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CITY · 2020 ACS

Winsted

Minnesota · 2,240 residents · 1.892 sq mi
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The short version

Winsted has lower-than-average household income, with a median household income of $50,598. Population has held roughly steady since 2000. 10% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has risen by half since 2000, reaching $150,900. Households here earn about 31% less than the Minnesota median.

At a glance
Lower income
below the US median
US median: $66,278
Mid-age
median age 40.8
US median: 38.8
Less educated
10% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
2,240
+7%since 2000
from 2,094 in 2000
1990 – 2025
Population density
1,184 / sq mi
+7%since 2000
from 1,107 / sq mi in 2000
US average: 280
Median age
40.8
+17%since 2000
from 35.0 in 2000
US average: 38.8
Population, 1990 – 2024
1K2K2K2K3K1990201020202024Winsted
20242K
1990201020202024
Section 02

Income & economy

Median household income
$50,598
−19%inflation adjusted, since 2000
from $41,588 in 2000
US average: $66,278
1990 – 2024
Per capita income
$26,341
+32%since 2000
from $19,896 in 2000
US average: $35,364
Households earning $100K+
24.7%
+1.3 ptssince 2009
from 23.4% in 2009
US average: 43.9%
Poverty rate
16.4%
+11.0 ptssince 2000
from 5.4% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade22.3%
US avg: 10%
Information11.2%
US avg: 11.1%
Wholesale trade9.6%
US avg: 6.7%
Other services7.9%
US avg: 6.6%
Public administration6%
US avg: 4.7%
Agriculture, forestry, fishing2.6%
US avg: 1.7%
Construction2.6%
US avg: 1.2%
Finance & insurance2.6%
US avg: 5.5%
Professional, scientific, technical2.6%
US avg: 4.7%
Arts, entertainment, food2.1%
US avg: 2%
Transportation & warehousing0.4%
US avg: 2.5%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$150,900
Unchangedinflation adjusted, since 2000
from $100,600 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$634
+4%inflation adjusted, since 2000
from $406 in 2000
US average: $1,124
Owner-occupied
74.2%
+1.5 ptssince 2000
from 72.7% in 2000
25.8% rent
Afford Score
3.0
+23%since 2000
from 2.4 in 2000
1990 – 2024
RELATED:See current rent listings in Winsted on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98%(2,052)
Black0.2%(4)
Hispanic / Latino0.6%(13)
Asian0.2%(5)
Other0%
Diversity Score2.6%(55)
2020
White, non-Hispanic91%(2,038)
Black0.7%(16)
Hispanic / Latino3.9%(88)
Asian0.3%(6)
Other0%(0)
Diversity Score12.3%(275)
Diversity Score
12
+366%since 2000
from 3 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
9.8%
−1.9 ptssince 2000
from 11.7% in 2000
US average: 32.9%
High school or higher
91.5%
+7.4 ptssince 2000
from 84.1% in 2000
US average: 88.5%
Graduate degree
3.9%
−0.2 ptssince 2000
from 4.1% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
28.8 min
+58%since 2000
from 18.3 min in 2000
US average: 26.9
Drive alone to work
89.3%
+7.0 ptssince 2009
from 82.3% in 2009
US average: 75.1%
No vehicle available
1.6%
−1.9 ptssince 2009
from 3.6% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
0.5%
−7.8 ptssince 2011
from 8.3% in 2011
US average: 5.4%
Labor force participation
70.2%
−4.7 ptssince 2011
from 74.9% in 2011
US average: 63.4%
Management & professional
26.6%
−36.6 ptssince 2009
from 63.2% in 2009
US average: 39.3%
Section 08

People & community

Male
48.1%
+0.8 ptssince 2009
from 47.3% in 2009
Female
51.9%
−0.8 ptssince 2009
from 52.7% in 2009
Foreign born
2.9%
−0.3 ptssince 2009
from 3.2% in 2009
US average: 13.5%
Uninsured
6.8%
−80.5 ptssince 2013
from 87.3% in 2013
US average: 8.8%
Drill deeper

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Compare Winsted to nearby cities

WINSTED VS
Waconia
Income$111,031+119%
Home value$431,000+186%
Population14,113+539%
SEE FULL COMPARISON →
WINSTED VS
Minnetrista
Income$163,051+222%
Home value$658,300+336%
Population9,458+328%
SEE FULL COMPARISON →
WINSTED VS
Hutchinson
Income$72,836+44%
Home value$229,600+52%
Population14,655+563%
SEE FULL COMPARISON →
WINSTED VS
Buffalo
Income$88,820+76%
Home value$314,400+108%
Population16,878+664%
SEE FULL COMPARISON →
Frequently asked

How many people live in Winsted, Minnesota?

Winsted, Minnesota has about 2,240 residents according to the 2020 American Community Survey.

What is the median household income in Winsted, Minnesota?

The typical household in Winsted, Minnesota earns about $50,598 a year. Half of households make more than that, and half make less.

Is Winsted, Minnesota expensive?

In Winsted, Minnesota, the median home is worth about $150,900, and the typical rent is about $634 a month.

How educated are people in Winsted, Minnesota?

About 9.8% of adults age 25 and over in Winsted, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Winsted, Minnesota?

About 16.4% of people in Winsted, Minnesota live below the federal poverty line.

Has Winsted, Minnesota grown since 1990?

Yes, Winsted, Minnesota has grown since 1990. The population has added about 659 residents, a change of about 42 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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