What is the population of Winsted city?

Winsted city has 2,023 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #259 of 914 in Minnesota.

What is the median household income in Winsted city?

Median household income in Winsted city is $70,208 a year, 10.6% below the national figure of $78,538.

How much does it cost to rent or buy in Winsted city?

Median gross rent is $797 a month and the median home value is $210,200, so rent absorbs about 13.6% of median household income.

Is Winsted city affordable compared with the rest of the US?

Homes cost about 3× the local median income here versus roughly 3.9× nationally, so Winsted city is more affordable to buy in than the typical US market, and rent takes 13.6% of median income against the 30% cost-burden line.

Aerial view of a dense city center, illustrating the US cities ZIP code directory

Minnesota · Census place 71086

Winsted, MN population, income and ZIP codes

Quick answer

The population of the city of Winsted, Minnesota (Winsted, MN — Census place “Winsted city”) is 2,023 residents, ranking #259 of 914 places in Minnesota. Median household income is $70,208, the median home is worth $210,200 and median gross rent runs $797 a month. Looking for the Winsted Minnesota ZIP code list? 1 ZIP codes serve Winsted, MN: 55395.

Population: 2,023Winsted city residents
Median household income: $70,208Past 12 months, inflation adjusted
Median home value: $210,200Owner-occupied units
Median gross rent: $797Rent plus utilities, monthly
Median age: 46.3 yrsAll residents
Homeownership rate: 74.9%Owner-occupied households

Winsted ZIP codes (Minnesota)

Census ZCTAs whose delivery area overlaps Winsted.

The Winsted MN ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

55395

What the numbers mean in Winsted city

Housing cost measured against local earnings.

A household earning the Winsted city median would spend about 13.6% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.3% of residents and 74.9% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Winsted city, MN in context

How this area compares with national benchmarks.

Winsted city is a small town in Minnesota, with 2,023 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #259 of 914 ranked by population — larger than 71% of them. The median age here is 46.3 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Winsted city earn a median of $70,208 a year, 10.6% below the national figure of $78,538 and 7% below the $75,469 median for the 361 Minnesota cities we cover. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 11.3% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Winsted city is valued at $210,200, 30.7% below the national figure and 13% below the $240,400 peer median, while median gross rent runs $797 a month, 43.3% below the national figure, or roughly $9,564 across a full year. A household on the local median income would put about 13.6% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 3×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 74.9% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

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Frequently asked questions

Common questions about this area.

What is the population of Winsted city?: Winsted city has 2,023 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #259 of 914 in Minnesota.
What is the median household income in Winsted city?: Median household income in Winsted city is $70,208 a year, 10.6% below the national figure of $78,538.
How much does it cost to rent or buy in Winsted city?: Median gross rent is $797 a month and the median home value is $210,200, so rent absorbs about 13.6% of median household income.
Is Winsted city affordable compared with the rest of the US?: Homes cost about 3× the local median income here versus roughly 3.9× nationally, so Winsted city is more affordable to buy in than the typical US market, and rent takes 13.6% of median income against the 30% cost-burden line.
How current is this Winsted city data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.