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The total population of Cokato is estimated to be 2,771 with 1,455 males (52.51%) and 1,316 females (47.49%). There are 139 less females than males in Cokato.
The median household income in Cokato was $65,905 in 2021, which marked an an increase of 2,295(3.61%) from $63,610 in 2020. This income is 88.34% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Cokato sees its highest median household income among householders in the age group of 25 to 44 years old, at $86,757. Overall, the median household income for the city of Cokato stands at $65,905.
In Cokato, the median income for all workers aged 15 years and older, regardless of work hours, was $49,992 for males and $26,482 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $67,188 for males and $51,940 for females.
In Cokato, population is primarily represented by White households, reporting a median income of $67,519.
In 2022, the population of Cokato was 2,773, a 0.54% decrease year-by-year from 2021. Previously, in 2021, Cokato's population was 2,788, a decline of 0.11% compared to a population of 2,791 in 2020.
The median age in Cokato, MN is 36.7, as per 2021 ACS 5-Year Estimates. Of the total population, 26.18% were under the age of 15, 14.23% aged 15 to 29, 42.18% aged 30 to 64, 13.47% aged 65 to 84, and 3.95% were 85 years of age and older.
Racial distribution of Cokato population: 88.27% are White, 0.36% are Black or African American, 1.34% are American Indian and Alaska Native, 0.62% are Asian, 3.15% are some other race and 6.26% are multiracial.