Economy & Jobs — Karlstad, Minnesota
Income & Employment
| Median Household Income (Census) | $64,000 |
|---|
| Estimated 2026 | ~$69,900 |
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| Per Capita Income | $32,006 |
|---|
| Poverty Rate | 11.9% |
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| Unemployment Rate | 0.7% |
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| In Labor Force | 284 |
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Top Industries
| Industry | Share |
|---|
| Education Healthcare | 32.3% |
| Retail | 13.9% |
| Manufacturing | 12.2% |
Local Businesses (County)
| Type | Count |
|---|
| Gas Stations | 4 |
| Commercial Banks | 4 |
| Full Service Restaurants | 4 |
| Grocery Stores | 3 |
| General Merchandise | 3 |
| Insurance Agencies | 3 |
| Bars | 3 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
