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The total population of Winsted is estimated to be 1,962 with 1,027 males (52.34%) and 935 females (47.66%). There are 92 less females than males in Winsted.
The median household income in Winsted was $61,545 in 2021, which marked an an increase of 4,210(7.34%) from $57,335 in 2020. This income is 82.49% 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, Winsted sees its highest median household income among householders in the age group of 25 to 44 years old, at $77,616. Overall, the median household income for the city of Winsted stands at $61,545.
In Winsted, the median income for all workers aged 15 years and older, regardless of work hours, was $39,835 for males and $27,618 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $51,478 for males and $49,485 for females.
In Winsted, population is primarily represented by White households, reporting a median income of $67,895.
In 2022, the population of Winsted was 2,225, a 0.45% decrease year-by-year from 2021. Previously, in 2021, Winsted's population was 2,235, a decline of 0.18% compared to a population of 2,239 in 2020.
The median age in Winsted, MN is 43.8, as per 2021 ACS 5-Year Estimates. Of the total population, 13.02% were under the age of 15, 22.65% aged 15 to 29, 48.22% aged 30 to 64, 13.18% aged 65 to 84, and 2.93% were 85 years of age and older.
Racial distribution of Winsted population: 97.23% are White, 0.58% are Black or African American, 0.58% are some other race and 1.62% are multiracial.