In 2023, Karlstad, MN had a population of 622 people with a median age of 49.7 and a median household income of $61,324. Between 2022 and 2023 the population of Karlstad, MN declined from 662 to 622, a −6.04% decrease and its median household income grew from $50,536 to $61,324, a 21.3% increase.
The 5 largest ethnic groups in Karlstad, MN are White (Non-Hispanic) (97.7%), Two+ (Non-Hispanic) (1.29%), Black or African American (Non-Hispanic) (0.643%), American Indian & Alaska Native (Non-Hispanic) (0.161%), and Asian (Non-Hispanic) (0.161%).
None of the households in Karlstad, MN reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
100% of the residents in Karlstad, MN are U.S. citizens.
In 2023, the median property value in Karlstad, MN was $120,300, and the homeownership rate was 69.6%.
Most people in Karlstad, MN drove alone to work, and the average commute time was 25.2 minutes. The average car ownership in Karlstad, MN was 1 car per household.