housing costs · Indiana
Housing costs in Wells County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $813 | ± $70 | evidence → |
| 2019–2023 | $837 | ± $38 | evidence → |
| 2018–2022 | $803 | ± $78 | evidence → |
| 2017–2021 | $726 | ± $31 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $197,600 | ± $11,866 | evidence → |
| 2019–2023 | $180,000 | ± $8,090 | evidence → |
| 2018–2022 | $161,300 | ± $5,284 | evidence → |
| 2017–2021 | $140,200 | ± $7,162 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 23.4 % | ± 1.6 % | evidence → |
| 2019–2023 | 23.7 % | ± 1.6 % | evidence → |
| 2018–2022 | 22.9 % | ± 1.3 % | evidence → |
| 2017–2021 | 23.5 % | ± 1.6 % | evidence → |
In context
Median rent in Wells County is $813, below the Indiana median of $866 across 92 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.