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ZipNumbers

New York · Census place 79048

Wells CDP, NY

Quick answer

Wells CDP has 597 residents, ranking #1010 of 1292 places in New York. Median household income is $78,047, the median home is worth $252,900 and median gross rent runs $763 a month.

Population
597Wells CDP residents
Median household income
$78,047Past 12 months, inflation adjusted
Median home value
$252,900Owner-occupied units
Median gross rent
$763Rent plus utilities, monthly
Median age
54.3 yrsAll residents
Homeownership rate
89%Owner-occupied households

What the numbers mean in Wells CDP

Housing cost measured against local earnings.

A household earning the Wells CDP median would spend about 11.7% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.2% of residents and 89% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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