Winsted employment information

IndexWinstedMinnesotaNational
Income per capita$23,884$33,225$29,829
Median household income$52,366$63,217$55,322
Median income owner occupied$63,500$77,618$70,586
Median income renter occupied$33,750$34,348$35,192
Median earnings male$41,434$40,933$36,919
Median earnings female$21,667$29,114$26,250
Unemployment rate3.3%3.4%4.7%
Poverty level6.8%10.8%15.1%
The Winsted, MN employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Winsted is $23,884, which is 28% lower than than the Minnesota average and 20% lower than than the national average. The median household income is $52,366, which is 17% lower than than the Minnesota average and 5% lower than than the national average. The unemployment rate in Winsted is 3%, which is 30% lower than than the national average. The poverty rate in Winsted is 7% which is 55% lower than than the national average.

am i middle class

$Input your household income
$34,907$52,366$104,732
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.

Did you know?

  • The income per capita in Winsted is 20% lower than the national average.
  • The median household income in Winsted is 5% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Winsted is 30% lower than the national average.
  • The poverty level in Winsted is 55% lower than the national average.

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Compare Winsted, MN Employment To Other Cities

Employment status

Hours worked per week

Winsted median earnings by income bracket

Winsted employment by industry

Labour TypeMaleFemale
Construction industry7.0%0.9%
Manufacturing sector31.6%0.9%
Financial & insurance services3.1%0.0%
Wholesale & retail services9.3%9.1%
Public administration1.6%2.8%
Transportation, warehousing & utilities5.7%1.9%
Education, health & social services16.8%37.2%
Other24.8%32.0%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Mayer, MN1,973$90,53664%
Waconia, MN11,523$87,39458%
St. Bonifacius, MN2,596$85,48955%
Cologne, MN1,655$81,71948%
Delano, MN5,754$78,11441%
Winsted, MN2,412$52,3665%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Wilkinson Heights, SC2,411$24,48756%
Granville, NY2,413$36,47734%
Egypt, PA2,413$77,01439%
Lebanon South, PA2,413$56,4292%
Eagle Lake, FL2,411$47,06515%
Winsted, MN2,412$52,3665%
Source: The Winsted, MN employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).