Living in Wells, Nevada
Cost of living, income, home prices, rent and demographics of Wells · Census data 2020–2024
Wells has 1,352 residents with a median age of 36.7. The median household income is $107,454 (37% higher than the Nevada median), the median home value is $205,300, the median rent is $976/month.
Wells is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Wells at a glance
- Population
- 1,352
- Median age
- 36.7State: 39.1
- Median household income
- $107,454State: $78,260
- Median home value
- $205,300State: $435,400
- Median rent
- $976/moState: $1,597
- Homeowners
- 65.9%
- Bachelor's degree or higher
- 9.9%
- Average commute
- 37 min
Is Wells a good place to live?
Pros: Median household income 37% higher than the Nevada median; home values 53% lower than the state median; unemployment of 5.5%.
Cons: An average commute of 37 minutes; a poverty rate of 21.3%.
The weather is best in June to September.
Cost of living in Wells
Housing is the biggest part of the cost of living. In Wells the median home value is $205,300, 38% lower than the U.S. median. Renters pay a median of $976 per month, which is 17.7% of household income. Homeowners with a mortgage pay $1,380 a month in housing costs.
Wells median household income
The median household income in Wells is $107,454 and the income per person is $28,251. 21.3% of residents live below the poverty line (Nevada: 12.4%).
Housing in Wells: homes for sale and rent
- Housing units
- 515
- Owner-occupied
- 65.9%
- Renter-occupied
- 34.1%
- Vacant
- 26%Includes seasonal homes
- Median year built
- 1982
- Average household size
- 3.51
Wells demographics
- Population
- 1,352
- Median age
- 36.7
- Under 18
- 28%
- 65 and older
- 5%
- Households
- 381
- Foreign-born
- 6%
- Veterans
- 4.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Wells ›
Education in Wells
9.9% of adults 25 and older in Wells have a bachelor's degree or higher (Nevada: 27.9%), and 1.7% have a graduate or professional degree.
Jobs and commute in Wells
- Unemployment rate
- 5.5%State: 7%
- Average commute
- 37 minState: 25 min
- Work from home
- 6.1%
- Drive alone
- 74.1%
- Public transit
- 0.3%
- Walk to work
- 1.2%
- Homes with broadband
- 94.2%
Wells vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Wells | 1,352 | $107,454 | $205,300 | $976 |
| Osino | 1,341 | $92,756 | $106,300 | — |
| Spring Creek | 14,739 | $105,154 | $360,600 | $1,386 |
| Elko | 20,696 | $79,036 | $309,100 | $1,267 |
More for people moving to Wells
Wells ZIP code ›Weather and climate ›Living in Wells: FAQ
What is the median household income in Wells, NV?
The median household income in Wells is $107,454, 37% higher than the Nevada median of $78,260 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Wells?
The median home value in Wells is $205,300, compared with $435,400 in Nevada.
How much is rent in Wells?
The median gross rent in Wells is $976 per month, about 17.7% of household income.
Is Wells, NV a good place to live?
Pluses: median household income 37% higher than the Nevada median; home values 53% lower than the state median; unemployment of 5.5%. Minuses: an average commute of 37 minutes; a poverty rate of 21.3%.
What is the median age in Wells?
The median age in Wells is 36.7 years (Nevada: 39.1).
How long is the commute in Wells?
The average commute to work in Wells is 37 minutes; 6.1% of workers work from home.
What is the unemployment rate in Wells?
The unemployment rate in Wells is 5.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Wells?
9.9% of adults in Wells have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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