Winsted, Connecticut
Moving to or Living in Winsted Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Winsted, Connecticut
Moving to Winsted In Connecticut ? Find out the best and worst about to live, raise a family or retire in Winsted, the Pros and Cons of Living in Winsted.
Explore the life in Winsted based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.
About Winsted, Connecticut
Is Winsted, Connecticut a good place to live?
Winsted is a city in Connecticut state in USA with a population of 6504 residents..
The poverty rate of Winsted is 22.7%, which is 62% higher than national average.
The typical household in Winsted earns $49848 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 6 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 50.2% of households earn less than $50,000 a year compared to 39% national rate.
A high school education is a basic prerequisite for most jobs, and in Winsted, only 91% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Winsted remained 6.8%, which is 45% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Winsted, only 21% of adults have a bachelor's degree and 29% have some college but no degree.
Cost of living in Winsted is 106, which is 6% higher than national average. Median home value in Winsted is $164900 , which is 28% lower than national average. While median income in Winsted remained $49848, which is 26% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Winsted, only 91% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Winsted remained 6.8%, which is 45% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Winsted, only 21% of adults have a bachelor's degree and 29% have some college but no degree.
Cost of living in Winsted is 106, which is 6% higher than national average. Median home value in Winsted is $164900 , which is 28% lower than national average. While median income in Winsted remained $49848, which is 26% lower than national average.
Population
6504
Unemployment
6.8%
Poverty
22.7%
Overall Score
5
Median Home
$164900
28%
NAT AVG.
Median Income
$49848
26%
NAT AVG.
Median Rent
$952
18%
NAT AVG.
Cost Of Living
106
6%
NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 15
People Earning < $10,000
1 in 6
People Earning < $50,000
50.2%
People with <= High School
1 in 2
People With Any Degree
1 in 3.3
Pros & Cons Overview
Jobs60%
Housing80%
Affordability60%
Safety80%
Amenities80%
Diversity60%
Education70%
Commute50%
Cost of Living
| Expense | Winsted | Connecticut | National Avg. |
|---|---|---|---|
| Services | 117 | 121 | 100 |
| Groceries | 106 | 108 | 100 |
| Health | 108 | 112 | 100 |
| Housing | 86 | 138 | 100 |
| Transportation | 109 | 112 | 100 |
| Utilities | 125 | 134 | 100 |
Cost of Living
Winsted Connecticut
Gender
| Gender | Winsted | Connecticut | Country |
|---|---|---|---|
| Female | 49.5% | 51.2% | 50.8% |
| Male | 50.5% | 48.8% | 49.2% |
Gender
Female Male
Household Income
< $10000 $10K to $15K $15K to $25K $25K to $35K $35K to $50K $50K to $75K $75K to $100K $100K to $150K $150K to $200K $200K or more
| Income | Winsted | Connecticut | Country |
|---|---|---|---|
| Less than $10,000 | 16.3% | 4.9% | 5.8% |
| $10,000 to $14,999 | 4.9% | 3.4% | 4.1% |
| $15,000 to $24,999 | 6.9% | 6.8% | 8.5% |
| $25,000 to $34,999 | 12.3% | 6.9% | 8.6% |
| $35,000 to $49,999 | 9.8% | 10% | 12.0% |
| $50,000 to $74,999 | 17.8% | 15.4% | 17.2% |
| $75,000 to $99,999 | 11.9% | 12.2% | 12.8% |
| $100,000 to $149,999 | 14.2% | 17.6% | 15.6% |
| $150,000 to $199,999 | 4.2% | 9.6% | 7.1% |
| $200,000 or more | 1.7% | 13.2% | 8.3% |
Education
< 9th Grade 9-12th Grade High School or GED Other College Associate Degree Bachelor Degree Masters Degree Professional Degree Doctorate Degree
| Education | Winsted | Connecticut | Country |
|---|---|---|---|
| < 9th Grade | 4% | 4% | 5.0% |
| 9-12th Grade | 5% | 5% | 7.0% |
| High School or GED | 41% | 26% | 27.0% |
| Other College | 20% | 17% | 20.0% |
| Associate's Degree | 9% | 8% | 9% |
| Bachelor's Degree | 13% | 22% | 20.0% |
| Master's Degree | 6% | 13% | 9.0% |
| Professional Degree | 1% | 3% | 2.0% |
| Doctorate Degree | 1% | 2% | 1.0% |
Household Income
Winsted Connecticut Country
Education
Winsted Connecticut Country
Race / Ethnicity
White African American American Indian Asian Hispanic Hawaiian Mixed Other
| Ethnicity | Winsted | Connecticut | Country |
|---|---|---|---|
| White | 86.9% | 66% | 60.1% |
| African American | 1.5% | 9.9% | 12.2% |
| American Indian | 0.9% | 0.1% | 0.6% |
| Asian | 0% | 4.5% | 5.6% |
| Hawaiian | 0% | 0% | 0.2% |
| Other | 0% | 0.4% | 0.3% |
| Multiracial | 1.8% | 2.6% | 2.8% |
| Hispanic | 8.9% | 16.4% | 18.2% |
Race / Ethnicity
Winsted Connecticut Country