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, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

White

Two or more races

Black or African American

Other race

Asian

Native American

Native Hawaiian or Pacific Islander

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%
Native Hawaiian or Pacific Islander	0	0%

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