Carlton, MN
Population 891 · Minnesota
About Carlton, MN
Carlton is a small community in Minnesota with a population of 891 residents. The median household income is $61,944 per year, which is near the national average. The median age in Carlton is 50.6 years.
Housing in Carlton has a median home value of $205,300 and median monthly rent of $914. Of the 369 total housing units, the majority are owner-occupied, with 238 owner-occupied and 106 renter-occupied units.
The unemployment rate in Carlton is 12.4% and the poverty rate is 5.5%. 20.1% of residents hold a bachelor's degree or higher. The average commute time is 19.7 minutes.
Cost of Living in Carlton, MN
Compared to national averages, Carlton has a median household income of $61,944 (18% below the national median of $75,149). Home values average $205,300, which is 16% below the national median. Monthly rent at $914 is 21% below the US average of $1,163. Within Minnesota, Carlton's income is 17% below the state average of $74,221, and home values are 0% above the state median of $204,472.
Why Live in Carlton, MN?
Carlton offers affordable housing with a median home value of $205,300, below the US average of $244,900, and rent that’s lower than the national average at $914/month, and a low poverty rate of 5.5%, better than the national average. Additionally, the city features short commute times averaging just 19.7 minutes.
Potential considerations include median household income ($61,944) that falls below the national average. However, Carlton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Carlton has a population of 891 with a median age of 50.6 years. Compare Carlton with other cities to see how it stacks up, or explore all cities in Minnesota.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Carlton
What is the population of Carlton, MN?
The population of Carlton, MN is 891 according to the latest Census data.
What is the median household income in Carlton?
The median household income in Carlton, MN is $61,944 per year.
What is the median home value in Carlton?
The median home value in Carlton, MN is $205,300.
What is the average rent in Carlton?
The median monthly rent in Carlton, MN is $914.
What is the unemployment rate in Carlton?
The unemployment rate in Carlton, MN is 12.4%.