Karlstad, MN
622Residents
$64,000Median household income
$619/moMedian gross rent
$126,300Median home value
50.2Median age
40%Adults with a bachelor’s degree or higher
74%Homes lived in by their owners
2.0×Home value to household income
Median rent takes about 12% of the median household income in Karlstad.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $25,000 a year. In Minnesota that leaves roughly $1,708 a month after tax. See the full paycheck breakdown for $30,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.