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CITY · 2020 ACS

Karlstad

Minnesota · 710 residents · 1.503 sq mi
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The short version

Karlstad has notably lower household income than the US average, with a median household income of $48,462. Population has declined 11% since 2000. Median home value has more than doubled since 2000, reaching $89,200. With a median age of 46.7, the population is older than the US median of 38.8. Households here earn about 34% less than the Minnesota median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 46.7
US median: 38.8
Less educated
27% hold a bachelor's degree
US average: 33%
Less affordable
home values up 37%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
710
−11%since 2000
from 794 in 2000
1990 – 2025
Population density
472 / sq mi
−11%since 2000
from 528 / sq mi in 2000
US average: 280
Median age
46.7
+4%since 2000
from 44.8 in 2000
US average: 38.8
Population, 1990 – 2024
5936807668529391990201020202024Karlstad
2024622
1990201020202024
Section 02

Income & economy

Median household income
$48,462
+28%inflation adjusted, since 2000
from $25,208 in 2000
US average: $66,278
1990 – 2024
Per capita income
$25,770
+94%since 2000
from $13,274 in 2000
US average: $35,364
Households earning $100K+
21.0%
+5.6 ptssince 2009
from 15.4% in 2009
US average: 43.9%
Poverty rate
10.8%
−2.6 ptssince 2000
from 13.4% in 2000
US average: 12.8%
Workforce by industry, 2020
Information16.9%
US avg: 11.1%
Retail trade10.2%
US avg: 10%
Wholesale trade5.3%
US avg: 6.7%
Finance & insurance4.7%
US avg: 5.5%
Agriculture, forestry, fishing4.4%
US avg: 1.7%
Construction4.4%
US avg: 1.2%
Transportation & warehousing4.2%
US avg: 2.5%
Education & health services2.5%
US avg: 0.8%
Professional, scientific, technical2.2%
US avg: 4.7%
Arts, entertainment, food1.1%
US avg: 2%
Manufacturing0%
US avg: 0.5%
Other services0%
US avg: 6.6%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$89,200
+37%inflation adjusted, since 2000
from $43,400 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$577
+21%inflation adjusted, since 2000
from $317 in 2000
US average: $1,124
Owner-occupied
71.7%
+4.6 ptssince 2000
from 67.1% in 2000
28.3% rent
Afford Score
1.8
+7%since 2000
from 1.7 in 2000
1990 – 2024
RELATED:See current rent listings in Karlstad on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic97.6%(775)
Black0%(0)
Hispanic / Latino0.4%(3)
Asian0%(0)
Other0%
Diversity Score1%(8)
2020
White, non-Hispanic93.2%(662)
Black0.1%(1)
Hispanic / Latino0.6%(4)
Asian0.4%(3)
Other2.9%(21)
Diversity Score10.1%(72)
Diversity Score
10
+954%since 2000
from 1 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
26.7%
+13.5 ptssince 2000
from 13.2% in 2000
US average: 32.9%
High school or higher
96.1%
+23.4 ptssince 2000
from 72.8% in 2000
US average: 88.5%
Graduate degree
5.2%
+2.8 ptssince 2000
from 2.4% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
20.1 min
+6%since 2000
from 19.1 min in 2000
US average: 26.9
Drive alone to work
70.8%
+0.8 ptssince 2009
from 70.0% in 2009
US average: 75.1%
No vehicle available
9.1%
+2.4 ptssince 2009
from 6.7% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
1.9%
+0.6 ptssince 2011
from 1.3% in 2011
US average: 5.4%
Labor force participation
60.7%
−0.2 ptssince 2011
from 60.9% in 2011
US average: 63.4%
Management & professional
28.8%
−31.7 ptssince 2009
from 60.5% in 2009
US average: 39.3%
Section 08

People & community

Male
45.0%
+2.7 ptssince 2009
from 42.3% in 2009
Female
55.0%
−2.7 ptssince 2009
from 57.7% in 2009
Foreign born
1.3%
+1.3 ptssince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
8.0%
−85.4 ptssince 2013
from 93.4% in 2013
US average: 8.8%
Drill deeper

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KARLSTAD VS
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KARLSTAD VS
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KARLSTAD VS
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Frequently asked

How many people live in Karlstad, Minnesota?

Karlstad, Minnesota has about 710 residents according to the 2020 American Community Survey.

What is the median household income in Karlstad, Minnesota?

The typical household in Karlstad, Minnesota earns about $48,462 a year. Half of households make more than that, and half make less.

Is Karlstad, Minnesota expensive?

In Karlstad, Minnesota, the median home is worth about $89,200, and the typical rent is about $577 a month.

How educated are people in Karlstad, Minnesota?

About 26.7% of adults age 25 and over in Karlstad, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Karlstad, Minnesota?

About 10.8% of people in Karlstad, Minnesota live below the federal poverty line.

Has Karlstad, Minnesota grown since 1990?

Yes, Karlstad, Minnesota has shrunk since 1990. The population has lost about 200 residents, a change of about -22 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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