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Winsted, MN

Full City Profile · Minnesota · McLeod County County

3.1 /5.0
B Good
2,023 Population 1,070/sq mi density
$70,208 Median Income $40,518 per capita
$210,200 Home Value $277,356 Zillow
$797 Median Rent 32.2% income on rent
45°F Avg Temperature 276 sunny days/yr
45 Violent Crime/100K 712 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$70,208 median income, 1.0% unemployment
A+
Affordability
5.0 / 5.0
$210,200 home value, $797/mo rent
F
Safety
1.0 / 5.0
45 violent crimes/100K
C
Education
2.1 / 5.0
14.3% bachelor's degree or higher

Income Overview

Median Household Income
$70,208
7% below
US avg: $75,149
Per Capita Income
$40,518
4% above
US avg: $39,052
Unemployment Rate
1.0%
72% below
US avg: 3.6%
Poverty Rate
1.1%
91% below
US avg: 12.4%

Income Comparison: Winsted vs. U.S. Average

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

Median Household
US: $75,149
$70,208
93%
Per Capita
US: $39,052
$40,518
104%
IRS Avg AGI
US: $72,000
$72,945
101%
Avg Weekly Wage
US: $1,432
$1,096
77%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,096
23% below US avg ($1,432)
Mean Commute Time
30 min
9% above US avg (28 min)
Work From Home
4.5%
70% below US avg (15.2%)
Drive Alone
81.2%
11% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,397M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 81.2%
Public Transit 0%
Work From Home 4.5%
Other 14.3%
Average commute time
30 minutes
US avg: 28 min

Business Landscape

Total Establishments
1,049
Restaurants
68
Healthcare
124
Retail
133
Manufacturing
69

Tax & Financial

IRS Avg Adjusted Gross Income
$72,945
1% above US avg ($72,000)
Avg Property Tax
$3,970
13% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$70,208
Per Capita Income$40,518
IRS Avg Adjusted Gross Income$72,945
Avg Weekly Wage$1,096
County GDP$2,397M

Hardship Indicators

Unemployment Rate1.0%
Poverty Rate1.1%
Gini Coefficient0.425
Cost of Living Index98.6

Commute

Mean Commute30 minutes
Drive Alone81.2%
Public Transit0.0%
Work From Home4.5%

Businesses

Total Establishments1,049
Restaurants68
Healthcare124
Retail133
Manufacturing69

Tax

IRS Avg AGI$72,945
Avg Property Tax$3,970