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Winchester, Massachusetts

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
23,406
Population
$230,198
Median Income
$1,215,200
Home Value
42.5
Median Age

Demographics

Winchester has a population of 23,406 with a median age of 42.5. Here is the racial and ethnic breakdown of the population:

White
71.0%
Asian
15.6%
Other
6.5%
Hispanic
3.9%
Black
3.0%
Demographic Value
Total Population23,406
Median Age42.5
White71.0%
Black or African American3.0%
Asian15.6%
Hispanic or Latino3.9%
Other / Two or More Races6.5%
Winchester, Massachusetts — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 71.0%Asian: 15.6%Other: 6.5%Hispanic/Latino: 3.9%Black: 3.0%23,406PopulationWhiteWhite71.0%AsianAsian15.6%OtherOther6.5%Hispanic/LatinoHispanic/Latino3.9%BlackBlack3.0%

Income & Economy

The median household income in Winchester is $230,198, which is 185.6% above the national median of $80,610. The per capita income is $109,898. The poverty rate is 4.7%.

$230,198
Median Household Income
$109,898
Per Capita Income
4.7%
Poverty Rate

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Education

In Winchester, 96.9% of residents age 25+ have a high school diploma or higher, and 79.5% hold a bachelor's degree or higher (50.8% with a graduate or professional degree).

HS Diploma+
96.9%
Bachelor's+
79.5%
Graduate+
50.8%
Education Level % of Adults (25+)
High School Diploma or Higher96.9%
Bachelor's Degree or Higher79.5%
Graduate or Professional Degree50.8%

Housing

The median home value in Winchester is $1,215,200, above the national median of $303,400. The median monthly rent is $2,279. The homeownership rate is 81.7%.

$1,215,200
Median Home Value
$2,279/mo
Median Rent
81.7%
Homeownership Rate
Housing Metric Value
Median Home Value$1,215,200
Median Monthly Rent$2,279
Homeownership Rate81.7%
Vacancy Rate2.1%

Salaries in Massachusetts

Explore salary data for popular occupations in Massachusetts:

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Other Cities in Massachusetts

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Frequently Asked Questions

What is the population of Winchester, Massachusetts?
The population of Winchester, Massachusetts is 23,406 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Winchester, Massachusetts?
The median household income in Winchester, Massachusetts is $230,198. This is 185.6% above the national median of $80,610.
What is the median home value in Winchester, Massachusetts?
The median home value in Winchester, Massachusetts is $1,215,200. The median monthly rent is $2,279.
What percentage of people in Winchester have a college degree?
In Winchester, Massachusetts, 79.5% of adults age 25 and older hold a bachelor's degree or higher, and 96.9% have a high school diploma or higher.
Is Winchester, Massachusetts an affordable place to live?
The home price-to-income ratio in Winchester, Massachusetts is 5.3x (median home value $1,215,200 vs. median income $230,198), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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