Indicators are used in a variety of contexts for exploring community and regional conditions, progress towards goals, and gauging current conditions. We explore the role indicators play in aiding assessment of community well-being, including how they are applied. We consider community well-being to be a comprehensive concept in many dimensions of community life and explore its relations to indicators. Based on ideas around domains and sub-domains as well as relevant indicators, we find that indicators may serve a role in conceptualizing and assessing community well-being. It is a complex undertaking but there exists enough conceptualization and application that a relational framework is proposed with the intent of aiding in tying the use of indicators to assessment of community well-being.