Living in Wells River, Vermont

Cost of living, income, home prices, rent and demographics of Wells River · Census data 2020–2024

Wells River has 340 residents with a median age of 42.7. The median household income is $38,688 (52% lower than the Vermont median), the median home value is $170,800, the median rent is $900/month.

Wells River is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Wells River at a glance

Population
340
Median age
42.7State: 43.1
Median household income
$38,688State: $81,203
Median home value
$170,800State: $316,600
Median rent
$900/moState: $1,234
Homeowners
47.9%
Bachelor's degree or higher
16.3%
Average commute
34 min

Is Wells River a good place to live?

Pros: Home values 46% lower than the state median.

Cons: Median household income 52% lower than the Vermont median; an average commute of 34 minutes; unemployment of 9.2%; a poverty rate of 38.8%.

The weather is best in June to September.

Cost of living in Wells River

Housing is the biggest part of the cost of living. In Wells River the median home value is $170,800, 49% lower than the U.S. median. Renters pay a median of $900 per month, which is 29.4% of household income. Homeowners with a mortgage pay $1,390 a month in housing costs.

Median home value

Wells River$170,800
Vermont$316,600
United States$332,700

Median monthly rent

Wells River$900
Vermont$1,234
United States$1,413

Wells River median household income

The median household income in Wells River is $38,688 and the income per person is $24,371. 38.8% of residents live below the poverty line (Vermont: 10.1%).

Median household income

Wells River$38,688
Vermont$81,203
United States$80,734

Housing in Wells River: homes for sale and rent

Housing units
198
Owner-occupied
47.9%
Renter-occupied
52.1%
Vacant
17.7%Includes seasonal homes
Median year built
1938
Average household size
2.09

Wells River demographics

Population
340
Median age
42.7
Under 18
17.1%
65 and older
19.4%
Households
163
Foreign-born
6.5%
Veterans
3.5%Adults 18+

Race and ethnicity

White82.9%
Hispanic or Latino2.9%
Black0%
Asian4.4%

Hispanic or Latino can be of any race. Population history of Wells River ›

Education in Wells River

16.3% of adults 25 and older in Wells River have a bachelor's degree or higher (Vermont: 43.8%), and 1.2% have a graduate or professional degree.

Bachelor's degree or higher

Wells River16.3%
Vermont43.8%
United States35.7%

Jobs and commute in Wells River

Unemployment rate
9.2%State: 3.6%
Average commute
34 minState: 24 min
Work from home
5.2%
Drive alone
76.7%
Public transit
5.2%
Walk to work
7.8%
Homes with broadband
88.3%

Wells River vs nearby towns

TownPopulationMedian incomeHome valueRent
Wells River340$38,688$170,800$900
Woodsville1,422$57,946$228,000$1,119
Bath1,097$67,813$234,400$1,438
North Haverhill728$58,631$237,700—
Ryegate1,059$66,484$219,300$908
Newbury393$76,250$275,900$1,259
Mountain Lakes354$35,603$264,800—
Haverhill4,611$85,929$247,900$1,115
Topsham999$72,308$222,900$908

More for people moving to Wells River

Wells River ZIP code ›Weather and climate ›

Living in Wells River: FAQ

What is the median household income in Wells River, VT?

The median household income in Wells River is $38,688, 52% lower than the Vermont median of $81,203 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Wells River?

The median home value in Wells River is $170,800, compared with $316,600 in Vermont.

How much is rent in Wells River?

The median gross rent in Wells River is $900 per month, about 29.4% of household income.

Is Wells River, VT a good place to live?

Pluses: home values 46% lower than the state median. Minuses: median household income 52% lower than the Vermont median; an average commute of 34 minutes; unemployment of 9.2%; a poverty rate of 38.8%.

What is the median age in Wells River?

The median age in Wells River is 42.7 years (Vermont: 43.1).

How long is the commute in Wells River?

The average commute to work in Wells River is 34 minutes; 5.2% of workers work from home.

What is the unemployment rate in Wells River?

The unemployment rate in Wells River is 9.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Wells River?

16.3% of adults in Wells River 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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