Located in the state of Connecticut, Winsted is a small-sized city with a population of 6,761 people. The majority of Winsted residents report their race to be White; this is followed by Black and American Indian and Alaskan. All the single ladies and all the single fellas might want to take notice as only 46% of the Winsted population is married. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Winsted, your commute times will be about average, with a one way commute time of 29 minutes.
Living in Winsted can be a fulfilling experience for anyone moving to the area. Having said that, in the state of Connecticut, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Using the livability score which includes data from categories like amenities, commute, health & safety, you can easily compare the best places to live in Winsted and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Winsted to Connecticut and the national average.
The livability score in Winsted is 77 out of 100 and the city is ranked in the 91st percentile of all cities across America. Clearly, Winsted is doing something right, as this score ranks well above the average of most cities. Winsted also ranks in the top 10 percent of all cities, which is no small feat! If we consider each of the categories on their own, we see that Winsted ranks well for crime (B+), cost of living (B-) and housing (A+). Regrettably for Winsted, there are some categories for which it does not rank well, this includes: amenities (F) and employment (D).
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Winsted market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Winsted real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Winsted. Median real estate prices in Winsted come in at $296,385, which is 39.5% lower than the Connecticut average. The home price to income ratio compares the median home prices to the median household income. In Winsted, the home price to income ratio is 4, which is 13% lower than the Connecticut average.
| Statistic | Winsted | Connecticut | National |
| Average one way commute | 29min | 26min | 26min |
| Workers who drive to work | 82.7% | 78.3% | 76.4% |
| Workers who carpool | 9.8% | 8.1% | 9.3% |
| Workers who take public transit | 0.3% | 4.9% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 3.1% | 2.9% | 2.8% |
| Working from home | 2.3% | 4.6% | 4.6% |
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