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Cost of living, pay and housing

44.96° N · 94.05° W · GEOID 2771086

Winsted

McLeod County, Minnesota · part of the Hutchinson, MN metro

Computed by Citytistics from 13 public sources · Data bundle checked 2026-11-14 · How we calculate

Limited data population under 5,000

MinnesotaWinsted, MNWinstedWinsted

The short answer

Winsted is home to 2,181 people. Median household income is $67,200 a year and median rent is $834 a month, 14.9% of income (a ratio of two medians, not any one household's burden). Rent pressure is lighter than in most places. The median home is valued at $201,900, about 3.0x annual median household income.

Median gross rent
$834
39% below the median place
Median household income
$67,200
16% below the median place
Median home value
$201,900
37% below the median place
Unemployment
3.3%
32% below the median place

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Winsted

  • Median rent is $834 a month, lower than in 84% of the 2,480 places under 10,000 people we track.
  • Households average 2.15 people, smaller than in 84% of places its size.
  • Only 7% of workers mostly work from home, fewer than in 82% of places its size.
  • 17% of adults hold a bachelor's degree or higher, a smaller share than in 81% of places its size.
  • Household income has grown 2.5% a year across the last five survey releases, slower than in 80% of places its size.
01

Moving to Winsted

McLeod County loses about 0.2 residents per 1,000 a year to moves between counties.

Moved in1,584
Moved out1,589
Net−5

Where people come from and where they go, top counties

Carver County, MN203195+8
Hennepin County, MN164145+19
Wright County, MN1451450
Meeker County, MN137151−14
Sibley County, MN73730
Renville County, MN6966+3
Scott County, MN53
Dakota County, MN38

Within Minnesota, other states or abroad

Arrivals
Leavers
Within MinnesotaOther states

Income per tax return

Arrivals$60K
Leavers$57K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of McLeod County; flows under 20 returns are not published.

Who moves here
2.3% of residents arrived from another county in the past year, 0.7% from another state.
Who arrives and who leaves
Households moving into McLeod County report $60,200 a year in income on average; those leaving, $56,800, so newcomers earn more than leavers.
Income you would need
$33,400 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $834 a month; owners with a mortgage pay $1,493 a month including taxes and insurance, on a median home of $201,900.
Getting to work
27 minutes each way on average; 6.8% work from home.
If it is close but not quite
Cut Off, LA matches it on character. Compare the two
Moved here in the past year1
2.3%
60% below the median place
Moved from another state1
0.7%
63% below the median place
Income of households moving out7
$56,816
19% below the median place
All 5 moving measures
MeasureWinstedAmong 6,645 placesVs median
Moved here in the past year12.3%60% below
Moved from another state1County figure0.7%63% below
Net movers per 1,000 people7County figure-0.267% above
Income of households moving in7County figure$60,23215% below
Income of households moving out7County figure$56,81619% below
02

What it costs to live here

Median gross rent is $834, 39% below the median place.

Winsted14.9%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$33,360
a year, at the 30% line
Rent to income
14.9%
27% below the median place
Home price to income
3.0x
21% below the median place

Could you afford it?

The median rent would take
15%
comfortably under the 30% line
Left after rent, in US prices
$57,000
a year, prices not adjusted
Vs the typical household here
Same
as the median household

Uses the median rent in Winsted, $834 a month. It runs in your browser and stores nothing.

Moving from somewhere else? Work out the salary you would need in Winsted.

Sponsored · exampleMoving to Winsted? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Renters paying 30%+1
59.3%
17% above the median place
Homeownership1
79.0%
19% above the median place
Median home value1
$201,900
37% below the median place
All 15 cost and housing measures
MeasureWinstedAmong 6,645 placesVs median
Median gross rent1$83439% below
Rent to income114.9%27% below
Property tax rate11.2%32% above
Home price to income13.0x21% below
Fair market rent, 2 bedrooms2County figure$1,07334% below
HUD area median income3County figure$107,3000% above
Property tax paid (median)1$2,42526% below
Median home value1$201,90037% below
Home prices, 1-year change4County figure0.2%95% below
Home prices, 5-year change4County figure43.0%17% below
Homeownership179.0%19% above
Renters paying 30%+159.3%17% above
Owner costs with a mortgage1$1,49320% below
Vacant homes1County figure4.7%33% below
Median year built119720% below
03

Work and pay

Commutes by transit is 0.0%, below the median place (median 0.8%).

Commutes by transit1
0.0%
below the median place (median 0.8%)
Works from home1
6.8%
45% below the median place
Median household income1
$67,200
16% below the median place

More on work and pay, against the typical place

Mean commute27 min +8%
Income per person$37,904 −5%
Poverty rate11.3% +5%
All 10 work and pay measures
MeasureWinstedAmong 6,645 placesVs median
Median household income1$67,20016% below
Income per person1$37,9045% below
Unemployment1County figure3.3%32% below
Average annual pay5County figure$59,8999% below
Pay growth, 1 year5County figure5.1%38% above
Jobs5County figure15,82289% below
Poverty rate111.3%5% above
Mean commute127 min8% above
Works from home16.8%45% below
Commutes by transit10.0%below (median 0.8%)
04

Who lives here

Household size is 2.1, 14% below the median place.

