Winnetoon was founded circa 1892 and was incorporated as a village in 1900. It was named after the Wisconsin farm of an acquaintance of a railroad official. A post office has been in operation in Winnetoon since 1891.
As of the census of 2010, there were 68 people, 31 households, and 20 families living in the village. The population density was. There were 40 housing units at an average density of. The racial makeup of the village was 95.6% White and 4.4% Native American. There were 31 households of which 16.1% had children under the age of 18 living with them, 58.1% were married couplesliving together, 3.2% had a female householder with no husband present, 3.2% had a male householder with no wife present, and 35.5% were non-families. 25.8% of all households were made up of individuals and 6.5% had someone living alone who was 65 years of age or older. The average household size was 2.19 and the average family size was 2.70. The median age in the village was 51.5 years. 17.6% of residents were under the age of 18; 4.4% were between the ages of 18 and 24; 16.1% were from 25 to 44; 48.5% were from 45 to 64; and 13.2% were 65 years of age or older. The gender makeup of the village was 54.4% male and 45.6% female.
2000 census
As of the census of 2000, there were 70 people, 33 households, and 22 families living in the village. The population density was 243.6 people per square mile. There were 37 housing units at an average density of 128.8 per square mile. The racial makeup of the village was 100.00% White. There were 33 households out of which 21.2% had children under the age of 18 living with them, 48.5% were married couples living together, 18.2% had a female householder with no husband present, and 33.3% were non-families. 30.3% of all households were made up of individuals and 21.2% had someone living alone who was 65 years of age or older. The average household size was 2.12 and the average family size was 2.64. In the village, the population was spread out with 20.0% under the age of 18, 1.4% from 18 to 24, 25.7% from 25 to 44, 30.0% from 45 to 64, and 22.9% who were 65 years of age or older. The median age was 46 years. For every 100 females, there were 100.0 males. For every 100 females age 18 and over, there were 93.1 males. As of 2000 the median income for a household in the village was $19,000, and the median income for a family was $20,625. Males had a median income of $25,625 versus $22,083 for females. The per capita income for the village was $13,270. There were 18.2% of families and 15.2% of the population living below the poverty line, including 35.3% of under eighteens and none of those over 64.
