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
Compare with nearby places
Places of similar size in Minnesota.
- Dodge Center city 2,864
- Caledonia city 2,825
- Albany city 2,800
- Barnesville city 2,757
- Roseau city 2,728
- Cohasset city 2,700
- Chatfield city 2,693
Keep going
More Minnesota coverage.