Living in Cokato, Minnesota
Cost of living, income, home prices, rent and demographics of Cokato · Census data 2020–2024
Cokato has 2,782 residents with a median age of 33.3. The median household income is $70,288 (21% lower than the Minnesota median), the median home value is $223,300, the median rent is $797/month.
Cokato at a glance
- Population
- 2,782
- Median age
- 33.3State: 38.8
- Median household income
- $70,288State: $89,062
- Median home value
- $223,300State: $329,300
- Median rent
- $797/moState: $1,280
- Homeowners
- 67.2%
- Bachelor's degree or higher
- 15.4%
- Average commute
- 29 min
Is Cokato a good place to live?
Pros: Home values 32% lower than the state median; unemployment of 3.2%.
Cons: Median household income 21% lower than the Minnesota median; an average commute of 29 minutes; a poverty rate of 14.4%.
The weather is best in June to September.
Cost of living in Cokato
Housing is the biggest part of the cost of living. In Cokato the median home value is $223,300, 33% lower than the U.S. median. Renters pay a median of $797 per month, which is 34.2% of household income. Homeowners with a mortgage pay $1,526 a month in housing costs.
Cokato median household income
The median household income in Cokato is $70,288 and the income per person is $31,663. 14.4% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Cokato: homes for sale and rent
- Housing units
- 1,089
- Owner-occupied
- 67.2%
- Renter-occupied
- 32.8%
- Vacant
- 4.2%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 2.55
Cokato demographics
- Population
- 2,782
- Median age
- 33.3
- Under 18
- 31.6%
- 65 and older
- 18.3%
- Households
- 1,043
- Foreign-born
- 5.4%
- Veterans
- 9%Adults 18+
Hispanic or Latino can be of any race. Population history of Cokato ›
Education in Cokato
15.4% of adults 25 and older in Cokato have a bachelor's degree or higher (Minnesota: 39.4%), and 5% have a graduate or professional degree.
Jobs and commute in Cokato
- Unemployment rate
- 3.2%State: 4.1%
- Average commute
- 29 minState: 23 min
- Work from home
- 9.7%
- Drive alone
- 80%
- Public transit
- 1.8%
- Walk to work
- 2.4%
- Homes with broadband
- 85.9%
Cokato vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cokato | 2,782 | $70,288 | $223,300 | $797 |
| Dassel | 1,358 | $59,946 | $236,800 | $866 |
| Howard Lake | 1,832 | $92,188 | $273,600 | $911 |
| Kingston | 206 | $100,357 | $221,900 | — |
| Winsted | 2,181 | $67,200 | $201,900 | $834 |
| Waverly | 2,285 | $112,222 | $323,100 | $941 |
| Darwin | 358 | $70,000 | $175,000 | $791 |
| Silver Lake | 815 | $74,432 | $202,600 | $844 |
| Annandale | 3,399 | $65,583 | $251,800 | $971 |
More for people moving to Cokato
Cokato ZIP code ›Weather and climate ›Living in Cokato: FAQ
What is the median household income in Cokato, MN?
The median household income in Cokato is $70,288, 21% lower than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Cokato?
The median home value in Cokato is $223,300, compared with $329,300 in Minnesota.
How much is rent in Cokato?
The median gross rent in Cokato is $797 per month, about 34.2% of household income.
Is Cokato, MN a good place to live?
Pluses: home values 32% lower than the state median; unemployment of 3.2%. Minuses: median household income 21% lower than the Minnesota median; an average commute of 29 minutes; a poverty rate of 14.4%.
What is the median age in Cokato?
The median age in Cokato is 33.3 years (Minnesota: 38.8).
How long is the commute in Cokato?
The average commute to work in Cokato is 29 minutes; 9.7% of workers work from home.
What is the unemployment rate in Cokato?
The unemployment rate in Cokato is 3.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cokato?
15.4% of adults in Cokato have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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