Cokato, MN Profile: Facts & Data

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Cokato, Minnesota - Basic Facts

The City of Cokato had a population of 3,052 as of July 1, 2019. Cokato ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Minnesota. See peer rankings below.

The primary coordinate point for Cokato is located at latitude 45.0758 and longitude -94.19 in Wright County. The formal boundaries for the City of Cokato encompass a land area of 1.56 sq. miles and a water area of 0 sq. miles. Wright County is in the Central time zone (GMT -6). The elevation is 1,053 feet.

The City of Cokato (GNIS ID: 2393588) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alternate Unofficial Names for Cokato: City of Cokato.

Jump to... (On This Page!)
  1. Cokato 2019 Demographic Data
  2. Growth Rates for Cokato (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Minnesota Research Tools (Easy Tools & Current Data)
  3. Minnesota Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Cokato, MN Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Cokato, MN Housing Affordability Index is 159
State of Minnesota Housing Affordability Index is 135
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Cokato, MN Wealth Index is 73
State of Minnesota Wealth Index is 112
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Minnesota COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 3,052 (100%)
Population in Households 2,974 (97.4%)
Population in Families 2,461 (80.6%)
Population in Group Quarters1 78 ( 2.6%)
Population Density 1,982
Diversity Index2 21
 

INCOME

Median Household Income $56,096
Average Household Income $72,079
Per Capita Income $26,544
Wealth Index4 73

HOUSING

Total Housing Units 1,252 (100%)
Owner Occupied HU 797 (63.7%)
Renter Occupied HU 343 (27.4%)
Vacant Housing Units 112 ( 8.9%)
Median Home Value $181,494
Housing Affordability Index3 159
 

HOUSEHOLDS

Total Households 1,140
Average Household Size 2.61
Family Households 753
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 1.36% 1.72%
Households 1.43% 1.73%
Families 1.57% 1.72%
Median Household Income   3.0%
Per Capita Income   3.48%

Cokato, MN - Peer Comparisons by Rank and Percentile

The table below compares Cokato to the other 903 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 210 77th
Population Density # 81 91st
Diversity Index # 292 68th
Median Household Income # 530 41st
Per Capita Income # 699 23rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.

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