56732, Karlstad, MN

Karlstad, MN is located in the central part of the state and has a population of about 16,000. The median home value in Karlstad is $128,900 which is lower than the statewide median home value of $214,500. Karlstad also has a lower percentage of homeownership than the statewide average at 63%.

The 56732 zip code has a higher percentage of owner-occupied homes than the statewide average. This may be due to the lower median home value and higher percentage of homeownership in this zip code. Additionally, Karlstad has a high rate of renter-occupied homes which may be due to its low median home value or low homeownership rate.

There are several factors that could contribute to the high rate of renter-occupied homes in Karlstad. One reason may be that this zip code has a lower median home value which makes it more affordable for people to rent instead of buy. Additionally, Karlstad's population is made up mostly of singles and families with children who may not be able to afford a home on their own.