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Karlstad city, Minnesota Demographics & Population 2026

Very AffordableHome value to income ratio of 2.0x is exceptionally low

As of 2026, Karlstad city, Minnesota has a total population of 622, the 451st largest city in Minnesota, with a median household income of $61,324, which is 30% lower than the state average. The poverty rate is 11.8%.

Key Takeaways

Karlstad city Quick Facts

Population 622
Median Household Income $61,324
Median Home Value $120,300
Poverty Rate 11.8%
Unemployment Rate 0.7%
Median Age 49.7 years
Homeownership Rate 69.6%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 36.7%
High School Graduation Rate 98.7%
Diversity Index 4/100
Population 622 451st of 913
Median Income $61,324 below average
Poverty Rate 11.8% 5% lower national
Median Home Value $120,300 below average

How Karlstad city Compares

Economy & Housing

Employment

0.7% Unemployment Rate State: 3.9% | National: 5.2%
54.4% Labor Force Participation

Housing Overview

Owner 69.6%
Renter 30.4%
Affordability Index Very Affordable
2.0x home value to income ratio

People & Demographics

Diversity Index

4out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Karlstad city Rankings in Minnesota

#451 Population of 913
#553 Median Income of 913
#142 Education of 913
#604 Home Value of 913

Other Cities in Kittson County

CityPopulationMedian IncomePovertyHome Value
Hallock city 829 $65,543 11.6% $125,000
Lancaster city 344 $65,313 2.3% $118,200
Kennedy city 185 $46,875 3.8% $67,700
Lake Bronson city 175 $46,250 10.4% $42,900
St. Vincent city 47 $49,167 6.4% $65,000
Halma city 46 $52,500 28.9% $77,500
Humboldt city 42 N/A 45.2% $209,400
Donaldson city 4 N/A 100.0% N/A

Cities Similar to Karlstad city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Minnesota Lake city621$62,875$126,60018.7%12.1%
Brownsville city624$63,977$161,60023.4%9.0%
Brewster city605$59,688$130,5008.3%6.9%
Deerwood city649$62,679$214,70030.5%9.4%
Wabasso city598$63,900$105,10020.9%8.0%

Population Overview

Karlstad city is a small community located in Minnesota, within Kittson County. The total population is 622. It ranks as the 451st most populous out of 913 cities and towns in Minnesota.

Age Demographics

The median age in Karlstad city is 49.7 years. This is 29% higher than the state median of 38.6 years. 16.2% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Karlstad city is $61,324. This is 30% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 22% lower. The poverty rate stands at 11.8%. This is 28% higher than the state poverty rate of 9.2%. The unemployment rate is 0.7%. This is 82% lower than the state rate of 3.9%. The median home value is $120,300. Housing costs are 61% lower than the state median of $305,500. With a home-value-to-income ratio of just 2.0x, Karlstad city is one of the most affordable housing markets in the area. 69.6% of occupied housing units are owner-occupied. This homeownership rate is 4% lower than the state average of 72.4%.

Race & Ethnicity

Karlstad city has a predominantly White (non-Hispanic) population, comprising 97.8% of all residents. Black or African American residents account for 0.6%. The Black or African American population (0.6%) is well below the state average of 6.7%. The Asian population (0.2%) is well below the state average of 5.0%.

Education

36.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 6% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.7%.

Data Sources & Methodology

All demographic data for Karlstad city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Karlstad city, Minnesota?

Karlstad city, Minnesota has a population of 622 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Karlstad city, MN?

The median household income in Karlstad city is $61,324, which is 22% lower the national median of $78,538.

What is the poverty rate in Karlstad city, MN?

The poverty rate in Karlstad city is 11.8%. This means approximately 66 residents live below the federal poverty line.

What is the racial makeup of Karlstad city, Minnesota?

Karlstad city's population is 97.8% White, 0.6% Black, 0.0% Hispanic/Latino, and 0.2% Asian.

What is the median home value in Karlstad city, MN?

The median home value in Karlstad city is $120,300. The home-value-to-income ratio is 2.0x.

How educated is Karlstad city, Minnesota?

36.7% of adults (25+) in Karlstad city hold a bachelor's degree or higher, and 1.8% hold a graduate or professional degree.