Living in Winsted, Connecticut
Cost of living, income, home prices, rent and demographics of Winsted · Census data 2020–2024
Winsted has 6,977 residents with a median age of 47.6. The median household income is $64,871 (32% lower than the Connecticut median), the median home value is $218,900, the median rent is $1,183/month.
Winsted at a glance
- Population
- 6,977
- Median age
- 47.6State: 41.1
- Median household income
- $64,871State: $95,781
- Median home value
- $218,900State: $366,900
- Median rent
- $1,183/moState: $1,488
- Homeowners
- 54.7%
- Bachelor's degree or higher
- 26.8%
- Average commute
- 25 min
Is Winsted a good place to live?
Pros: Home values 40% lower than the state median; an average commute of 25 minutes; unemployment of 3.9%.
Cons: Median household income 32% lower than the Connecticut median; a poverty rate of 15.9%.
The weather is best in June to September.
Cost of living in Winsted
Housing is the biggest part of the cost of living. In Winsted the median home value is $218,900, 34% lower than the U.S. median. Renters pay a median of $1,183 per month, which is 27% of household income. Homeowners with a mortgage pay $1,609 a month in housing costs.
Winsted median household income
The median household income in Winsted is $64,871 and the income per person is $38,381. 15.9% of residents live below the poverty line (Connecticut: 10%).
Housing in Winsted: homes for sale and rent
- Housing units
- 3,806
- Owner-occupied
- 54.7%
- Renter-occupied
- 45.3%
- Vacant
- 5.8%Includes seasonal homes
- Median year built
- 1942
- Average household size
- 1.92
Winsted demographics
- Population
- 6,977
- Median age
- 47.6
- Under 18
- 14.4%
- 65 and older
- 25%
- Households
- 3,586
- Foreign-born
- 9.1%
- Veterans
- 10%Adults 18+
Hispanic or Latino can be of any race. Population history of Winsted ›
Education in Winsted
26.8% of adults 25 and older in Winsted have a bachelor's degree or higher (Connecticut: 42.5%), and 9.7% have a graduate or professional degree.
Jobs and commute in Winsted
- Unemployment rate
- 3.9%State: 5.6%
- Average commute
- 25 minState: 27 min
- Work from home
- 7.7%
- Drive alone
- 77.9%
- Public transit
- 1%
- Walk to work
- 5.9%
- Homes with broadband
- 87.8%
Winsted vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Winsted | 6,977 | $64,871 | $218,900 | $1,183 |
| Winchester | 10,284 | $66,519 | $249,500 | $1,174 |
| Riverton | 318 | $123,923 | $350,000 | — |
| Pleasant Valley | 219 | $76,991 | $367,700 | $997 |
| Barkhamsted | 3,678 | $123,544 | $368,000 | $1,164 |
| Colebrook | 1,494 | $111,250 | $342,800 | $1,333 |
| New Hartford Center | 1,373 | $76,853 | $190,300 | $1,192 |
| Norfolk | 1,723 | $91,548 | $430,900 | $1,190 |
| New Hartford | 6,675 | $109,695 | $358,600 | $1,321 |
More for people moving to Winsted
Winsted ZIP code ›Weather and climate ›Living in Winsted: FAQ
What is the median household income in Winsted, CT?
The median household income in Winsted is $64,871, 32% lower than the Connecticut median of $95,781 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Winsted?
The median home value in Winsted is $218,900, compared with $366,900 in Connecticut.
How much is rent in Winsted?
The median gross rent in Winsted is $1,183 per month, about 27% of household income.
Is Winsted, CT a good place to live?
Pluses: home values 40% lower than the state median; an average commute of 25 minutes; unemployment of 3.9%. Minuses: median household income 32% lower than the Connecticut median; a poverty rate of 15.9%.
What is the median age in Winsted?
The median age in Winsted is 47.6 years (Connecticut: 41.1).
How long is the commute in Winsted?
The average commute to work in Winsted is 25 minutes; 7.7% of workers work from home.
What is the unemployment rate in Winsted?
The unemployment rate in Winsted is 3.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Winsted?
26.8% of adults in Winsted have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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