Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 47.7 yrs |
|---|---|
| Avg HH Size | 2.15 |
| Below Poverty | 8.5% ▼ 15% below avg |
| College Grads | 45.2% ▲ 17% above avg |
| Unemployment | 2.0% ▼ 60% below avg |
| No HS Diploma | 2 (0.3%) |
| HS Graduate | 234 (34%) |
| Some College | 67 (9.7%) |
| Associates | 74 (10.8%) |
| Bachelors | 105 (15.3%) |
| Graduate Degree | 206 (29.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $67,841 ▼ 11% below avg |
|---|---|
| Median Home Value | $150,700 ▼ 46% below avg |
| Home/Income Ratio | 2.2x (nat avg ~3.5x) |
| Median Rent | $650/mo |
| Total Housing Units | 541 |
| Vacant Units | 115 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Karlstad is a city in Minnesota, located in Kittson County. The city spans 1 ZIP code and is home to approximately 978 residents. It is a mature city, with a median age of 47.7 years.
Economically, Karlstad is a solidly middle-class community. The median household income of $67,841 is near the national average. Approximately 8.5% of residents live below the poverty line. The unemployment rate is 2.0%, well below the national average.
The real estate market in Karlstad is an affordable housing market. Median home values stand at $150,700, which is below the national average. Renters typically pay around $650 per month. Homeownership is high at 79.3%, typical of suburban and family-oriented communities.
The population of Karlstad is well-educated. 45.2% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (97.24%).
Karlstad, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56732 | 978 | $67,841 | $150,700 | $650 | 2.0% | 45.2% | 79.3% |