Wells, TX
Population 741 · Texas
About Wells, TX
Wells is a small community in Texas with a population of 741 residents. The median household income is $64,250 per year, which is near the national average. The median age in Wells is 30.6 years.
Housing in Wells has a median home value of $100,000 and median monthly rent of $772. Of the 311 total housing units, the majority are owner-occupied, with 138 owner-occupied and 97 renter-occupied units.
The unemployment rate in Wells is 1.4% and the poverty rate is 36.2%. 2.7% of residents hold a bachelor's degree or higher. The average commute time is 20.8 minutes.
Cost of Living in Wells, TX
Compared to national averages, Wells has a median household income of $64,250 (15% below the national median of $75,149). Home values average $100,000, which is 59% below the national median. Monthly rent at $772 is 34% below the US average of $1,163. Within Texas, Wells's income is 12% below the state average of $72,726, and home values are 53% below the state median of $211,769.
Why Live in Wells, TX?
Wells offers affordable housing with a median home value of $100,000, below the US average of $244,900, and rent that’s lower than the national average at $772/month, and a strong job market with an unemployment rate of just 1.4%. Additionally, the city features short commute times averaging just 20.8 minutes.
Potential considerations include median household income ($64,250) that falls below the national average. However, Wells’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wells has a population of 741 with a median age of 30.6 years. Compare Wells with other cities to see how it stacks up, or explore all cities in Texas.
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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, TX?
The population of Wells, TX is 741 according to the latest Census data.
What is the median household income in Wells?
The median household income in Wells, TX is $64,250 per year.
What is the median home value in Wells?
The median home value in Wells, TX is $100,000.
What is the average rent in Wells?
The median monthly rent in Wells, TX is $772.
What is the unemployment rate in Wells?
The unemployment rate in Wells, TX is 1.4%.