Wells County, Indiana

Income Data

+2% vs. Indiana average
$69,741
Median Household Income
$35,280
Per Capita Income

At a Glance

Median Household Income
$69,741
+2% vs. state avg
Per Capita Income
$35,280
-11% vs. national
Income-to-Housing Ratio
38.7%
income as % of home value
Rank in Indiana
#35 / 92
by median household income

How Wells County Compares

Wells County$69,741
Indiana Average$68,681
National Median$74,755

Detailed Income Statistics

$69,741
Median Household Income
$35,280
Per Capita Income
$180,000
Median Home Value
38.7%
Income-to-Housing Ratio

Data Story

About Household Income in Wells County, Indiana

Wells County nearly matches national income

Wells County's median household income of $69,741 comes within $5,014 of the national median of $74,755, placing it solidly in the middle tier of American counties. This performance reflects a stable, working-class economy comparable to the national average. Wells County residents earn more than most Indiana counties, suggesting stronger local job markets.

Above Indiana's median household income

Wells County ranks above Indiana's state average median household income of $68,681, earning $1,060 more per household annually. The county's per capita income of $35,280 also exceeds the state average of $34,773, indicating a slightly more prosperous local economy. This positions Wells among Indiana's stronger-performing counties.

Wells leads nearby counties in earnings

Wells County's $69,741 median household income outpaces Wayne County by $13,089 and White County by $3,598, making it the strongest performer among its immediate neighbors. Only Whitley County to the north surpasses Wells with $75,790, a difference of just $6,049. These earnings patterns suggest Wells has maintained a more resilient employment base than adjacent regions.

Rent remains affordable; housing costs reasonable

Wells County's rent-to-income ratio of 14.4% is excellent and well below the 30% affordability threshold, giving renters comfortable financial breathing room. The median home value of $180,000 is accessible for many families earning the county median, though mortgage costs will vary with down payment and credit profile. Overall, housing costs pose minimal financial stress for typical Wells County households.

Invest in long-term wealth at Wells County income

With a median household income of $69,741, Wells County residents are positioned to build wealth through diversified investments and property ownership. Consider maxing out retirement account contributions, exploring index funds, and building home equity as core wealth strategies. Wells County's stable economy makes this an opportune time to invest in financial growth and generational wealth.

Frequently Asked Questions

What is the median household income in Wells County, Indiana?
The median household income in Wells County, Indiana is $69,741, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Wells County?
The per capita income in Wells County is $35,280, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $69,741.
How does Wells County compare to the Indiana average?
Wells County's median household income of $69,741 is higher than the Indiana state average of $68,681. The per capita income is $35,280, compared to the state average of $34,773.
What is the per capita income in Wells County, Indiana?
The per capita income in Wells County, Indiana is $35,280, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Wells County income higher than the Indiana average?
Wells County's median household income of $69,741 is higher than the Indiana average of $68,681. This difference of $1,060 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Wells County rank for income in Indiana?
Wells County ranks #35 out of 92 counties in Indiana by median household income (1 = highest). With a median household income of $69,741 and per capita income of $35,280, it falls in the middle third of counties statewide.

Income Comparison Calculator

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County median: $69,741 per year

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vs. State Average

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vs. National Median

-7%

vs. Wells County MedianAbout equal
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vs. National Median7% below

Income Adequacy

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Your monthly income ($5,812) vs. median rent ($837/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.