupied, with 170 owner-occupied and 21 renter-occupied units.
The unemployment rate in Wells is 12.0% and the poverty rate is 4.2%. 17.3% of residents hold a bachelor's degree or higher. The average commute time is 37.3 minutes.
Cost of Living in Wells, NY
Compared to national averages, Wells has a median household income of $78,047 (4% above the national median of $75,149). Home values average $252,900, which is 3% above the national median. Monthly rent at $763 is 34% below the US average of $1,163. Within New York, Wells's income is 20% below the state average of $96,987, and home values are 35% below the state median of $387,181.
Why Live in Wells, NY?
Wells offers a strong local economy with a median household income of $78,047, well above the national average, and rent that’s lower than the national average at $763/month, and a low poverty rate of 4.2%, better than the national average.
Wells has a population of 597 with a median age of 54.3 years. Compare Wells with other cities to see how it stacks up, or explore all cities in New York.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Wells
What is the population of Wells, NY?
The population of Wells, NY is 597 according to the latest Census data.
What is the median household income in Wells?
The median household income in Wells, NY is $78,047 per year.
What is the median home value in Wells?
The median home value in Wells, NY is $252,900.
What is the average rent in Wells?
The median monthly rent in Wells, NY is $763.
What is the unemployment rate in Wells?
The unemployment rate in Wells, NY is 12.0%.