City

Cokato, MN

1 ZIP code  ·  Wright County  ·  Minnesota

👥5,592Population
💰$81,250Median HH Income≈ Avg
🎂32.3Median Age
🏠$265,100Median Home Value≈ Avg
🎓31.3%College Grads▼ 19% below avg
📊2.8%Unemployment▼ 42% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 53.6% Female 46.4% ♀

Race & Ethnicity

White: 90.3%Hispanic: 7.4%Black: 0.3%Asian: 0.1%Other: 1.1%Race
White90.3%
Hispanic7.4%
Black0.3%
Asian0.1%
Other1.1%

Age Breakdown

Under 5
11%
5–17
24%
18–24
6%
25–44
23%
45–64
22%
65+
6%

Key Indicators

Median Age32.3 yrs
Avg HH Size2.91
Below Poverty6.7% ▼ 33% below avg
College Grads31.3% ▼ 19% below avg
Unemployment2.8% ▼ 42% below avg
No HS Diploma8 (0.3%)
HS Graduate1,161 (37.5%)
Some College492 (15.9%)
Associates467 (15.1%)
Bachelors326 (10.5%)
Graduate Degree643 (20.8%)

Education

No HS: 0.3%HS Grad: 37.5%Some College: 15.9%Associates: 15.1%Bachelors: 10.5%Graduate: 20.8%Edu
No HS0.3%
HS Grad37.5%
Some College15.9%
Associates15.1%
Bachelors10.5%
Graduate20.8%
Housing & Income

Housing Tenure

Owner: 78.7%Renter: 21.3%Tenure
Owner78.7%
Renter21.3%

Home Value Distribution

Under $50k
5%
$50k–$100k
1%
$100k–$150k
7%
$150k–$200k
15%
$200k–$300k
35%
$300k–$500k
26%
Over $500k
12%

Financials

Median HH Income$81,250 ≈ Avg
Median Home Value$265,100 ≈ Avg
Home/Income Ratio3.3x (nat avg ~3.5x)
Median Rent$960/mo
Total Housing Units2,033
Vacant Units163

Income Distribution

Under $25k
11%
$25k–$50k
15%
$50k–$75k
19%
$75k–$100k
17%
$100k–$150k
22%
$150k–$200k
10%
Over $200k
6%
Employment & Commute

How People Get to Work

Drove Alone
89%
Public Transit
1%
Walked
3%
Work From Home
7%

Commute Time

Under 15 min
33%
15–30 min
23%
30–45 min
22%
Over 45 min
23%
Housing Stock

Year Built

Before 1940
5%
1940s–1950s
5%
1960s–1970s
12%
1980s–1990s
17%
2000+
60%
About Cokato, MN

Cokato is a city in Minnesota, located in Wright County. The city spans 1 ZIP code and is home to approximately 5,592 residents. It is a relatively young city, with a median age of 32.3 years.

Economically, Cokato is a middle-income community. The median household income of $81,250 is near the national average. Approximately 6.7% of residents live below the poverty line. The unemployment rate is 2.8%, below the national average.

The real estate market in Cokato is a mid-range housing market. Median home values stand at $265,100, which is near the national average. Renters typically pay around $960 per month. Homeownership is high at 78.7%, typical of suburban and family-oriented communities.

The population of Cokato is moderately educated. 31.3% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (90.34%).

Cokato, MN offers residents above-average earning potential within Minnesota.

ZIP Codes in Cokato
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
55321 5,592 $81,250 $265,100 $960 2.8% 31.3% 78.7%