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Karlstad is considered a Small Town with a population of 714 and 157 businesses. 0 in 2018 were added to the Karlstad Chamber of Commerce business directory which was less than 2017 which had 0.

The economy of Karlstad employs 440 people and has an unemployment rate of 3.7%. Some of the largest industries in Karlstad are Professional Services (11),Church & Religious Associations & Organization (6), and Pumpkin Patches (6).
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