Wells is a city located in Faribault County, Minnesota. Wells has a 2025 population of 2,399 . Wells is currently declining at a rate of -0.08% annually and its population has decreased by -0.33% since the most recent census, which recorded a population of 2,407 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. For every 100 females there are 115.7 males.
Data after 2023 is projected based on recent change
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.
White (90.12%)
Two or more races (6.09%)
Black or African American (1.29%)
Other race (1.08%)
Asian (0.78%)
Native American (0.65%)
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% |
Married
Widowed
Divorced
Separated
Never Married
Wells' average per capita income is $40,938. Household income levels show a median of $58,663. The poverty rate stands at 11.05%.
Name | Median | Mean |
|---|---|---|
| Married Families | $73,611 | - |
| Families | $61,925 | $75,410 |
| Households | $58,663 | $67,281 |
| Non Families | $40,599 | $49,194 |
Average Income
Median Household Income
Poverty Rate