Winchester is a town in Kentucky with a population of approximately 18,000. Retirees will feel welcome, as they make up 18% of the population compared to 14% nationally. By a slim 54%-46% margin, homeowners slightly outnumber renters in Winchester. With a relatively low average rent of $675/month in the city, renting remains an affordable option, particularly compared to other cities in Kentucky. Over the course of a year, renters in Winchester will save around $1,300 compared to the state average.
Winchester has an average commute time of about 23 minutes. Many residents (37%) drive their car or truck to work, while public transportation is not used. A small percentage of commuters walk to work.
There are three primary industries in Winchester: manufacturing, retail, and healthcare. Together, these industries account for 19% of the city's labor force. Meanwhile, looking at job function, 7% of the city's population works in sales, which ranks as the top profession in the city. With an average annual income of just over $54K, Winchester workers earn less than their peers elsewhere in Kentucky. The city's average income also falls below the national average of $73,345. Compared to the national average, Winchester has a large number of residents older than 25 with a high school degree or GED (25%). Furthermore, 10% possess a Bachelor's degree and 3% have earned a Master's degree or Doctorate.
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