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The total population of Karlstad is estimated to be 662 with 307 males (46.37%) and 355 females (53.63%). There are 48 more females than males in Karlstad.
The median household income in Karlstad was $54,253 in 2021, which marked an a decrease of 661(1.20%) from $54,914 in 2020. This income is 72.72% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Karlstad sees its highest median household income among householders in the age group of 25 to 44 years old, at $67,332. Overall, the median household income for the city of Karlstad stands at $54,253.
In Karlstad, the median income for all workers aged 15 years and older, regardless of work hours, was $39,994 for males and $20,448 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $46,921 for males and $45,602 for females.
In Karlstad, population is primarily represented by White households, reporting a median income of $54,669.
In 2022, the population of Karlstad was 683, a 2.43% decrease year-by-year from 2021. Previously, in 2021, Karlstad's population was 700, a decline of 0.85% compared to a population of 706 in 2020.
The median age in Karlstad, MN is 44.9, as per 2021 ACS 5-Year Estimates. Of the total population, 16.51% were under the age of 15, 18.54% aged 15 to 29, 41.14% aged 30 to 64, 18.67% aged 65 to 84, and 5.14% were 85 years of age and older.
Racial distribution of Karlstad population: 95.81% are White, 2.71% are Black or African American, 0.14% are American Indian and Alaska Native, 0.54% are Asian, 0.41% are some other race and 0.41% are multiracial.