Karlstad, a city located in the state of Minnesota (MN), is home to a population of approximately 662 people. Karlstad boasts a median age of 48.6, with around 36.6% of its residents aged 60 or above. 6.3% of the population identifies as US Veterans. 12.4% of Karlstad residents are disabled. The city has an average household income of $50,536, while the unemployment rate stands at 1.3%, and around 13.9% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Karlstad is $116,511, with a monthly rent averaging $495.