Carlton, Minnesota Median Income

Carlton, Minnesota has a population of 945, with a median household income of $58,400.

Current median income data for Carlton.

$58,400

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Population

945

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Median Income

$58,400

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Unemployment

4.50%

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Housing Price

$195,000

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Crime Rate

24.10

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Internet Speed

200.00 Mbps

Carlton is a small local community located in Minnesota. The city has a population that is below the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Carlton is a notable city in Minnesota, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Carlton has a population of 945, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Carlton is $58,400, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Carlton is about $195,000, making it relatively affordable compared to many cities in Minnesota.

Employment and Safety

The unemployment rate in Carlton is 4.50%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Carlton are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Minnesota, Carlton shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Carlton offers a balanced mix of economic conditions, population trends, and housing opportunities within Minnesota.

Frequently Asked Questions about Carlton

What is the population of Carlton?

The population of Carlton is approximately 945.

Is Carlton a good place to live?

Carlton offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Carlton?

The median household income in Carlton is around $58,400.

How expensive is housing in Carlton?

The average housing price in Carlton is approximately $195,000.