Wells is located in Faribault County, Minnesota. Wells has a 2025 population of 1,600 . Wells is currently growing at a rate of 0.95% annually and its population has increased by 3.69% since the most recent census, which recorded a population of 1,543 in 2020.
The average household income in Wells is $119,335 with a poverty rate of 5.76%. The median age in Wells is 50 years: 47.6 years for males, and 53.5 years for females. For every 100 females there are 115.3 males.
Data after 2023 is projected based on recent change
The racial composition of Wells includes 89.03% White, 6.23% Black or African American, and smaller percentages for Two or more races, other race, Asian, Native American and multiracial populations.
White (89.03%)
Black or African American (6.23%)
Two or more races (2.24%)
Other race (1.62%)
Asian (0.69%)
Native American (0.19%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 1,428 | 89.03% |
| Black or African American | 100 | 6.23% |
| Two or more races | 36 | 2.24% |
| Other race | 26 | 1.62% |
| Asian | 11 | 0.69% |
| Native American | 3 | 0.19% |
Married
Widowed
Divorced
Separated
Never Married
Wells' average per capita income is $52,986. Household income levels show a median of $86,125. The poverty rate stands at 5.76%.
Name | Median | Mean |
|---|---|---|
| Married Families | $121,250 | - |
| Families | $111,250 | $148,176 |
| Households | $86,125 | $119,335 |
| Non Families | $42,455 | $55,410 |
Average Income
Median Household Income
Poverty Rate