Wells, Texas: commercial real estate data.
Wells is a Census town of 484 people across 1.92 square miles of land, in Cherokee County. 45.4 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $255,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Wells
What Wells is
- Census place typetown
- Land area1.92 sq mi
- Water area0 sq mi
- Population per square mile of land253 plus or minus 84
- County holding the largest share of its areaCherokee County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wells
How many people live in Wells
- Population484 plus or minus 161
- Median age31.1 plus or minus 10.4
- Population under 18153 plus or minus 78
- Share under 1831.6 percent plus or minus 12.1
- Population 65 and over133 plus or minus 67
- Share 65 and over27.5 percent plus or minus 10.4
- Households216 plus or minus 68
- Family households129 plus or minus 64
- Share of households that are families59.7 percent plus or minus 22.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wells
Income and work in Wells
- Per capita income$22,944 plus or minus $10,273
- Civilian labor force110 plus or minus 59
- Employed108 plus or minus 59
- Unemployed2 plus or minus 5
- Unemployment rate1.8 percent plus or minus 4.4
- Adults 25 and over288 plus or minus 82
- Adults 25 and over with a high school diploma or higher68.1 percent plus or minus 16.5
- Adults 25 and over with a bachelor degree or higher4.5 percent plus or minus 6.5
- Adults 25 and over with a graduate degree1.4 percent plus or minus 5.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wells
Housing in Wells
- Housing units292 plus or minus 65
- Occupied units216 plus or minus 68
- Vacant units76 plus or minus 36
- Vacancy rate26.0 percent plus or minus 10.9
- Owner occupied98 plus or minus 51
- Renter occupied118 plus or minus 59
- Ownership rate45.4 percent plus or minus 18.8
- Median owner-occupied home value$140,600 plus or minus $82,289
- Median gross rent, monthly$510 plus or minus $424
- Single family units177 plus or minus 53
- Share single family60.6 percent plus or minus 12.3
- Units in buildings of two or more78 plus or minus 56
- Share in buildings of two or more26.7 percent plus or minus 18.4
- Mobile homes37 plus or minus 31
- Median year structure built1970
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wells
How Wells gets to work
- Workers 16 and over who commute100 plus or minus 59
- Commuting under 15 minutes24 plus or minus 36
- Share commuting under 15 minutes24.0 percent plus or minus 32.7
- Commuting 30 minutes or more44 plus or minus 40
- Share commuting 30 minutes or more44.0 percent plus or minus 30.3
- Drove alone94.0 percent plus or minus 22.9
- Carpooled6.0 percent plus or minus 11.5
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home0.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wells
SBA loans in Wells (7(a))
- Approvals2
- Gross approval$255,000
- Average approval$127,500
- Median approval$127,500
- Largest approval$165,000
- Jobs supported13
- Jobs per approval6.5
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term72 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS2
Counted by borrower city: approvals to borrowers whose address is in Wells, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Wells
Flood risk in Wells
- NFIP communityCity of Wells
- NFIP community number480741
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date01/06/11(M)
The City of Wells participates in the National Flood Insurance Program as community 480741 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Cherokee County, not Wells
Cherokee County context, not Wells figures
- Establishments in Cherokee County840
- Covered employment, Cherokee County14,922
- Average annual pay, Cherokee County$51,098
- Housing units permitted, Cherokee County21
Every figure in this section is published for Cherokee County as a whole and is not a measurement of Wells.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Wells questions, answered from the record.
How many people live in Wells, Texas?
484, in 216 households. Wells town covers 1.92 square miles of land, which is 253 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Wells in?
Cherokee County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
How much SBA lending goes to Wells businesses?
2 7(a) approvals totaling $255,000 since FY2020, across 1 lenders, median approval $127,500. These count approvals to borrowers whose address is in Wells, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Wells borrowers get paid back?
No rate is published for Wells. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Wells in the National Flood Insurance Program?
Yes. Wells appears in the FEMA Community Status Book as Wells, city of, community 480741, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Wells figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Cherokee County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Wells.
Is zoning published for Wells?
No. Nothing on this page presents parcel level zoning.
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