Wells is a medium-sized coastal town (i.e. on the ocean, a bay, or inlet) located in the state of Maine. With a population of 11,855 people and four associated neighborhoods, Wells is the 19th largest community in Maine. Much of the housing stock in Wells was built relatively recently. The construction of new real estate can often be taken as an indication that the local Wells economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Wells, where the median household income is $83,900.00.
Wells home prices are not only among the most expensive in Maine, but Wells real estate also consistently ranks among the most expensive in America.
Also of interest is that Wells has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 18.02% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Another notable thing is that Wells is an extremely popular destination for tourists and seasonal residents. So much of the population is seasonal such that the town’s population swells significantly during the vacation season, and drops again when the season ends. Because of this, much of the local economy is centered around tourism; some businesses may be operated only during the high season. During the low season, year-round residents will notice that the city is a substantially quieter place to live.
Residents will find that the town is relatively quiet. This is because it is not over-populated, and it has fewer college students, renters, and young children - all of whom can be noisy at times. So, if you're looking for a relatively peaceful place to live, Wells is worth considering.
One of the nice things about Wells is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.
The population of Wells is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 37.75% of adults in Wells have a bachelor's degree or even advanced degree.
The per capita income in Wells in 2022 was $44,553, which is upper middle income relative to Maine and the nation. This equates to an annual income of $178,212 for a family of four. However, Wells contains both very wealthy and poor people as well.
The people who call Wells home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Wells residents report their race to be White, followed by Black or African-American. Important ancestries of people in Wells include Irish, English, French, Italian, and French Canadian.
The most common language spoken in Wells is English. Other important languages spoken here include Polish and French.