Wells County, IN at a glance
Median household income
$71,957$5,996 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Wells County, IN?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Wells County, IN? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Wells County, IN HUD Metro FMR Area, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $750 | $9,000 | $30,000 | 12.5% |
| 1-Bedroom Apartment | $755 | $9,060 | $30,200 | 12.6% |
| 2-Bedroom ApartmentBenchmark | $991 | $11,892 | $39,640 | 16.5% |
| 3-Bedroom Home | $1,203 | $14,436 | $48,120 | 20.1% |
| 4-Bedroom Home | $1,393 | $16,716 | $55,720 | 23.2% |
What a typical income covers in Wells County, IN
The 50/30/20 rule applied to the local median of $71,957 a year ($5,996 a month before tax).
What $71,957 leaves after Indiana taxes
Federal income tax, Social Security, Medicare and Indiana tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in Indiana
Living in Wells County, IN: common questions
What is the median household income in Wells County, IN?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Wells County, IN is $71,957 per year (approximately $5,996 per month).
What is the average rent in Wells County, IN?
The closest official figure is HUD's Fair Market Rent for 2026: $750 for a studio, $755 for one bedroom, $991 for two, $1,203 for three and $1,393 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is Wells County, IN expensive to live in?
Prices there run 7.4% below the U.S. average. BEA's regional price parity for the metro area is 92.6, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in Wells County, IN?
To keep a $991 two-bedroom under 30% of gross income, a household needs about $39,640 a year, or $3,303 a month. That is 55% of what the typical household in Wells County, IN earns.
How much do you need to live comfortably in Wells County, IN?
On the local median income of $71,957 ($5,996 a month before tax), the 50/30/20 rule leaves $2,998 a month for needs like rent, utilities and groceries, $1,799 for everything else and $1,199 for savings or debt. A two-bedroom at $991 takes 33% of the needs share.
How much is the electric bill in Wells County, IN?
Homes in Indiana paid 17.5¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $158. Your bill depends mostly on heating and cooling.