HomeVermontRutland CountyWells
Wells, Vermont: commercial real estate data.
Wells is a Census CDP of 308 people across 0.79 square miles of land, in Rutland County. Median household income is $74,375, 94.2 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $555,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Wells
What Wells is
- Census place typeCDP
- Land area0.79 sq mi
- Water area0.01 sq mi
- Population per square mile of land389 plus or minus 154
- County holding the largest share of its areaRutland 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
- Population308 plus or minus 122
- Median age55.2
- Population under 1818 plus or minus 20
- Share under 185.8 percent plus or minus 6.2
- Population 65 and over86 plus or minus 38
- Share 65 and over27.9 percent
- Households138 plus or minus 48
- Family households98 plus or minus 43
- Share of households that are families71.0 percent plus or minus 19.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wells
Income and work in Wells
- Median household income$74,375 plus or minus $28,589
- Per capita income$49,271
- Civilian labor force190 plus or minus 101
- Employed190 plus or minus 101
- Unemployed0
- Unemployment rate0.0 percent
- Adults 25 and over266 plus or minus 99
- Adults 25 and over with a high school diploma or higher96.6 percent plus or minus 46.2
- Adults 25 and over with a bachelor degree or higher13.5 percent plus or minus 8.1
- Adults 25 and over with a graduate degree5.3 percent plus or minus 6.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wells
Housing in Wells
- Housing units250 plus or minus 68
- Occupied units138 plus or minus 48
- Vacant units112 plus or minus 59
- Vacancy rate44.8 percent plus or minus 20.2
- Owner occupied130 plus or minus 49
- Renter occupied8 plus or minus 10
- Ownership rate94.2 percent
- Median owner-occupied home value$194,000 plus or minus $69,949
- Single family units238 plus or minus 67
- Share single family95.2 percent
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes12 plus or minus 14
- Median year structure built1973
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 commute176 plus or minus 92
- Commuting under 15 minutes14 plus or minus 16
- Share commuting under 15 minutes8.0 percent plus or minus 7.9
- Commuting 30 minutes or more129 plus or minus 70
- Share commuting 30 minutes or more73.3 percent
- Drove alone90.0 percent
- Carpooled2.6 percent plus or minus 4.0
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home7.4 percent plus or minus 6.9
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$555,000
- Average approval$277,500
- Median approval$277,500
- Largest approval$530,000
- Jobs supported10
- Jobs per approval5.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term210 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
Counted by borrower city: approvals to borrowers whose address is in Wells, in any county, FY2020 to FY2026. Only 1 loan has 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 communityTown of Wells
- NFIP community number500271
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date08/28/08
The Town of Wells participates in the National Flood Insurance Program as community 500271 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.
Rutland County, not Wells
Rutland County context, not Wells figures
- Establishments in Rutland County1,945
- Covered employment, Rutland County25,313
- Average annual pay, Rutland County$58,753
- Housing units permitted, Rutland County135
Every figure in this section is published for Rutland 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, Vermont?
308, in 138 households. Wells CDP covers 0.79 square miles of land, which is 389 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?
Rutland County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Wells?
$74,375. The median owner-occupied home is valued at $194,000. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Wells businesses?
2 7(a) approvals totaling $555,000 since FY2020, across 2 lenders, median approval $277,500. 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 1 loan has 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, town of, community 500271, 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 Rutland 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.