Winsted, CT

Full City Profile · Connecticut · Northwest Hills Planning Region County

3.8 /5.0
B+ Good
7,074 Population 1,450/sq mi density
$66,058 Median Income $38,619 per capita
$214,000 Home Value $286,343 Zillow
$1,193 Median Rent 28.9% income on rent
49°F Avg Temperature
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$66,058 median income, 5.5% unemployment
A+
Affordability
4.9 / 5.0
$214,000 home value, $1,193/mo rent
C+
Education
3.0 / 5.0
24.9% bachelor's degree or higher

Winsted, CT

At a Glance

Median Income
$66,058
12% below
$38,619 per capita
Home Value
$214,000
24% below
Zillow: $286,343
Median Rent
$1,193/mo
3% above
28.9% of income on rent
Bachelor's Degree+
24.9%
26% below
93.6% high school+
Unemployment
5.5%
53% above
10.8% poverty rate
Obesity Rate
29.5%
8% below
13.1% smoking rate
Avg Temperature
49°F

How Winsted Compares to the U.S. Average

Each bar shows Winsted's value as a percentage of the national average (100% = U.S. avg)

Income
88%
Home Value
76%
Rent
103%
Poverty
87%
Bachelor's
74%
Unemployment
153%
Thin vertical line = U.S. national average (100%)

Is Winsted a Good Place to Live?

B+
3.8 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Winsted residents earn a median household income of $66,058 , which is 12% below the national average of $75,149. Per capita income is $38,619. The unemployment rate stands at 5.5% (53% above the U.S. rate of 3.6%). 10.8% of residents live below the poverty line. The area is home to 4,670 business establishments, including 273 restaurants.

Housing & Cost of Living

The median home value in Winsted is $214,000 , 24% below the national median of $281,900. Zillow estimates the typical home at $286,343. Median rent is $1,193/month, with 28.9% of renters spending more than 30% of income on housing. The cost of living index is 103.6 (100 = national average). The median home was built in 1950.

Education

24.9% of adults in Winsted hold a bachelor's degree or higher (26% below the national average). 93.6% have completed high school. Local schools score 6.1/10 in standardized testing.

Climate & Weather

Winsted has an average annual temperature of 49°F (9°C). Winters average 24°F in January while summers reach 72°F in July. Annual precipitation totals 51.1 inches.

Data Overview

People

Population7,074
Median Age41.6 yrs
Density1,450/mi²
Male / Female51% / 49%
Foreign Born7.8%
Veterans10.1%

Economy

B+
Median Income$66,058
Per Capita$38,619
Unemployment5.5%
Poverty10.8%
County GDP$6,465M
Avg Weekly Wage$1,237

Housing

A+
Home Value$214,000
Rent$1,193
Ownership52.6%
Zillow$286,343
Housing Units3,687
Rent Burden28.9%

Health

Obesity29.5%
Diabetes8.1%
Smoking13.1%
Heart Disease5.2%

Climate

Avg Temp49°F
Rain51.1 in/yr
Elevation740 ft

Education

C+
Bachelor's+24.9%
High School+93.6%
Graduate+6.6%
School Score6.1/10

Community

2024 VoteR 50% / D 49%
Commute27 min
Broadband88.8%
EV Stations2
Libraries21

Did You Know?

Winsted was founded in 1858.
The median home in Winsted was built in 1950.
The nearest airport is Bradley International (20 miles).
The Gini coefficient (income inequality) is 0.480 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
19.0% of the population has a disability.
There are 273 restaurants in the area.