Winsted is a small town of 1,962 in Minnesota, with a median household income of $68,295
and a 1.1% unemployment rate.
Its cost of living index is 94 (US average = 100), which is
6% below the national average.
Strengths:
Winsted stands out for an affordable cost of living, below-average home prices, lower-than-average crime, solid school ratings (B-).
Trade-offs:
No major red flags stand out in the available data. Whether Winsted is right for you depends on your priorities — the full breakdown is below.
All Winsted city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 94.5
Winsted's overall cost of living index is 94.5,
where 100 represents the US national average.
Living in Winsted costs roughly 6% less than the average American city.
Metric
Winsted, MN
National Avg
Median Home Value
$183,600
$244,900
Median Monthly Rent
$781
$1,163
Homeownership Rate
70.8%
65.9%
Median Household Income
$68,295
$74,755
Crime & Safety
Very Safe
Winsted's violent crime rate is 180.3 per 100,000 residents
— 53% lower than the national average of ~380 per 100,000.
Violent Crime
180.3 /100k
Property Crime
766.1 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Winsted is served primarily by HOWARD LAKE-WAVERLY-WINSTED.
The student-to-teacher ratio is 16.5:1
(slightly above the national average of ~16:1).
Metric
Winsted, MN
National Avg
School District
HOWARD LAKE-WAVERLY-WINSTED
—
Elementary Schools
2
—
Middle Schools
1
—
High Schools
3
—
Student/Teacher Ratio
16.5:1
16:1
Bachelor's Degree or Higher
14.7%
35.4%
High School Diploma or Higher
91.7%
91.1%
Weather & Climate
Winsted sees average highs of 21.0°F in January
and 82.3°F in July,
with 32.5 inches of annual precipitation
and 41.1 inches of snow per year.
Winsted's cost of living index is 94, where 100 is the national average.
That makes Winsted roughly 6% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $183,600 and median rent is $781/month.
Winsted's violent crime rate is 180.3 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 766.1 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Winsted are operated by HOWARD LAKE-WAVERLY-WINSTED.
The district has 2 elementary, 1 middle, and 3 high schools.
The student-to-teacher ratio is 16.5:1. 14.7% of adults 25+ hold a bachelor's degree or higher.
Winsted, MN has a population of 1,962, a median household income of $68,295, and an unemployment rate of 1.1%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Winsted averages 21.0°F in January and 82.3°F in July. Annual rainfall is 32.5 inches
with about 41.1 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Winsted, MN is covered by 1 ZIP code: 55395.
The population of Winsted, Minnesota is 1,962 with a median age of 43.4. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Winsted: cost of living index 94 (100 = US average), median home $183,600, median household income $68,295, crime index 43 (100 = US average, lower is safer), schools rated B-. Whether these are benefits or drawbacks depends on where you're coming from — compare Winsted side by side with your current city to see the trade-offs.
