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US City Data

Winchester, MA

Population 22,862 · Massachusetts

Population
22,862
Median Income
$218,176
Median Home Value
$1,181,700
Median Rent
$2,271/mo

About Winchester, MA

Winchester is a mid-sized city in Massachusetts with a population of 22,862 residents. The median household income is $218,176 per year, which is above the national average. The median age in Winchester is 43 years.

Housing in Winchester has a median home value of $1,181,700 and median monthly rent of $2,271. Of the 8,283 total housing units, the majority are owner-occupied, with 6,714 owner-occupied and 1,340 renter-occupied units.

The unemployment rate in Winchester is 3.0% and the poverty rate is 3.9%. 78.4% of residents hold a bachelor's degree or higher. The average commute time is 30.8 minutes.

How Winchester Ranks in Massachusetts

Highest Income Cities
#6
of 50 cities · $218,176
Most Educated Cities
#14
of 50 cities · 78.4%
Best Job Markets
#47
of 50 cities · 3.0%

Cost of Living in Winchester, MA

Compared to national averages, Winchester has a median household income of $218,176 (190% above the national median of $75,149). Home values average $1,181,700, which is 383% above the national median. Monthly rent at $2,271 is 95% above the US average of $1,163. Within Massachusetts, Winchester's income is 107% above the state average of $105,630, and home values are 111% above the state median of $561,296.

Income vs National
$218,176
National: $75,149
Massachusetts: $105,630
Home Value vs National
$1,181,700
National: $244,900
Massachusetts: $561,296
Rent vs National
$2,271
National: $1,163
Massachusetts: $1,574
Unemployment vs National
3%
National: 3.7%
Massachusetts: 5.6%

Why Live in Winchester, MA?

Winchester offers a strong local economy with a median household income of $218,176, well above the national average, and a strong job market with an unemployment rate of just 3.0%, and a well-educated community where 78.4% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.9%, better than the national average.

Potential considerations include a competitive housing market where the typical home costs $1,181,700. However, Winchester’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.

Winchester has a population of 22,862 with a median age of 43 years. Compare Winchester with other cities to see how it stacks up, or explore all cities in Massachusetts.

Similar Cities Near Winchester

Cities in Massachusetts with a similar population size.

CityPopulationMedian IncomeHome Value
Stoneham22,986$112,635$629,000Compare
Wilmington23,195$161,473$646,200Compare
Gardner21,075$62,948$271,300Compare
Dedham25,109$124,375$630,400Compare
Marblehead20,334$165,859$906,200Compare
Reading25,448$163,725$741,100Compare
Burlington26,223$142,207$679,400Compare
Winthrop Town18,807$106,357$606,900Compare

Demographics

43
Median Age
10,867
Male
11,995
Female
20.2%
Foreign Born

Racial & Ethnic Composition

White0.4Hispanic/Latino0.5Black0.2Asian2.5Two or More3

Economy & Education

3%
Unemployment Rate
3.9%
Poverty Rate
78.4%
Bachelor's Degree+
30.8 min
Avg Commute

Housing

8,283
Total Housing Units
6,714
Owner Occupied
1,340
Renter Occupied

Other Cities in Massachusetts

AbingtonAcushnet CenterAdamsAgawam TownAmesbury TownAmherst Town

Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.

Compare Winchester With Other Cities

Winchester vs AbingtonWinchester vs Acushnet CenterWinchester vs AdamsWinchester vs Agawam Town

Frequently Asked Questions about Winchester

What is the population of Winchester, MA?

The population of Winchester, MA is 22,862 according to the latest Census data.

What is the median household income in Winchester?

The median household income in Winchester, MA is $218,176 per year.

What is the median home value in Winchester?

The median home value in Winchester, MA is $1,181,700.

What is the average rent in Winchester?

The median monthly rent in Winchester, MA is $2,271.

What is the unemployment rate in Winchester?

The unemployment rate in Winchester, MA is 3.0%.

Explore More

Cost of Living in MassachusettsMost Populated Cities in MassachusettsCheapest Cities in MassachusettsHighest Income Cities in MassachusettsLowest Rent in MassachusettsBest Cities for FamiliesBest Cities for Young ProfessionalsBest Cities for RetireesGuide: Cost Of LivingGuide: Moving GuideWinchester vs AbingtonWinchester vs Acushnet CenterWinchester vs Adams