Karlstad vs Minnesota Lake
Side-by-side comparison
How does Karlstad, MN compare to Minnesota Lake, MN? Karlstad has a population of 622 with a median household income of $61,324, while Minnesota Lake has 621 residents and a median income of $62,875. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Karlstad, MN | Minnesota Lake, MN | Difference |
|---|---|---|---|
| Population | 622 | 621 | +0.2% |
| Median Age | 49.7 | 45.5 | +9.2% |
| Foreign Born % | 0.2% | 0% | +20.0% |
| Metric | Karlstad | Minnesota Lake | Difference |
|---|---|---|---|
| Median Income | $61,324 | $62,875 | -2.5% |
| Unemployment | 0.7% | 3.9% | -82.1% |
| Poverty Rate | 11.8% | 12.1% | -2.5% |
| Bachelor's+ | 36.7% | 18.7% | +96.3% |
| Metric | Karlstad | Minnesota Lake | Difference |
|---|---|---|---|
| Home Value | $120,300 | $126,600 | -5.0% |
| Median Rent | $650/mo | $950/mo | -31.6% |
| Housing Units | 350 | 312 | +12.2% |