Household size1
2.1
14% below the median place
Bachelor's or higher1
16.9%
47% below the median place
Population change since 20206
-1.4%
below the median place (median 1.1%)

More about who lives here, against the typical place

High school or higher95.0% +3%
Homes with broadband89.9% −3%
Median age40.9 +5%
All 9 people measures
MeasureWinstedAmong 6,645 placesVs median
Population12,1816646th largest
Population change since 20206-1.4%below (median 1.1%)
Median age140.95% above
Bachelor's or higher116.9%47% below
High school or higher195.0%3% above
Household size12.114% below
Born abroad1County figure4.0%55% below
No health insurance1County figure5.0%22% below
Homes with broadband189.9%3% below
05

Life in Winsted

1 site is on the National Register of Historic Places.

  • Winsted City Hall listed 1982

Out the door, against the typical place

Parks per 10k residents73.4 7.2×
Playgrounds per 10k64.2 6.8×
Grocery stores per 10k0.0 −100%
Restaurants, cafes and bars per 10k4.6 −59%
Libraries per 10k4.6 5.3×
Named paths and bike trails0 km −85%
Bus and rail stops per sq mi0.0 −100%

Mapped by volunteers in OpenStreetMap inside the city limits (Census boundaries), so coverage is fuller in some places than others. Map data © OpenStreetMap contributors, ODbL.

Businesses per 10,000 residents (county figures)

Restaurants and bars16.6 −20%
Shops34.5 +14%
Arts, recreation and fitness4.9 +20%
Doctors' offices and clinics17.9 −11%
Child care centers1.9 −17%

Counts businesses with paid staff, so small owner-run shops are not included.

Public school students11
241
95% below the median place
Public schools11
2
78% below the median place
Students per teacher11
16.1
5% above the median place
All 16 schools and local life measures
MeasureWinstedAmong 6,645 placesVs median
Public schools11278% below
Public school students1124195% below
Students per teacher1116.15% above
Restaurants and bars per 10k8County figure16.620% below
Shops per 10k8County figure34.514% above
Arts, recreation and fitness per 10k8County figure4.920% above
Doctors' offices and clinics per 10k8County figure17.911% below
Child care centers per 10k8County figure1.917% below
Parks per 10k973.4above (median 10.2)
Playgrounds per 10k964.2above (median 9.4)
Grocery stores per 10k90.0below (median 2.1)
Restaurants, cafes and bars per 10k94.659% below
Libraries per 10k94.6above (median 0.9)
Named paths and bike trails90.385% below
Transit stops per sq mi90.0below (median 0.2)
National Register listings10192% below
06

Safety, weather and risk

January average low is 5°F, 80% below the median place.

No crime figure yet. Either the city police department did not report to the FBI for the latest year, or our monthly fetch has not reached Winsted. Larger places are fetched first.

January average low12
5°F
80% below the median place
Average temperature12
45°F
19% below the median place
Natural hazard risk13
46.6
50% below the median place
All 8 weather and risk measures
MeasureWinstedAmong 6,645 placesVs median
July average high12County figure82°F5% below
January average low12County figure5°F80% below
Average temperature12County figure45°F19% below
Annual precipitation12County figure29.2 in33% below
Natural hazard risk13County figure46.650% below
Tornado risk13County figure67.917% below
Wildfire risk13County figure22.264% below
Heat wave risk13County figure54.340% below
08

Winsted in 2030: where the trends point

If recent trends hold, the median rent will take about 15% of the median income in 2030, about the same as 15% now.

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median rent$834/mo (2024)$1,070/mo$880 to $1,300/mo+4.2%
Median household income$67,200 (2024)$85,000$72,000 to $101,000+4.0%
Median home value$201,900 (2024)$284,000$206,000 to $391,000+5.9%
Population2,209 (2025)2,2102,120 to 2,300+0.0%

The median home would be worth 3.3 years of the median income in 2030, against 3.0 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like Winsted

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
Cut Off, LA$828$67,941Compare
Wapakoneta, OH$811$65,570Compare
Wilmington, IL$888$66,154Compare
Mount Vernon, IN$783$62,263Compare
Mount Vernon, INWilmington, ILWapakoneta, OHCut Off, LAWinsted, MNWinstedCut OffWapakonetaWilmingtonMount VernonWinstedCut OffWapakonetaWilmingtonMount Vernon

Common questions

Is Winsted a good place to live?

It depends on what you need, so here is what the numbers say. Median rent is $834 a month, lower than in 84% of the 2,480 places under 10,000 people we track. Households average 2.15 people, smaller than in 84% of places its size. On cost, space and class size it scores 66 out of 100 for families. See how it ranks with your own weights.

Is Winsted expensive to live in?

The median rent takes 14.9% of the median household income, against 20.4% in the typical place we track. Housing is a lighter load here than usual. The median home is valued at $201,900.

What salary do you need to live in Winsted?

To rent the median home without spending more than 30% of income on rent, a household needs about $33,360 a year. Work it out from your current city.

What places are similar to Winsted?

On income, rent, home value, education and age, the closest matches are Cut Off, LA, Wapakoneta, OH, Wilmington, IL and Mount Vernon, IN.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  3. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  4. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  5. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  6. Population Estimates · US Census Bureau · Vintage 2025
  7. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  8. County Business Patterns · US Census Bureau · 2023 data
  9. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  10. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  11. Common Core of Data · National Center for Education Statistics · 2024 release
  12. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  13. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Winsted with places of a similar size, using only figures measured for Winsted itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/winsted-minnesota

Citytistics. “Winsted, Minnesota.” Data as of 2026-11-14. https://www.citytistics.com/city/winsted-minnesota/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.