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.

  1. Overview - Life In Winsted
  2. Pros and Cons of Living In Winsted
  3. Crime In Winsted
  4. Cost of Living In Winsted
  5. Gender In Winsted
  6. Household Income For Winsted
  7. Education In Winsted
  8. Race & Ethnicity In Winsted
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.
Population
6504
Unemployment
6.8%
45% NAT AVG.
Poverty
22.7%
62% NAT AVG.
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
Gender
Gender Winsted Connecticut Country
Female 49.5% 51.2% 50.8%
Male 50.5% 48.8% 49.2%
Gender

Household Income


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


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
Education
Race / Ethnicity


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