Originally known as Scilly Cove, the name was changed to Winterton in 1912 to honor a former Newfoundland Prime Minister, Sir James S. Winter. The Fishery is the major source of employment as many residents are employed at the local fish processing plants. Other residents work at a senior citizens home, local hardware dealer and other small businesses.
Some residents commute to nearby communities for employment.
The residential and business tax rates in the Town of Winterton are competitive with other towns on the Baccalieu Trail. Municipal Services Winterton incorporated on April 15, 1964. Winterton Town Council consists of six councilors and a mayor.