Minnesota Lake vs Karlstad
Side-by-side comparison
How does Minnesota Lake, MN compare to Karlstad, MN? Minnesota Lake has a population of 621 with a median household income of $62,875, while Karlstad has 622 residents and a median income of $61,324. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Minnesota Lake, MN | Karlstad, MN | Difference |
|---|---|---|---|
| Population | 621 | 622 | -0.2% |
| Median Age | 45.5 | 49.7 | -8.5% |
| Foreign Born % | 0% | 0.2% | -20.0% |
| Metric | Minnesota Lake | Karlstad | Difference |
|---|---|---|---|
| Median Income | $62,875 | $61,324 | +2.5% |
| Unemployment | 3.9% | 0.7% | +320.0% |
| Poverty Rate | 12.1% | 11.8% | +2.5% |
| Bachelor's+ | 18.7% | 36.7% | -49.0% |
| Metric | Minnesota Lake | Karlstad | Difference |
|---|---|---|---|
| Home Value | $126,600 | $120,300 | +5.2% |
| Median Rent | $950/mo | $650/mo | +46.2% |
| Housing Units | 312 | 350 | -10.9% |