There are 17 assisted living facilities serving Wells, Minnesota. This includes 1 facility in Wells and 16 nearby. The median cost / day for assisted living in Minnesota is about $113, with costs ranging between $29 and $240 daily. On a monthly basis, this equates to an average expenditure of $3,403, with costs ranging from about $867 to $7,200. The median yearly cost is $40,830, which is under the US average of $42,000.
SeniorScore™ for Wells, Minnesota
The SeniorScore™ is calculated based on over 100 variables, some of which are shown below. The final score is curved based on a linear curving method. For More info visit senioradvice.com/seniorscore.
- Wells scores lower than the Minnesota average of 70.
- Wells scores lower than the national average of 72.
- There is a very low number of Medicare registered physicians within the city limits.
- There are no hospitals within close range of the city.
- There are 2 senior living facilities in close proximity to the city (Parkview Care Center Wells and The Shepherd's Inn)
- There is a very low number of home healthcare providers operating in the city.
- There is a low number of fire stations serving the city.
- The average life expectancy is 81.1, compared to the national average of 78.6.
- There are 4 pharmacies within close range of the city.
- The area has a very low property crime rate.
- The area has a very low violent crime rate.
- The city has a very high percentage of seniors in the population (35% of residents).
- There are 14 golf courses in or around the city, including Wells Golf Club, Oakview Golf Club, and Albert Lea Golf Club.
- There is 1 park near the city center (Walnut Lake State Wildlife Management Area).
- There are 3 churches in or near the city, including Assembly of God Church, Alden United Methodist Church, and Our Lady of Montana Carmel.
- There are no malls / shopping centers within close range of the city.
- There are 2 grocery stores within the city.
- There is 1 movie theatre in or near the city.
- There is 1 gym or health club in or near the city.
- The property taxes average 1.59% of total income, which is significantly lower than the national average of 2.79%.
- The property taxes average 0.89% of property value, which is significantly lower than the national average of 1.09%.
- The city sales taxes averages 7.38%, which is higher than the national average of 6.97%.
- Minnesota has an average state income tax of 4.79%, compared to the national average of 3.38%.
- The city's mean household income is $53,271, which is significantly lower than the national average of $64,580.
- The city's median household income is $44,506, which is significantly lower than the national median of $51,560.
- The city's per capita income is $23,035, which is lower than the national average of $25,611.
- Assisted living costs average $36,336 per year, which are low compared to national figures.
- Nursing home costs average $90,710 per year, which are average compared to national costs.
- Adult daycare costs average $19,097 per year, which are high compared to national numbers.
- Home healthcare costs average $46,904 annually, which are average compared to national costs.
- The unemployment rate is about 4.01%, which is very low compared to national averages.
- The overall cost of living is low compared to national averages.
- 0% of the senior population are financially responsible for at least one grandchild.
- Wells receives low levels of rainfall each year.
- Wells has very harsh mean temperatures, with very cold winters and pleasant summers.
- This city has very good air quality.
- Wells has a very sparse population density of 20.2 people per square mile.
- Residents of Wells have a short daily commute time.
- Wells has a very high public school quality ranking.
- The city has a high public school safety rating.
- This city has an average graduation rate of 88.18%.
Wells is a small town in Minnesota. It is located within Faribault County. Though the city is home to only 3,715 people, the encompassing metro area includes a total population of 1,077,918. The 55-and-over community makes up 35% of the overall population.
The SeniorScore™ for Wells is 67. The city has an average per capita income of $23,000. The mean household income is $45,000 compared to the average of $53,000 for the whole of Minnesota. The current unemployment rate is approximately 4.01% and the mean housing price is $141,000, which is significantly less than the state average of $211,500.
Wells has extreme mean temperatures, with very cold winters and mildly warm summers. The city gets low amounts of rainfall annually. Compared to other cities in the US, Wells has a very low crime rate and excellent air quality.