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The total population of Wells is estimated to be 774 with 372 males (48.06%) and 402 females (51.94%). There are 30 more females than males in Wells.
The median household income in Wells was $54,496 in 2021, which marked an an increase of 15,835(40.96%) from $38,661 in 2020. This income is 73.05% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Wells sees its highest median household income among householders in the age group of 45 to 64 years old, at $99,760. Overall, the median household income for the town of Wells stands at $54,496.
In Wells, the median income for all workers aged 15 years and older, regardless of work hours, was $40,148 for males and $19,302 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $68,008 for males and $34,454 for females.
In Wells, population is primarily represented by White households, reporting a median income of $58,099.
In 2022, the population of Wells was 880, a 0.92% increase year-by-year from 2021. Previously, in 2021, Wells's population was 872, an increase of 1.87% compared to a population of 856 in 2020.
The median age in Wells, TX is 30.7, as per 2021 ACS 5-Year Estimates. Of the total population, 33.53% were under the age of 15, 14.05% aged 15 to 29, 39.20% aged 30 to 64, 10.98% aged 65 to 84, and 2.24% were 85 years of age and older.
Racial distribution of Wells population: 73.67% are White, 12.87% are Black or African American, 4.01% are some other race and 9.45% are multiracial.