Living in Winchester, Kentucky
Cost of living, income, home prices, rent and demographics of Winchester · Census data 2020–2024
Winchester has 19,213 residents with a median age of 40.1. The median household income is $54,378 (15% lower than the Kentucky median), the median home value is $188,300, the median rent is $916/month.
Winchester at a glance
- Population
- 19,213
- Median age
- 40.1State: 39.1
- Median household income
- $54,378State: $63,726
- Median home value
- $188,300State: $205,600
- Median rent
- $916/moState: $967
- Homeowners
- 60.5%
- Bachelor's degree or higher
- 22.4%
- Average commute
- 22 min
Is Winchester a good place to live?
Pros: Home values 8% lower than the state median; an average commute of 22 minutes; unemployment of 3.6%.
Cons: Median household income 15% lower than the Kentucky median; a poverty rate of 17.3%.
The weather is best in May and August to October.
Cost of living in Winchester
Housing is the biggest part of the cost of living. In Winchester the median home value is $188,300, 43% lower than the U.S. median. Renters pay a median of $916 per month, which is 31.4% of household income. Homeowners with a mortgage pay $1,292 a month in housing costs.
Winchester median household income
The median household income in Winchester is $54,378 and the income per person is $32,859. 17.3% of residents live below the poverty line (Kentucky: 16.1%).
Housing in Winchester: homes for sale and rent
- Housing units
- 9,538
- Owner-occupied
- 60.5%
- Renter-occupied
- 39.5%
- Vacant
- 10.3%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 2.20
Winchester demographics
- Population
- 19,213
- Median age
- 40.1
- Under 18
- 20.5%
- 65 and older
- 18.2%
- Households
- 8,551
- Foreign-born
- 1.6%
- Veterans
- 7%Adults 18+
Hispanic or Latino can be of any race. Population history of Winchester ›
Education in Winchester
22.4% of adults 25 and older in Winchester have a bachelor's degree or higher (Kentucky: 27.6%), and 8.1% have a graduate or professional degree.
Jobs and commute in Winchester
- Unemployment rate
- 3.6%State: 4.9%
- Average commute
- 22 minState: 24 min
- Work from home
- 13.5%
- Drive alone
- 74.6%
- Public transit
- 0.1%
- Walk to work
- 0.7%
- Homes with broadband
- 91.5%
Winchester vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Winchester | 19,213 | $54,378 | $188,300 | $916 |
| North Middletown | 679 | $48,000 | $117,700 | $913 |
| Mount Sterling | 7,551 | $55,827 | $187,600 | $699 |
| Paris | 10,160 | $55,839 | $186,300 | $832 |
| Lexington-Fayette | 323,725 | $69,479 | $293,500 | $1,164 |
| Camargo | 874 | $47,625 | $151,400 | $854 |
| Clay City | 1,204 | $23,816 | $63,500 | $666 |
| Richmond | 37,111 | $50,870 | $214,900 | $917 |
| Jeffersonville | 1,651 | $56,250 | $140,900 | $792 |
More for people moving to Winchester
Winchester ZIP code ›Weather and climate ›Living in Winchester: FAQ
What is the median household income in Winchester, KY?
The median household income in Winchester is $54,378, 15% lower than the Kentucky median of $63,726 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Winchester?
The median home value in Winchester is $188,300, compared with $205,600 in Kentucky.
How much is rent in Winchester?
The median gross rent in Winchester is $916 per month, about 31.4% of household income.
Is Winchester, KY a good place to live?
Pluses: home values 8% lower than the state median; an average commute of 22 minutes; unemployment of 3.6%. Minuses: median household income 15% lower than the Kentucky median; a poverty rate of 17.3%.
What is the median age in Winchester?
The median age in Winchester is 40.1 years (Kentucky: 39.1).
How long is the commute in Winchester?
The average commute to work in Winchester is 22 minutes; 13.5% of workers work from home.
What is the unemployment rate in Winchester?
The unemployment rate in Winchester is 3.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Winchester?
22.4% of adults in Winchester 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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