Lets Cut To The Chase: Wells, MN

The average family size in Wells, MN is 2.87 family members members, with 80% being the owner of their very own dwellings. The average home cost is $78984. For individuals paying rent, they spend an average of $604 monthly. 55.7% of families have two incomes, and the average household income of $46205. Median individual income is $27647. 14.6% of residents are living at or below the poverty line, and 15.4% are considered disabled. 11.8% of inhabitants are former members regarding the military.

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The labor pool participation rate in Wells is 66%, with an unemployment rate of 4.9%. For the people when you look at the work force, the typical commute time is 21.1 minutes. 4.4% of Wells’s population have a masters diploma, and 14.5% have a bachelors degree. For those without a college degree, 34.7% attended some college, 33.1% have a high school diploma, and only 13.3% possess an education not as much as twelfth grade. 5.2% are not included in medical health insurance.