Places/IN/Wells County, IN
County profile

Wells County, IN

United States · GDP 2024
#1474 of 3,127 US counties by GDP30th-percentile growthmore diversified than 40% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$1.6B
BEA · 2024
GDP growth (YoY)
+2.1%
BEA · 2024
Jobs tracked
10,361
Census CBP · 2023
Employers
658
Census CBP · 2023
Avg. wage
$48.5k
BLS QCEW · 2023
Population
28,883
Census PEP · 2025
Labor, income & education
Unemployment
2.9%
Median HH income
$72.0k±$3.9k
Bachelor's degree+
19.9%±1.9%
Poverty rate
7.2%±1.6%
Business applications
234 · 2025
Retail establishments
86
29.8/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

No public companies loaded for this state yet — universe expands with the full ingest.

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Manufacturing36%
Health care19%
Transportation18%
Retail trade13%
Food & accommodation8%
Wholesale trade6%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
28,883
residents · 2025 · +2.6% since 2020
Income per capita $55.3k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+584
International migration+193
Natural change66

GDP trend

20192024 · nominal
$1.1B
2019
$1.1B
2020
$1.3B
2021
$1.5B
2022
$1.5B
2023
$1.6B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$197.6k±$11.9k
Median gross rent
$813/mo±$70/mo
Vacancy rate
4.4%±1.4%
Affordability
4.1× wages
Residential permits
$43.2M
172 units · 6.0/1k pop
FEMA risk score
22.8
HUD Fair Market Rent (2BR):$991/mo · 2026
TOP PERILS · FEMA NRI
Tornado 59Strong wind 51Earthquake 50
FHFA HOUSE PRICE INDEX · 20162025
288
2016
305
2017
321
2018
337
2019
347
2020
397
2021
453
2022
485
2023
530
2024
552
2025
RESIDENTIAL PERMITS · 20212025
207% since 2021
56
2021
121
2022
107
2023
73
2024
172
2025

Transport access

BTS · FAA · USACE
Nearest interstate
14.8 km
I-69
Nearest freight rail
0.9 km
NER
Nearest port
172.6 km
THE ANDERSONS-TOLEDO-EDWIN DRIVE ELEVATORS
Nearest commercial airport
27.8 km
FORT WAYNE INTL
Wage trend
BLS QCEW · 20192023
$48.5k
avg. annual pay · +22% since 2019
The read

What is the GDP of Wells?

Wells's economy produced $1.6B in 2024, growing 2.1% year over yearslower than 70% of US counties. Its largest employment sector is manufacturing.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.