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.
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 (89.0%)
Black or African American (6.2%)
Two or more races (2.2%)
Other race (1.6%)
Asian (0.7%)
Native American (0.2%)
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