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Winsted

Learn about the people, housing, costs and businesses in Winsted, Connecticut

Median Home$221,353
Median Rent$1,215/month
Population7,226
Leading IndustriesPublic Administration · Finance & Insurance · Information & Media29% public administration
Home Value Growth⬆⬆+12.9% over 2 years
Young Adults29% of residentsslightly above average
Homeowners62% of occupied units
NotableAmenity Score71/100 · highly walkable area
Winsted
CT

Frequently Asked Questions

What are today's mortgage rates in Winsted?

As of today, the 30-year fixed mortgage rate for Winsted is approximately 7.005% (7.045% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Winsted?

The median home value in Winsted is $221k. The median monthly rent is $1,215. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Winsted?

Home values in Winsted have increased 12.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Winsted?

Based on a typical all-in ownership cost of $1,302/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $56k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Winsted is $63k/year.

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What industries drive the economy in Winsted?

The largest employment sectors in Winsted are public administration (29%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.