Karlstad is a city located in Minnesota. With a 2020 population of 701, it is the 417th largest city in Minnesota and the 11883rd largest city in the United States. Karlstad is currently declining at a rate of -0.85% annually and its population has decreased by -7.76% since the most recent census, which recorded a population of 760 in 2010. Karlstad reached it's highest population of 761 in 2010. Spanning over 2 miles, Karlstad has a population density of 466 people per square mile.
The average household income in Karlstad is $54,494 with a poverty rate of 12.42%. The median rental costs in recent years comes to $554 per month, and the median house value is $80,000. The median age in Karlstad is 40.3 years, 35.9 years for males, and 42.1 years for females. For every 100 females there are 79.0 males.