City

Winchester, IN

1 ZIP code  ·  Randolph County  ·  Indiana

👥8,137Population
💰$66,335Median HH Income▼ 13% below avg
🎂41.9Median Age
🏠$110,000Median Home Value▼ 61% below avg
🎓21.7%College Grads▼ 44% below avg
📊6.6%Unemployment▲ 34% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 49.5% Female 50.5% ♀

Race & Ethnicity

White: 96.1%Hispanic: 1%Black: 0.2%Asian: 0.9%Other: 1.6%Race
White96.1%
Hispanic1.0%
Black0.2%
Asian0.9%
Other1.6%

Age Breakdown

Under 5
5%
5–17
17%
18–24
10%
25–44
22%
45–64
25%
65+
9%

Key Indicators

Median Age41.9 yrs
Avg HH Size2.44
Below Poverty10.2% ≈ Avg
College Grads21.7% ▼ 44% below avg
Unemployment6.6% ▲ 34% above avg
No HS Diploma29 (0.6%)
HS Graduate2,057 (40.5%)
Some College949 (18.7%)
Associates939 (18.5%)
Bachelors405 (8%)
Graduate Degree699 (13.8%)

Education

No HS: 0.6%HS Grad: 40.5%Some College: 18.7%Associates: 18.5%Bachelors: 8%Graduate: 13.8%Edu
No HS0.6%
HS Grad40.5%
Some College18.7%
Associates18.5%
Bachelors8.0%
Graduate13.8%
Housing & Income

Housing Tenure

Owner: 78.8%Renter: 21.2%Tenure
Owner78.8%
Renter21.2%

Home Value Distribution

Under $50k
10%
$50k–$100k
35%
$100k–$150k
23%
$150k–$200k
13%
$200k–$300k
10%
$300k–$500k
6%
Over $500k
4%

Financials

Median HH Income$66,335 ▼ 13% below avg
Median Home Value$110,000 ▼ 61% below avg
Home/Income Ratio1.7x (nat avg ~3.5x)
Median Rent$780/mo
Total Housing Units3,689
Vacant Units438

Income Distribution

Under $25k
15%
$25k–$50k
19%
$50k–$75k
23%
$75k–$100k
17%
$100k–$150k
16%
$150k–$200k
4%
Over $200k
6%
Employment & Commute

How People Get to Work

Drove Alone
91%
Walked
2%
Work From Home
6%

Commute Time

Under 15 min
55%
15–30 min
15%
30–45 min
14%
Over 45 min
16%
Housing Stock

Year Built

Before 1940
5%
1940s–1950s
12%
1960s–1970s
12%
1980s–1990s
6%
2000+
65%
About Winchester, IN

Winchester is a city in Indiana, located in Randolph County. The city spans 1 ZIP code and is home to approximately 8,137 residents. It is a middle-aged city, with a median age of 41.9 years.

Economically, Winchester is a solidly middle-class community. The median household income of $66,335 is near the national average. Approximately 10.2% of residents live below the poverty line. The unemployment rate is 6.6%, above the national average.

The real estate market in Winchester is one of the more affordable housing markets in the country. Median home values stand at $110,000, which is well below the national average. Renters typically pay around $780 per month. Homeownership is high at 78.8%, typical of suburban and family-oriented communities.

The population of Winchester is less-educated. 21.7% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (96.12%).

Winchester, IN offers residents a cost-conscious lifestyle within Indiana.

ZIP Codes in Winchester
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
47394 8,137 $66,335 $110,000 $780 6.6% 21.7% 78.8%