Winsted, MN demographics:
population, income, and more

Total population
2,181
7.8% year-over-year change
Median household income
$67,200/yr
-4.3% year-over-year change
Housing units
1,011
-1.4% year-over-year change

Winsted population

How many people live in Winsted

Winsted is home to 2,181 residents, according to the most recent Census data. Gender-wise, 50.6% of Winsted locals are male, and 49.4% are female.

Total population
2,181
7.8% year-over-year change
Gender ratio
Male
50.6%
1,104
Female
49.4%
1,077
Value Percent YoY change
Male 1,104 50.6% 7.6%
Female 1,077 49.4% 8.0%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Winsted is 41, with the population distributed as follows: about 14.8% are children under 15, then 16.1% are in the 15 to 24 age group. Adults between 25 and 44 make up 19.4% of the population, while another 33.4% fall into the 45 to 64 bracket. Finally, around 16.3% are 65 or older.

Median age
40.9
Age breakdown
Under 15
14.8%
15 to 24
16.1%
25 to 44
19.4%
45 to 64
33.4%
Over 65
16.3%
Value Percent YoY change
Under 15 322 14.8% 33.1%
15 to 24 352 16.1% -5.6%
25 to 44 423 19.4% 9.0%
45 to 64 729 33.4% 8.3%
Over 65 355 16.3% 2.3%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Winsted, 97.9% of the population are US-born citizens, while 0.5% have gained naturalized citizenship. At the same time, 1.6% of residents are non-citizens. There’s also a share of 4.4% that includes residents with two or more races.

Citizenship
U.S.-born citizens
97.9%
Non-U.S.-born citizens
0.5%
Non-citizens
1.6%
Value Percent YoY change
U.S.-born citizens 2,136 97.9% 8.7%
Non-U.S.-born citizens 11 0.5% -52.2%
Non-citizens 34 1.6% -2.9%
Racial breakdown
White
93.5%
Black or African American
0%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
4.4%
Other
2.1%
Value Percent
White 2,039 93.5%
Two or more races 97 4.4%
Other 45 2.1%

Households in Winsted

A peek inside Winsted households

Winsted has 978 households, with an average of 2 members in each. Of these, 51.8% are families, while the remaining 48.2% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
978
1.2% year-over-year change
Average people per household
2
Non-family households
471
Family households
507
Value Percent YoY change
Non-family households 471 48.2% -5.0%
Family households 507 51.8% 7.9%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Winsted

The housing landscape of Winsted

Winsted's housing consists of 1,011 units, with 68% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 5.4% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 9.1% of the housing landscape.

Housing units
1,011
-1.4% year-over-year change
Housing types
Value Percent
1 unit, detached 687 68%
1 unit, attached 55 5.4%
2 units 7 0.7%
3 or 4 units 7 0.7%
5 to 9 units 101 10%
10 to 19 units 44 4.4%
20 to 49 units 18 1.8%
Mobile home 92 9.1%
Homes built since 2020
11
57.1% year-over-year change

The age of buildings in Winsted

In Winsted, the median construction year is 1972. About 20.4% of homes were built before the 1940s, with another 7.7% going up by 1949. Most development happened in the second half of the 20th century. Then, 9.5% of homes were added from 2000 to 2009, 0.9% between 2010 and 2019, and 1.1% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 206 20.4% 4.6%
Built between 1940 and 1949 78 7.7% 69.6%
Built between 1950 and 1959 58 5.7% -9.4%
Built between 1960 and 1969 144 14.2% -7.1%
Built between 1970 and 1979 130 12.9% 2.4%
Built between 1980 and 1989 127 12.6% 30.9%
Built between 1990 and 1999 152 15% -11.1%
Built between 2000 and 2009 96 9.5% -28.9%
Built between 2010 and 2019 9 0.9% -65.4%
Built in 2020 or later 11 1.1% 57.1%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Winsted occupancy rates

Out of the 978 occupied housing units in Winsted, 79% are owner-occupied, while 21% are lived in by tenants. Meanwhile, 3.3% of all homes on the local market sit vacant.

Occupied housing units
978
1.2% year-over-year change
Occupancy breakdown
Renter occupied
205
Owner occupied
773
Value Percent YoY
change
Renter occupied 205 21% -15.3%
Owner occupied 773 79% 6.8%
Unoccupied housing units
3.3%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Winsted housing costs

Housing costs in Winsted come to a median of $896 per month, while tenants specifically pay a median gross rent of $834.

