HomeMinnesotaKittson CountyKarlstad city
Karlstad city, Minnesota: commercial real estate data.
Karlstad city is a Census city of 622 people across 1.50 square miles of land, in Kittson County. Median household income is $64,000, 74.4 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $25,000.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Karlstad
What Karlstad is
- Census place typecity
- Land area1.5 sq mi
- Water area0 sq mi
- Population per square mile of land414
- County holding the largest share of its areaKittson County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Karlstad
How many people live in Karlstad
- Population622
- Median age50.2
- Population under 18137 plus or minus 35
- Share under 1822.0 percent
- Population 65 and over174 plus or minus 56
- Share 65 and over28.0 percent plus or minus 7.7
- Households266
- Family households162 plus or minus 39
- Share of households that are families60.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Karlstad
Income and work in Karlstad
- Median household income$64,000 plus or minus $14,374
- Per capita income$34,509
- Civilian labor force295 plus or minus 59
- Employed293 plus or minus 60
- Unemployed2 plus or minus 5
- Unemployment rate0.7 percent plus or minus 1.7
- Adults 25 and over453
- Adults 25 and over with a high school diploma or higher99.3 percent
- Adults 25 and over with a bachelor degree or higher39.5 percent plus or minus 11.7
- Adults 25 and over with a graduate degree2.0 percent plus or minus 2.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Karlstad
Housing in Karlstad
- Housing units321
- Occupied units266
- Vacant units55 plus or minus 27
- Vacancy rate17.1 percent plus or minus 8.0
- Owner occupied198 plus or minus 41
- Renter occupied68 plus or minus 30
- Ownership rate74.4 percent
- Median owner-occupied home value$126,300
- Median gross rent, monthly$619 plus or minus $209
- Annual rent as a share of median income11.6 percent plus or minus 4.7
- Single family units229
- Share single family71.3 percent
- Units in buildings of two or more84 plus or minus 34
- Share in buildings of two or more26.2 percent plus or minus 9.8
- Mobile homes8 plus or minus 7
- Median year structure built1965
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Karlstad
How Karlstad gets to work
- Workers 16 and over who commute283 plus or minus 59
- Commuting under 15 minutes117 plus or minus 38
- Share commuting under 15 minutes41.3 percent plus or minus 10.4
- Commuting 30 minutes or more110 plus or minus 27
- Share commuting 30 minutes or more38.9 percent
- Drove alone65.2 percent plus or minus 18.4
- Carpooled16.7 percent plus or minus 6.7
- Public transport0.0 percent
- Walked14.7 percent plus or minus 10.1
- Worked from home3.4 percent plus or minus 2.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Karlstad
SBA loans in Karlstad (7(a))
- Approvals1
- Gross approval$25,000
- Average approval$25,000
- Median approval$25,000
- Ninetieth percentile approval$25,000
- Largest approval$25,000
- Jobs supported23
- Jobs per approval23.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term48 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Kittson County, not Karlstad
Kittson County context, not Karlstad figures
These are Kittson County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Karlstad measurements.
- Establishments in Kittson County144
- Employment at those establishments, Kittson County1,067
- Covered employment, Kittson County1,436
- Average annual pay, Kittson County$49,935
- Average weekly wage, Kittson County$960
- Housing units permitted, Kittson County4
- Of those, single family, Kittson County4
- County product, 2024, Kittson County$222,916,000
- County product change over the prior year, Kittson County-21.2 percent
- Average income of an arriving household, Kittson County$47,644
Every figure in this section is published for Kittson County as a whole and is not a measurement of Karlstad. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Karlstad questions, answered from the record.
How many people live in Karlstad, Minnesota?
622, in 266 households. Karlstad city covers 1.50 square miles of land, which is 414 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Karlstad in?
Kittson County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Karlstad?
$64,000. The median owner-occupied home is valued at $126,300. Median gross rent is $619 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Karlstad businesses?
1 7(a) approvals totalling $25,000, across 1 lenders, median approval $25,000. These count approvals to borrowers whose address is in Karlstad, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Karlstad borrowers get paid back?
No rate is published for Karlstad. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Karlstad figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Kittson County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Karlstad.
Is zoning published for Karlstad?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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