Winfield, IN
Population 7,501 · Indiana
About Winfield, IN
Winfield is a small town located in Indiana with a population of 7,501 residents according to the latest US Census Bureau American Community Survey data. The median household income is $128,980 per year, which is 72% above the national median of $75,149. The median age of 38.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Winfield features a median home value of $401,200, which is 64% above the national median of $244,900. This places Winfield in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,981, 70% above the national average of $1,163/month. Of the 2,665 total housing units, 95% are owner-occupied (2,205 units) and 5% are renter-occupied (121 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Winfield shows an unemployment rate of 4.5%, which is near the national rate of 3.7%. The poverty rate stands at 3.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Winfield have an average one-way commute time of 33.1 minutes.
Education & Demographics
38.7% of Winfield residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 3.7% White, 0.5% Hispanic or Latino, 2.2% Black or African American, and 3.5% Asian residents, with 12.6% of the population being foreign-born.
How Winfield Ranks in Indiana
Cost of Living in Winfield, IN
Compared to national averages, Winfield has a median household income of $128,980 (72% above the national median of $75,149). Home values average $401,200, which is 64% above the national median. Monthly rent at $1,981 is 70% above the US average of $1,163. Within Indiana, Winfield's income is 86% above the state average of $69,330, and home values are 146% above the state median of $163,409.
Why Live in Winfield, IN?
Winfield offers a strong local economy with a median household income of $128,980, well above the national average, and a well-educated community where 38.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $401,200. However, Winfield’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Winfield has a population of 7,501 with a median age of 38.7 years. Compare Winfield with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Winfield
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Tell City | 7,490 | $50,702 | $121,200 | Compare |
| Lakes of the Four Seasons | 7,338 | $116,778 | $300,500 | Compare |
| Scottsburg | 7,338 | $38,027 | $123,900 | Compare |
| North Vernon | 7,214 | $48,235 | $107,900 | Compare |
| South Haven | 7,177 | $78,530 | $163,500 | Compare |
| Nappanee | 7,040 | $66,944 | $209,000 | Compare |
| Brazil | 8,064 | $49,331 | $105,900 | Compare |
| Charlestown | 8,118 | $77,548 | $191,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Winfield With Other Cities
Frequently Asked Questions about Winfield
What is the population of Winfield, IN?
The population of Winfield, IN is 7,501 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Indiana.
What is the median household income in Winfield?
The median household income in Winfield, IN is $128,980 per year, which is 72% above the national median of $75,149.
What is the median home value in Winfield?
The median home value in Winfield, IN is $401,200, which is 64% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Winfield?
The median monthly rent in Winfield, IN is $1,981, which is 70% above the national average of $1,163/month.
What is the unemployment rate in Winfield?
The unemployment rate in Winfield, IN is 4.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Winfield, IN a good place to live?
Winfield offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 7,501 and a median age of 38.7, the city appeals to a broad range of residents.
How educated is Winfield, IN?
38.7% of residents in Winfield aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Winfield?
Key cost-of-living indicators for Winfield, IN: median home value is $401,200 (64% above national), median rent is $1,981/month, and median household income is $128,980. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Winfield?
The poverty rate in Winfield, IN is 3.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Winfield, IN?
Winfield's population is 3.7% White, 0.5% Hispanic or Latino, 2.2% Black or African American, 3.5% Asian, and 1.7% two or more races. 12.6% of residents are foreign-born.