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ZipNumbers

Minnesota · Census place 12430

Cokato city, MN

Quick answer

Cokato city has 2,780 residents, ranking #217 of 914 places in Minnesota. Median household income is $71,090, the median home is worth $216,100 and median gross rent runs $926 a month.

Population
2,780Cokato city residents
Median household income
$71,090Past 12 months, inflation adjusted
Median home value
$216,100Owner-occupied units
Median gross rent
$926Rent plus utilities, monthly
Median age
32.6 yrsAll residents
Homeownership rate
67%Owner-occupied households

What the numbers mean in Cokato city

Housing cost measured against local earnings.

A household earning the Cokato city median would spend about 15.6% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 12.5% of residents and 67% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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