Median housing costs per month
$896/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Winsted
$834/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Winsted

Winsted education at a glance

About 50.2% of the population in Winsted went to high school, while 20.4% pursued college studies. Another 13.9% earned an associate degree and 13.3% hold a bachelor’s. Meanwhile, 1.6% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 12 0.7% -45.5%
High school diploma 885 50.2% 9.9%
College diploma 359 20.4% -12.2%
Associate degree 245 13.9% 5.6%
Bachelor's degree 234 13.3% 30.0%
Graduate degree 28 1.6% -26.3%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Winsted

How much people earn in Winsted

The average annual household income in Winsted was $82,620 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -0.6% change from the previous year. At the same time, the median income stood at $67,200, reflecting a -4.3% shift over the same period.

Average household income in Winsted
$82,620/year
-0.6% year-over-year change
Median household income in Winsted
$67,200/year
-4.3% year-over-year change

Winsted income by age

In Winsted, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $77,083. Those with someone between 45 and 64 in charge, often well established professionally, earn $80,592 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $61,250, while those led by someone over 65, many of whom may be retired, have about $35,208 in earnings. Overall, 88.7% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $61,250 N/A
25 - 44 $77,083 -1.9%
45 - 64 $80,592 2.3%
Over 65 $35,208 -0.8%
Above poverty level
1,860
Below poverty level
238
Value Percent YoY
change
Above poverty level 1,860 88.7% 8.1%
Below poverty level 238 11.3% 7.2%

Average renter income in Winsted

To get a better sense of what renters earn on average in Winsted, their median household income was $39,125 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 25.6%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$39,125
Rent-to-income ratio
25.6%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Winsted

Workforce and job types in Winsted

The job market in Winsted is powered by 1,281 working residents, spread across a range of industries and roles. 71.4% of the working population are employed in professional or administrative positions, while 28.6% are in hands-on or service-based jobs. Also, 6.5% run their own businesses, 79.2% are employed by private companies, and 5.3% work in the public sector.

Workforce demographics

Working population
1,281
8.0% year-over-year change
White collar
915
Blue collar
366
Value Percent YoY change
White collar 915 71.4% 3.5%
Blue collar 366 28.6% 21.2%
Employer type
Self employees
6.5%
Private companies
79.2%
Governmental workers
5.3%
Not for profit companies
9%
Value Percent YoY change
Self employees 83 6.5% -10.8%
Private companies 1,015 79.2% 3.9%
Governmental workers 68 5.3% -20.0%
Not for profit companies 115 9% 271.0%
Unemployment rate
0.8%
-41.2% year-over-year change

Available workforce

The unemployment rate in Winsted stands at 0.8%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Winsted

How people get around in Winsted

Commuting methods vary: 88.1% of residents travel by personal vehicle and 3.3% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 1,107 88.1% 0.9%
Walk 41 3.3% 272.7%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Winsted by zipcode?

Zipcode Population Number of households Median income Average income
55395 2,723 1,216 $72,800 $87,047

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FAQs about Winsted demographics 

What is the total population of Winsted?

Winsted has a total population of 2,181 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +7.8% compared to a year ago.

What is the gender ratio in Winsted?

The gender ratio in Winsted is as follows:
  • 50.6% males (1,104 residents)
  • 49.4% females (1,077 residents)

What is the median age in Winsted?

The median age in Winsted is 40.9.

What is the age distribution of the population in Winsted?

The age distribution in Winsted is as follows:
  • Under 15: 14.8% (322 residents)
  • Ages 15-24: 16.1% (352 residents)
  • Ages 25-44: 19.4% (423 residents)
  • Ages 45-64: 33.4% (729 residents)
  • Over 65: 16.3% (355 residents)

What is the racial and ethnic makeup of Winsted?

The racial and ethnic makeup of Winsted is as follows:
  • White: 93.5% (2,039 residents)
  • Black or African American: 0% (0 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 4.4% (97 residents)
  • Other: 2.1% (45 residents)

What percentage of the population in Winsted are U.S.-born citizens?

U.S.-born citizens represent 97.9% of the population in Winsted.

How many housing units are there in Winsted?

There are 1,011 housing units in Winsted, reflecting a -1.4% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Winsted and what is the average household size?

Winsted has a total of 978 households, with an average of 2 people in each.

What is the median household income in Winsted?

Winsted has a median household income of $67,200, representing a -4.3% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Winsted?

The employment rate is 99.2% in Winsted, with a workforce of 1,281 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 71.4% (915 residents)
  • Blue-collar workers: 28.6% (366 residents)

Places of employment:
  • Self-employed: 6.5% (83 residents)
  • Private companies: 79.2% (1,015 residents)
  • Governmental workers: 5.3% (68 residents)
  • Not-for-profit companies: 9% (115 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025