Minnesota · Census place 32444
Karlstad city, MN
Quick answer
Karlstad city has 622 residents, ranking #452 of 914 places in Minnesota. Median household income is $61,324, the median home is worth $120,300 and median gross rent runs $650 a month.
- Population
- 622Karlstad city residents
- Median household income
- $61,324Past 12 months, inflation adjusted
- Median home value
- $120,300Owner-occupied units
- Median gross rent
- $650Rent plus utilities, monthly
- Median age
- 49.7 yrsAll residents
- Homeownership rate
- 69.6%Owner-occupied households
What the numbers mean in Karlstad city
Housing cost measured against local earnings.
A household earning the Karlstad city median would spend about 12.7% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.8% of residents and 69.6% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Minnesota.
- Ellendale city 626
- Brownsville city 624
- Cleveland city 622
- Clear Lake city 621
- La Prairie city 621
- Minnesota Lake city 621
- Eagle Bend city 620
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More Minnesota coverage.