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The total population of Winchester is estimated to be 4,654 with 2,318 males (49.81%) and 2,336 females (50.19%). There are 18 more females than males in Winchester.
The median household income in Winchester was $56,191 in 2021, which marked an a decrease of 3,817(6.36%) from $60,008 in 2020. This income is 75.32% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Winchester sees its highest median household income among householders in the age group of 25 to 44 years old, at $68,758. Overall, the median household income for the city of Winchester stands at $56,191.
In Winchester, the median income for all workers aged 15 years and older, regardless of work hours, was $38,652 for males and $27,551 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $50,396 for males and $47,575 for females.
In Winchester, population is primarily represented by White households, reporting a median income of $59,113.
In 2022, the population of Winchester was 4,827, a 0.02% decrease year-by-year from 2021. Previously, in 2021, Winchester's population was 4,828, an increase of 0.10% compared to a population of 4,823 in 2020.
The median age in Winchester, IN is 39.6, as per 2021 ACS 5-Year Estimates. Of the total population, 19.22% were under the age of 15, 20.33% aged 15 to 29, 40.97% aged 30 to 64, 15.67% aged 65 to 84, and 3.81% were 85 years of age and older.
Racial distribution of Winchester population: 96.75% are White, 0.62% are Black or African American, 1.61% are Asian, 0.28% are some other race and 0.74% are multiracial.