Winchester is a city in Massachusetts state in USA with a population of 22760 residents.. The poverty rate of Winchester is 2.8%, which is 80% lower than national average. The typical household in Winchester earns $173058 a year, compared to the national median of $67,500. Nearly 15.6% 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 Winchester, only 98% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Winchester remained 2.8%, which is 40% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Winchester, only 75% of adults have a bachelor's degree and 11% have some college but no degree.

Cost of living in Winchester is 190, which is 90% higher than national average. Median home value in Winchester is $968000 , which is 321% higher than national average. While median income in Winchester remained $173058, which is 156% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.