Winsted, MN Employment - Median Household Income, Unemployment Rate

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12%

Income/capita NAT. AVG.

9%

Household income NAT. AVG.

92%

Unemployment NAT. AVG.

Index	Winsted	Minnesota	National
Income per capita	$26,341	$33,225	$29,829
Median household income	$50,598	$63,217	$55,322
Median income owner occupied	$58,125	$77,618	$70,586
Median income renter occupied	$18,077	$34,348	$35,192
Median earnings male	$36,914	$40,933	$36,919
Median earnings female	$25,603	$29,114	$26,250
Unemployment rate	0.4%	3.4%	4.7%
Poverty level	16.4%	10.8%	15.1%

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Key findings

The income per capita in Winsted is 12% lower than the national average
The median household income in Winsted is 9% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Winsted is 92% lower than the national average
The poverty level in Winsted is 9% higher than the national average

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am i middle class

$33,728 $50,598 $101,196

City

$42,140 $63,217 $126,434

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Winsted median earnings by income bracket

Winsted employment by industry

Labour Type	Male	Female
Construction industry	15.8%	15.8%
Manufacturing sector	31.8%	31.8%
Financial & insurance services	0.7%	0.7%
Wholesale & retail services	14.3%	14.3%
Public administration	0.9%	0.9%
Transportation, warehousing & utilities	5.6%	5.6%
Education, health & social services	9.7%	9.7%
Other	18.6%	18.6%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Delano, MN	6,167	$101,845	84.1%
Mayer, MN	2,313	$100,958	82.5%
Waconia, MN	12,281	$100,583	81.8%
Cologne, MN	2,199	$99,514	79.9%
Biscay, MN	213	$96,250	74.0%
Winsted, MN	2,036	$50,598	8.5%

Cities with similar population

City	Population	Household Income	National Avg.
Ellijay, GA	2,036	$40,114	27.5%
Clio, MI	2,036	$33,977	38.6%
Oakes, ND	2,036	$75,848	37.1%
Erma, NJ	2,036	$83,889	51.6%
Conneaut Lakeshore, PA	2,036	$60,333	9.1%
Winsted, MN	2,036	$50,598	8.5%

Source: The Winsted, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).