Wells, Minnesota Population 2021

2,135
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Wells is a city located in Faribault County Minnesota. With a 2020 population of 2,135, it is the 253rd largest city in Minnesota and the 7378th largest city in the United States . Wells is currently declining at a rate of -0.79% annually and its population has decreased by -8.88% since the most recent census, which recorded a population of 2,343 in 2010. Wells reached it's highest population of 2,327 in 2010. Spanning over 2 miles, Wells has a population density of 1,092 people per square mile.

The average household income in Wells is $55,274 with a poverty rate of 14.64%. The median rental costs in recent years comes to $604 per month, and the median house value is $83,800. The median age in Wells is 44.1 years, 39.4 years for males, and 46.6 years for females.

Wells Demographics

According to the most recent ACS, the racial composition of Wells was:

  • White: 92.12%
  • Two or more races: 3.94%
  • Asian: 1.50%
  • Other race: 1.37%
  • Native American: 0.68%
  • Black or African American: 0.39%
  • Native Hawaiian or Pacific Islander: 0.00%
The current population of Wells, Minnesota is 2,135 based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 2,186.The last official US Census in 2010 recorded the population at 2,343.

Wells, Minnesota Population 2021

Population by Race

Race Population Percentage
White2,15292.12%
Two or More Races923.94%
Asian351.50%
Some Other Race321.37%
American Indian and Alaska Native160.68%
Black or African American90.39%
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Wells Population by Race

Wells Population Pyramid $2021

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Wells Median Age

44.1


Total

39.4


Male

46.6


Female

Wells Adults

There are 1,733 adults, (515 of whom are seniors) in Wells.

Wells Age Dependency

91.8

Age Dependency Ratio

42.3

Old Age Dependency Ratio

49.5

Child Dependency Ratio

Wells Sex Ratio

Female

1,182

50.60%

Male

1,154

49.40%

Wells Population by Age

Wells Renter vs Owner Occupied by Household Type

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Wells Household Types

Type Owner Renter
Married95%5%
All80%20%
Male69.1%30.9%
Non Family67.7%32.3%
Female64.2%35.8%

80.0%

Rate of Home Ownership

Wells Households and Families

Type Count Average Size Owned
All9972.2980
Married4613.0895
Non Family3721.2267.7
Female1092.5264.2
Male552.5569.1

2.87

Average Family Size

2.29

Average Household Size

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Wells Households by Type

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Education Attained Count Percentage
Less Than 9th Grade1006.23%
9th to 12th Grade1137.04%
High School Graduate53233.13%
Some College37923.60%
Associates Degree17811.08%
Bachelors Degree23314.51%
Graduate Degree714.42%
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Wells Educational Attainment by Sex (over 25)

Wells Educational Attainment by Race

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Race Total High School Bachelors
White1,4491,313291
Hispanic10639
Asian26267
Other Race1818
Native American1666
Black99

The highest rate of high school graduation is among black people with a rate of 100.00%.

The highest rate of bachelors degrees is among native american people with a rate of 37.50%.

Wells Educational Attainment by Race

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Name Average Male Female
Overall$34,615$41,947$23,882
Less Than 9th Grade$21,429$$18,125
High School Graduate$32,536$36,944$19,886
Some College$36,625$43,472$27,639
Bachelors Degree$42,292$53,458$38,036
Graduate Degree$59,583$86,458$54,375

$34,615

Average Earnings

$41,947

Average Male

$23,882

Average Female

Wells Earnings by Educational Attainment

Wells Language by Age

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Wells Language

92.66% of Wells residents speak only English, while 7.34% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 5.63% of the population.

Wells Language

Wells Poverty by Race

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Name Total In Poverty Poverty Rate
White1,90926113.67%
Hispanic2176027.65%
Multiple9288.70%
Other32618.75%
Asian3538.57%

14.64%

Overall Poverty Rate

12.07%

Male Poverty Rate

17.24%

Female Poverty Rate

Poverty in Wells

The race most likely to be in poverty in Wells is Hispanic, with 27.65% below the poverty level.

The race least likely to be in poverty in Wells is Asian, with 8.57% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 2.78%. Among those working part-time, it was 22.59%, and for those that did not work, the poverty rate was 25.33%.

Wells Poverty

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Name Poverty
Less Than 9th Grade28.96%
High School14.20%
Some College12.77%
Bachelors or Greater3.62%

Wells Poverty Rate by Education

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Rate Poverty
Male Unemployed30.00%
Female Unemployed19.15%
Female Employed16.54%
Male Employed3.54%

Wells Poverty Rate by Employment Status and Sex

Wells Income by Household Type

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Name Median Mean
Households$46,205$55,274
Families$60,750$66,749
Married Families$77,917-
Non Families$28,281$34,566
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Income by Household Type

Wells Marital Status

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Marriage Rates

52.3%

Overall Marriage Rate

55.6%

Male Marriage Rate

49.2%

Female Marriage Rate

Wells Married by Age and Sex

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Wells Marriage

The age group where males are most likely to be married is 45-54, while the female age group most likely to be married is 45-54.

Wells Marital Status by Race

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Wells Marital Status

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204

Number of Veterans

180

Male Veterans

24

Female Veterans

War Veterans
Vietnam72
First Gulf War44
Second Gulf War25
Korea18
World War II4

Wells Veterans by War

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Age Group Veterans
35 to 5462
55 to 6451
75+47
65 to 7444
18 to 34

Wells Veterans by Age

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Name Veterans % of Total
White20412.30%
Hispanic54.17%

Wells Veterans by Race

Wells Veterans by Education

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17.65%

Veteran Poverty Rate

41.18%

Veteran Disability Rate

Wells Veterans by Education

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66%

Labor Force Participation

62.8%

Employment Rate

4.9%

Unemployment Rate

Wells Employment by Age

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Wells Employment by Race

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Wells Employment by Education

Origin of Non-Citizens

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Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

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78.64%

Born in Wells

94.18%

Native Born

5.82%

Foreign Born

4.07%

Non Citizen

1.76%

Naturalized

Place of Birth

94.18% of Wells residents were born in the United States, with 78.64% having been born in Minnesota. 4.07% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.

Wells Place of Birth

Year Population Growth Annual Growth Rate
20212,135-17-0.79%
20202,152-17-0.78%
20192,169-17-0.78%
20182,186-5-0.23%
20172,191-16-0.72%
20162,207-23-1.03%
20152,230-22-0.98%
20142,252-2-0.09%
20132,254-17-0.75%
20122,271-53-2.28%
20112,324-3-0.13%
20102,3270.00%

Wells Population by Year