Cokato
Cokato city, Minnesota
Cokato, Minnesota, a charming small town nestled in the heart of Wright County, offers a refreshing alternative to the hustle and bustle of city life. With a population of just under 3,000 residents, Cokato exudes a welcoming, close-knit atmosphere where neighbors know each other and community events are a regular occurrence. The cost of living here is a major draw, with a median home value of around $194,100, significantly below the national average. This affordability, coupled with a median household income of roughly $64,844, makes Cokato an appealing destination for those seeking a comfortable lifestyle without breaking the bank. The town's relaxed pace and friendly locals create a truly stress-free living experience.
From an investment perspective, Cokato presents a stable and accessible real estate market. While specific unemployment figures are difficult to come by, the area's economic base, driven by agriculture and local businesses, provides a steady job market. Safety is a priority here, with low crime rates contributing to the overall quality of life. Cokato is ideal for families, retirees, or anyone desiring a slower pace of life and a strong sense of community. The town's affordable housing, coupled with its friendly atmosphere, makes it a smart choice for those seeking a balance of comfort and value in their real estate investment.
Cokato, Minnesota at a Glance
Cokato is a city in Cokato city, Minnesota with a population of approximately 2,771. The median home value is $194,100 and the median household income is $64,844. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $835 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$194,100
Median Income
$64,844
Population
2,771
Walk Score
0
Air Quality
AQI 38
Good
Climate Risk
Relatively Moderate
Good
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- Population
- 2,771
- Median Age
- N/A
- Median Household Income
- $64,844
13% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 8.0%
35% below nat'l avg
- Median Home Value
- $194,100
31% below nat'l avg
- Median Rent
- $835
28% below nat'l avg
- Homeownership Rate
- 67.2%
Near nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 1.2 per 1K
67% below nat'l avg
- Property Crime Rate
- 5.7 per 1K
70% below nat'l avg
- AQI
- 38
10% below nat'l avg
- Category
- Good
- Overall Risk
- Relatively Moderate
- Risk Score
- 77.17
Top Hazards
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 14.1¢/kWh
15% below nat'l avg
- Est. Monthly Electric
- $127
7% below nat'l avg
- Unemployment Rate
- 2.3%
38% below nat'l avg
- Poverty Rate
- 8.0%
35% below nat'l avg
Weather & Climate in Cokato
Avg High
54°F
Avg Low
36°F
Annual Rainfall
31.7"
Avg Humidity
70%
Political Landscape
→ Politically stable
Based on Benton County county-level presidential election data
Culture & Things to Do in Cokato
Cokato Corn Carnival
Annual festival featuring a parade, carnival rides, and community events.
Cokato Museum Annual Ice Cream Social
A summer event at the Cokato Museum with ice cream and community gathering.
Dassel Days
A community celebration with parades, food vendors, and entertainment.
Cokato Summer Concert Series
Free outdoor concerts held throughout the summer months.
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