Winsted, MN

Full City Profile · Minnesota · McLeod County County

3.8 /5.0
B+ Good
2,023 Population 1,070/sq mi density
$70,208 Median Income $40,518 per capita
$210,200 Home Value $287,740 Zillow
$797 Median Rent 32.2% income on rent
44°F Avg Temperature
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$70,208 median income, 1.4% unemployment
A+
Affordability
5.0 / 5.0
$210,200 home value, $797/mo rent
C
Education
2.1 / 5.0
14.3% bachelor's degree or higher

Winsted, MN

At a Glance

Median Income
$70,208
7% below
$40,518 per capita
Home Value
$210,200
25% below
Zillow: $287,740
Median Rent
$797/mo
31% below
32.2% of income on rent
Bachelor's Degree+
14.3%
58% below
93.4% high school+
Unemployment
1.4%
61% below
1.1% poverty rate
Obesity Rate
42.1%
31% above
16.1% smoking rate
Avg Temperature
44°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
93%
Home Value
75%
Rent
69%
Poverty
9%
Bachelor's
42%
Unemployment
39%
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 $70,208 , which is 7% below the national average of $75,149. Per capita income is $40,518. The unemployment rate stands at 1.4% (61% below the U.S. rate of 3.6%). 1.1% of residents live below the poverty line. The area is home to 1,049 business establishments, including 68 restaurants.

Housing & Cost of Living

The median home value in Winsted is $210,200 , 25% below the national median of $281,900. Zillow estimates the typical home at $287,740. Median rent is $797/month, with 32.2% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1972.

Education

14.3% of adults in Winsted hold a bachelor's degree or higher (58% below the national average). 93.4% have completed high school. Local schools score 6.4/10 in standardized testing.

Climate & Weather

Winsted has an average annual temperature of 44°F (7°C). Winters average 12°F in January while summers reach 72°F in July. Annual precipitation totals 32.5 inches.

Data Overview

People

Population2,023
Median Age46.3 yrs
Density1,070/mi²
Male / Female51% / 49%
Foreign Born2.4%
Veterans6.9%

Economy

A
Median Income$70,208
Per Capita$40,518
Unemployment1.4%
Poverty1.1%
County GDP$2,397M
Avg Weekly Wage$1,096

Housing

A+
Home Value$210,200
Rent$797
Ownership74.9%
Zillow$287,740
Housing Units1,011
Rent Burden32.2%

Health

Obesity42.1%
Diabetes9.1%
Smoking16.1%
Heart Disease5.2%
Premature Death5,843/100K

Climate

Avg Temp44°F
Rain32.5 in/yr
Elevation1,014 ft

Education

C
Bachelor's+14.3%
High School+93.4%
Graduate+2.6%
School Score6.4/10

Community

2024 VoteR 68% / D 30%
Commute30 min
Broadband89.3%
Internet Speed74 Mbps
EV Stations2
Libraries4

Did You Know?

The median home in Winsted was built in 1972.
The nearest airport is St Cloud Regional (41 miles).
The Gini coefficient (income inequality) is 0.425 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
10.0% of the population has a disability.
The county recorded 4 fatal vehicle crashes.