| ZIP Code | 55321 |
|---|---|
| City | Cokato |
| State | Minnesota (MN) |
| County | Wright County |
| Area Code | 320 |
| Elevation | 1,051 ft |
| Latitude | 45.087568 |
|---|---|
| Longitude | -94.19314 |
| Timezone | Chicago (DST) |
| FIPS | 27171 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 32.3 yrs ↓ 12% since 2019 |
|---|---|
| Avg Household Size | 2.91 |
| Below Poverty | 6.7% ▼ 33% below avg |
| College Grads | 31.3% ▼ 19% below avg |
| Unemployment | 2.8% ▼ 42% below avg |
| No HS Diploma | 8 (0.3%) |
| HS Graduate | 1,161 (37.5%) |
| Some College | 492 (15.9%) |
| Associates | 467 (15.1%) |
| Bachelors | 326 (10.5%) |
| Graduate Degree | 643 (20.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $81,250 ≈ Avg ↑ 29% since 2019 |
|---|---|
| Median Home Value | $265,100 ≈ Avg ↑ 40% since 2019 |
| Home/Income Ratio | 3.3x (nat avg ~3.5x) |
| Median Rent | $960/mo ↑ 21% since 2019 |
| Total Units | 2,033 |
| Vacant Units | 163 |
| Avg HH Size | 2.91 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 2,033 |
|---|---|
| Vacant | 163 |
| Owner Occupied | 78.7% |
| Renter Occupied | 21.3% |
| Avg HH Size | 2.91 |
ZIP code 55321 is located in Cokato, Minnesota, within Wright County. With a population of 5,592, this is a lightly populated ZIP code with a relatively young community — the median age is 32.3 years. Economically, 55321 is a middle-income ZIP code: the median household income of $81,250 is near the national average.
Real estate in ZIP code 55321 represents a mid-range housing market. The median home value of $265,100 is near the national average. Renters can expect to pay around $960 per month in median rent. Homeownership is strong here — 78.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 40% since 2019.
The population of 55321 is primarily White (90.34%). Residents are moderately educated — 31.3% hold a bachelor's degree or higher, which is below the national average. Poverty affects a relatively small share of residents at 6.7%. Household income has grown by 29% since 2019.
The unemployment rate in 55321 stands at 2.8%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 83%.
Overall, ZIP code 55321 in Cokato, MN is characterized as middle-income, moderately educated, a relatively young community, and predominantly owner-occupied. With 5,592 residents, a median household income of $81,250, and a median home value of $265,100, it offers a clear picture of life in this part of Minnesota.