Wellman, Iowa has a population of 1,501, with a median household income of $58,200.
Current median income data for Wellman.
1,501
$58,200
3.10%
$191,400
3.40
209.00 Mbps
Wellman is a small local community located in Iowa. The city has a population that is below the average city population in Iowa, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.
Wellman is a notable city in Iowa, offering a mix of population dynamics, economic indicators, and housing trends.
Wellman has a population of 1,501, which is below the state average. This suggests a smaller and more localized community environment.
The median household income in Wellman is $58,200, which is above the state average. This reflects stronger earning potential and economic stability.
The average housing price in Wellman is about $191,400, making it relatively affordable compared to many cities in Iowa.
The unemployment rate in Wellman is 3.10%, which is lower than the state average, indicating a relatively strong job market. Wellman has a lower crime rate than the state average, contributing to a relatively safer living environment.
Compared to other cities in Iowa, Wellman shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.
As part of Iowa, Wellman contributes to the broader economic and social landscape, offering insights into regional development.
The population of Wellman is approximately 1,501.
Wellman offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.
The median household income in Wellman is around $58,200.
The average housing price in Wellman is approximately $191,400.