Town of Wells — Financial Data

683 Population FY 2024

$3,483 Town-Wide Per Capita Spending All residents incl. villages FY 2025

6.5% Debt Service FY 2025

0.0 Fiscal Stress FY 2024

3.3 Env. Stress FY 2024

No incorporated villages in this town.

Stress Trajectory

Community Profile

Census Bureau ACS 5-year estimates

4.2% Poverty Rate 2023

16.3% Bachelor's+ Rate 2023

10.6% Unemployment Rate 2023

84.1% Homeownership Rate 2023

Median Household Income

$55,568 (2023)

2010 2023

Per Capita Income

$29,557 (2023)

2010 2023

Median Home Value

$253,400 (2023)

2010 2023

Median Gross Rent

$763 (2023)

2010 2023

Median Age

54.7 (2023)

2010 2023

Gini Index

0 = perfect equality · 1 = perfect inequality

0.4 (2023)

2010 2023

Financial Trends

Total spending across all funds, including services for the entire town and services exclusive to areas outside villages · 1995–2025

Fiscal Health

Debt Outstanding

$915,000 (2024)

2011 2024

Full Value of Taxable Property

$354,183,601 (2024)

2011 2024

Debt Service

$155,224 (2025)

1995 2025

Debt Service %

6.5% (2025)

1995 2025

Town-Wide Per Capita Spending

$3,483 (2025)

2010 2025

Fiscal Stress Score (OSC)

0 = healthy · 100 = significant stress

0.0 (2024)

2012 2024

Environmental Stress Score (OSC)

0 = no stress · 100 = significant stress

3.3 (2024)

2012 2024

Top Revenue Sources

Real Property Taxes And Assessments

$1,944,415 (2025)

1995 2025

State Aid

$254,542 (2025)

1995 2025

Use And Sale Of Property

$127,792 (2025)

1995 2025

Charges For Services

$103,353 (2025)

1995 2025

Charges To Other Governments

$72,639 (2025)

1995 2025

Top Expenditures

Transportation

$776,408 (2025)

1995 2025

General Government

$644,950 (2025)

1995 2025

Employee Benefits

$308,367 (2025)

1995 2025

Public Safety

$293,017 (2025)

1995 2025

Sanitation

$116,791 (2025)

1995 2025

Financial Documents (85)

Year	Title	Type
2025	Town of Wells OSC Annual Financial Report 2025	OSC_TOWN_CSV_AFR
2024	Town of Wells OSC Annual Financial Report 2024	OSC_TOWN_CSV_AFR
2024	Town of Wells OSC Annual Financial Report 2024	OSC_TOWN_AFR
2024	Town of Wells FSMS Report 2024	FSMS_MONITORING
2023	Town of Wells Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5

View all 85 documents →

Governance & Structure

Governance Structure

Structure: Not specified
Fiscal Autonomy: Not specified
ICMA Recognition: —
Notes: None
OSC Code: 200388600000

School Details

Not applicable for this entity type.