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Winsted - Silver Lake, MN

This is a small community in a single neighborhood. As throughout the site, some neighborhood-level data are reserved for subscribers.





Overview


Winsted - Silver Lake is a somewhat small town located in the state of Minnesota. With a population of 5,354 people and just one neighborhood, Winsted - Silver Lake is the 147th largest community in Minnesota.

Occupations and Workforce

Because occupations involving physical labor dominate the local economy, Winsted - Silver Lake is generally considered to be a blue-collar town. 35.29% of the Winsted - Silver Lake workforce is employed in blue-collar occupations, compared to the national average of 27.7%. Overall, Winsted - Silver Lake is a town of sales and office workers, professionals, and service providers. There are especially a lot of people living in Winsted - Silver Lake who work in office and administrative support (11.40%), management occupations (9.93%), and sales jobs (7.48%).

One interesting thing about the economy is that relatively large numbers of people worked from their home: 9.13% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Setting & Lifestyle

Demographics

In terms of college education, the citizens of Winsted - Silver Lake rank slightly lower than the national average. 13.71% of adults 25 and older in Winsted - Silver Lake have a bachelor's degree or advanced degree, while 21.84% of adults have a 4-year degree or higher in the average American community.

The per capita income in Winsted - Silver Lake in 2018 was $34,456, which is upper middle income relative to Minnesota and the nation. This equates to an annual income of $137,824 for a family of four. However, Winsted - Silver Lake contains both very wealthy and poor people as well.

The people who call Winsted - Silver Lake home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Winsted - Silver Lake residents report their race to be White, followed by Black or African-American. Important ancestries of people in Winsted - Silver Lake include German, Polish, Norwegian, Irish, and Czech.

The most common language spoken in Winsted - Silver Lake is English. Other important languages spoken here include Spanish and Slavic languages.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Diversity

Did you know that the neighborhood has more German and Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 50.6% of this neighborhood's residents have German ancestry and 2.1% have Finnish ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the neighborhood in Winsted - Silver Lake are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 50.8% of the neighborhoods in America. In addition, 5.4% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 64.1% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the neighborhood, 34.0% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 31.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.1%), and 15.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the neighborhood is English, spoken by 95.5% of households. Some people also speak Spanish (3.9%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the neighborhood in Winsted - Silver Lake, MN, residents most commonly identify their ethnicity or ancestry as German (50.6%). There are also a number of people of Polish ancestry (11.4%), and residents who report Norwegian roots (8.9%), and some of the residents are also of Irish ancestry (8.5%), along with some English ancestry residents (5.0%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (36.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (83.1%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (6.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
Average Home Values
Rental Market
Housing Market Details
Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
School District Enrollment
Educational Expenditures

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