Winsted city, Minnesota Demographics & Population 2026
As of 2026, Winsted city, Minnesota has a total population of 2,023, the 259th largest city in Minnesota, with a median household income of $70,208, which is 20% lower than the state average. The poverty rate is 11.3%.
Key Takeaways
- Near full employment with an unemployment rate of just 1.4%.
Winsted city Quick Facts
How Winsted city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Winsted city Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in McLeod County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Hutchinson city | 14,629 | $71,730 | 10.7% | $210,300 |
| Glencoe city | 5,702 | $63,967 | 8.0% | $213,100 |
| Lester Prairie city | 1,848 | $87,188 | 5.3% | $217,000 |
| Silver Lake city | 922 | $75,000 | 4.7% | $184,800 |
| Stewart city | 570 | $62,692 | 9.5% | $115,900 |
| Brownton city | 530 | $77,159 | 6.8% | $148,500 |
| Plato city | 193 | $99,375 | 0.0% | $228,900 |
| Biscay city | 180 | $139,375 | 0.6% | $187,100 |
Cities Similar to Winsted city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Stacy city | 1,992 | $76,875 | $222,800 | 12.7% | 8.4% |
| Slayton city | 2,089 | $65,724 | $160,400 | 31.4% | 11.5% |
| Hoyt Lakes city | 2,074 | $64,514 | $90,700 | 18.4% | 10.1% |
| Blooming Prairie city | 1,977 | $63,929 | $155,800 | 26.1% | 5.6% |
| Maple Lake city | 2,104 | $75,469 | $221,800 | 15.9% | 6.2% |
Population Overview
Winsted city is a small community located in Minnesota, within McLeod County. The total population is 2,023. It ranks as the 259th most populous out of 913 cities and towns in Minnesota.
Age Demographics
The median age in Winsted city is 46.3 years. This is 20% higher than the state median of 38.6 years.
Economy, Income & Housing
The median household income in Winsted city is $70,208. This is 20% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 11% lower. The poverty rate stands at 11.3%. This is 23% higher than the state poverty rate of 9.2%. The unemployment rate is 1.4%. This is 64% lower than the state rate of 3.9%. The median home value is $210,200. Housing costs are 31% lower than the state median of $305,500. The home-value-to-income ratio is 3.0x. 75.0% of occupied housing units are owner-occupied. This homeownership rate is 4% higher than the state average of 72.4%.
Race & Ethnicity
Winsted city has a predominantly White (non-Hispanic) population, comprising 91.6% of all residents. Hispanic or Latino residents account for 2.7%. The Black or African American population (0.4%) is well below the state average of 6.7%. The Hispanic or Latino population (2.7%) is well below the state average of 6.2%.
Education
14.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 63% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.4%.
Data Sources & Methodology
All demographic data for Winsted city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Winsted city, Minnesota?
Winsted city, Minnesota has a population of 2,023 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Winsted city, MN?
The median household income in Winsted city is $70,208, which is 11% lower the national median of $78,538.
What is the poverty rate in Winsted city, MN?
The poverty rate in Winsted city is 11.3%. This means approximately 222 residents live below the federal poverty line.
What is the racial makeup of Winsted city, Minnesota?
Winsted city's population is 91.6% White, 0.4% Black, 2.7% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Winsted city, MN?
The median home value in Winsted city is $210,200. The home-value-to-income ratio is 3.0x.
How educated is Winsted city, Minnesota?
14.3% of adults (25+) in Winsted city hold a bachelor's degree or higher, and 2.7% hold a graduate or professional degree.