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Assisted Living in Winsted, Minnesota

There are 21 assisted living facilities serving Winsted, Minnesota. This includes 3 facilities in Winsted and 18 nearby. Assisted living costs in Minnesota range from around $29 up to $240 per day, with an average expense running approximately $113. The per month cost averages roughly $3,403 and ranges between $867 and $7,200. Yearly, the mean cost is about $40,830, which is below the national average of $42,000.

Costs of assisted living in Winsted can range between $2,276 per month and $4,605 per month. The median cost is around $3,568 per month, or about $42,810 annually.




SeniorScore™ for Winsted, Minnesota



The SeniorScore™ is calculated based on over 100 variables, some of which are shown below. The final score is curved based on a linear curving method. For More info visit senioradvice.com/seniorscore.

67

SeniorScore™ Overview

  • Winsted scores lower than the Minnesota average of 70.
  • Winsted scores lower than the national average of 72.
60

Health & Safety

  • There is a low number of Medicare registered physicians within the city limits.
  • There are no hospitals within close range of the city.
  • There are 15 senior living facilities in close proximity to the city, including St Marys Care Center, Frater Home Residence, and Good Samaritan Society - Howard Lake.
  • There is a low number of home healthcare providers operating in the city.
  • There is an average number of fire stations serving the city.
  • The average life expectancy is 81.1, compared to the national average of 78.6.
  • There are 18 pharmacies within close range of the city.
  • The area has a very low property crime rate.
  • The area has a very low violent crime rate.
55

Recreation & Leisure

  • The city has a low percentage of seniors in the population (27% of residents).
  • There are 46 golf courses in or around the city, including ShadowBrooke Golf Course, Greens at Howard Lake, The, and Cokato Town & Country Club.
  • There are 5 parks near the city center, including Codgers Cove, Collinwood Lake Park, and Collinwood Regional Park Campground.
  • There are 16 churches in or near the city, including Zion Lutheran Church Mayer, St John Lutheran Church, and St Mark Lutheran Church.
  • There are no malls / shopping centers within close range of the city.
  • There are 12 grocery stores within the city.
  • There are no movie theatres in or near the city.
  • There are 12 gyms or health clubs in or near the city.
61

Finances

  • The property taxes average 2.83% of total income, which is higher than the national average of 2.79%.
  • The property taxes average 1.10% of property value, which is significantly lower than the national average of 1.09%.
  • The city sales taxes averages 7.38%, which is higher than the national average of 6.97%.
  • Minnesota has an average state income tax of 4.79%, compared to the national average of 3.38%.
  • The city's mean household income is $65,489, which is higher than the national average of $64,580.
  • The city's median household income is $52,545, which is higher than the national median of $51,560.
  • The city's per capita income is $25,949, which is higher than the national average of $25,611.
  • Assisted living costs average $42,810 per year, which are average compared to national figures.
  • Nursing home costs average $94,451 per year, which are average compared to national costs.
  • Adult daycare costs average $15,860 per year, which are low compared to national numbers.
  • Home healthcare costs average $56,628 annually, which are very high compared to national costs.
  • The unemployment rate is about 7.01%, which is average compared to national averages.
  • The overall cost of living is high compared to national averages.
  • 0% of the senior population are financially responsible for at least one grandchild.
63

General Quality of Life

  • Winsted receives low levels of rainfall each year.
  • Winsted has very harsh mean temperatures, with very cold winters and pleasant summers.
  • This city has above average air quality.
  • Winsted has a sparse population density of 141.0 people per square mile.
  • Residents of Winsted have a long daily commute time.
  • The city has a high public transportation ridership.
  • Winsted has a very high public school quality ranking.
  • The city has a high public school safety rating.
  • This city has an average graduation rate of 87.93%.

Winsted is a small town in the State of Minnesota. It is located within McLeod County. While the encompassing statistical area contains 1,077,918 residents, there are only 2,892 living in the city limits. The senior community makes up around 27% of the overall population.

The SeniorScore™ for Winsted is 67. The average home price in the city is $226,500, which is relatively higher than the Minnesota average of $211,500. Winsted also has a moderate unemployment rate of roughly 7.01%. The city's average household income is $53,000 ($26,000 on a per capita basis), vs an average of $53,000 for the entire state of Minnesota.

Winsted has harsh average temperatures, with very cold winters and calm summers. The city receives low amounts of rain annually. In relation to other cities in the US, Winsted has an exceptionally low crime rate and above average air quality.

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