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. There's nothing like the smell of a brand new house, and in Wells, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Wells, and putting down their money on brand new construction. Wells’s real estate is, on average, some of the newest in the nation. Wells does seem to be experiencing an influx of affluent people, because 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.Wells is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, Wells is a town of professionals, sales and office workers, and managers. There are especially a lot of people living in Wells who work in management occupations (15.78%), sales jobs (12.65%), and office and administrative support (8.54%). 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. One interesting thing about the economy is that relatively large numbers of people worked from their home: 18.02% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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 a major vacation destination. Much of the town’s population is seasonal: many people own second homes and only live there part-time, during the vacation season. The effect on the local economy is that many of the businesses are dependent on tourist dollars, and may operate only during the high season. As the vacation season ends, Wells’s population drops significantly, such that year-round residents will notice that the city is a much 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.
