Wells

County:: Faribault County
County Seat:: No
Area (mi²):: 2.087
State:: Minnesota

Wells is a city located in Faribault County, Minnesota. Wells has a 2025 population of 2,393. Wells is currently declining at a rate of -0.08% annually and its population has decreased by -0.5% since the most recent census, which recorded a population of 2,405 in 2020.

The average household income in Wells is $67,281 with a poverty rate of 11.05%.The median age in Wells is 41.8 years: 39.9 years for males, and 49.5 years for females.

Demographics

The racial composition of Wells includes 90.12% White, and smaller percentages for Black or African American, other race, Asian, Native American and multiracial populations.

Population by Race

Race	Population	Percentage (of total)
White	2,088	90.12%
Two or more races	141	6.09%
Black or African American	30	1.29%
Other race	25	1.08%
Asian	18	0.78%
Native American	15	0.65%

Wells Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Wells' average per capita income is $40,938. Household income levels show a median of $58,663. The poverty rate stands at 11.05%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$73,611	-
Families	$61,925	$75,410
Households	$58,663	$67,281
Non Families	$40,599	$49,194

$40,938

Average Income

$58,663

Median Household Income

11.05%

Poverty Rate