Vermont

Wells

Census-designated place Wells is a census-designated place in Vermont, in Rutland County. A census-designated place is an unincorporated community that the Census Bureau defines for statistics; it has no city government of its own.

The median owner-occupied home in Wells had a real-estate tax bill of $3,250 (± $937) a year, compared with $4,956 in Vermont and $2,969 nationwide. The median home value was $198,400 (± $62,094), compared with $290,500 in Vermont and $303,400 nationwide.

U.S. Census Bureau estimates for Wells, Vermont and the United States, with margins of error
MeasureWellsVermontUnited States
Population 423 ± 187 645,254 332,387,540
Median annual property tax bill (homeowners) $3,250 ± $937rough guide only: the margin of error is 29% of the estimate $4,956 ± $48 $2,969 ± $3
Median home value $198,400 ± $62,094rough guide only: the margin of error is 31% of the estimate $290,500 ± $2,466 $303,400 ± $362
Median household income $73,750 ± $22,359rough guide only: the margin of error is 30% of the estimate $78,024 ± $1,357 $78,538 ± $176
Property tax as a share of home value (calculated) 1.64% ± 0.70 pointsrough guide only: the margin of error is 43% of the estimate 1.71% ± 0.02 points 0.98% ± under 0.01 points
Homes lived in by their owners 82.2% ± 4.5 points 72.8% ± 0.5 points 65.0% ± 0.3 points
Owner households headed by someone 65 or older 47.8% ± 21.3 pointsrough guide only: the margin of error is 45% of the estimate 35.2% ± 0.4 points 32.6% ± 0.2 points
Owners spending 30% or more of income on housing costs Too imprecise to report (estimate 10.9%, margin of error ± 16.9 points) 24.6% ± 0.7 points 22.2% ± 0.1 points
How to read these numbers

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2019–2023: tables B25103 (real estate taxes), B25077 (home value), B19013 (household income), B01003 (population), B25003 (owners and renters), B25007 (age of householder), B25091 (housing costs as a share of income); see the Census ACS data page.

If property taxes go unpaid in Vermont

How it works. Municipal tax sale to private bidder or municipality, followed by 1-year statutory redemption period and collector deed; municipalities may purchase when adequate private bid is unavailable

Excess sale money. Current statute does not establish one general post-deed private-purchaser equity-return system. Vermont Act 106 working-group report states municipality that is purchaser must return excess eventual-sale proceeds under Bogie/Tyler principles, but group did not reach consensus on a private-investor equity solution. Leave private-purchaser equity treatment as unresolved/current-policy gap

These rules are set by Vermont, not by Wells, so this section is the same for every place in the state. Last verified 2026-09-25. See the full Vermont entry with statute links.

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