Wells, Vermont Demographics & Population 2026
During the 2020–2024 ACS period, Wells, Vermont had a total population of 308, the 106th largest community in Vermont, with a median household income of $74,375, which is 8% lower than the state average. The poverty rate is 6.3%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Wells Quick Facts
How Wells Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 423 | 308 | -27.2% |
| Median household income | $73,750 | $74,375 | +0.8% |
| Median home value | $198,400 | $194,000 | -2.2% |
How Wells Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 19 | National average: 61
Education
Educational Attainment (Adults 25+)
Wells Rankings in Vermont
Explore Vermont Rankings
Other Cities in Rutland County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Rutland | 15,712 | $57,675 | 15.3% | $185,500 |
| Fair Haven | 2,537 | $66,131 | 16.3% | $174,700 |
| West Rutland | 2,125 | $53,393 | 7.0% | $194,200 |
| Brandon | 1,927 | $59,087 | 11.9% | $237,500 |
| Proctor | 1,586 | $75,060 | 10.0% | $206,000 |
| Castleton | 1,052 | N/A | 20.4% | $436,800 |
| Poultney | 1,033 | $70,536 | 11.4% | $196,600 |
| Pittsford | 891 | $51,094 | 8.0% | $158,900 |
| Castleton Four Corners | 732 | N/A | 12.9% | $159,300 |
| Wallingford | 643 | $80,714 | 0.0% | $239,000 |
Cities Similar to Wells
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Lyndon Center | 291 | N/A | N/A | 50.6% | 0.0% |
| North Pownal | 308 | $83,917 | $205,000 | 57.1% | 0.0% |
| Bakersfield | 340 | $76,667 | $230,600 | 36.8% | 2.1% |
| Waterbury Center | 273 | N/A | $298,100 | 68.8% | 8.8% |
| Canaan | 293 | $60,263 | $121,500 | 10.9% | 7.5% |
A note before these figures: with a population of 308, Wells's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Wells is a small community located in Vermont, within Rutland County. The total population is 308. It ranks as the 106th most populous out of 179 Census-designated places in Vermont.
Age Demographics
The median age in Wells is 55.2 years. This is 28% higher than the state median of 43.1 years. Only 5.8% of residents are under 18, indicating fewer families with children.
Economy, Income & Housing
The median household income in Wells is $74,375. This is 8% lower than the state median of $81,203. It is also 8% lower than the national median of $80,734. The poverty rate stands at 6.3%. This is 38% lower than the state poverty rate of 10.1%. The survey records no unemployed residents in Wells, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $194,000. Housing costs are 39% lower than the state median of $316,600. With a home-value-to-income ratio of just 2.6x, Wells is one of the most affordable housing markets in the area. 94.2% of occupied housing units are owner-occupied. This homeownership rate is 29% higher than the state average of 73.2%.
Race & Ethnicity
The largest racial or ethnic group in Wells is White (non-Hispanic), making up 81.8% of the population.
Education
13.5% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 69% lower than the state rate of 43.8%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.6%.
Data Sources & Methodology
All demographic data for Wells, Vermont is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Vermont state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 179 Census-designated places in Vermont. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
Free data download: Get all Vermont city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Wells, Vermont?
Wells, Vermont has a population of 308 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Wells, VT?
The median household income in Wells is $74,375, which is 8% lower than the national median of $80,734.
What is the poverty rate in Wells, VT?
The poverty rate in Wells is 6.3%. This means approximately 19 residents live below the federal poverty line.
What is the racial makeup of Wells, Vermont?
Wells's population is 81.8% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Wells, VT?
The median home value in Wells is $194,000. The home-value-to-income ratio is 2.6x.
How educated is Wells, Vermont?
13.5% of adults (25+) in Wells hold a bachelor's degree or higher, and 5.3% hold a graduate or professional degree.