HomeMinnesotaWright CountyCokato city
Cokato city, Minnesota: commercial real estate data.
Cokato city is a Census city of 2,782 people across 1.55 square miles of land, in Wright County. Median household income is $70,288, 67.2 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $595,000.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Cokato
What Cokato is
- Census place typecity
- Land area1.55 sq mi
- Water area0 sq mi
- Population per square mile of land1,789
- County holding the largest share of its areaWright County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cokato
How many people live in Cokato
- Population2,782
- Median age33.3
- Population under 18879 plus or minus 185
- Share under 1831.6 percent plus or minus 6.7
- Population 65 and over508 plus or minus 109
- Share 65 and over18.3 percent plus or minus 3.9
- Households1,043
- Family households657
- Share of households that are families63.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cokato
Income and work in Cokato
- Median household income$70,288 plus or minus $14,654
- Per capita income$31,663
- Civilian labor force1,168
- Employed1,131
- Unemployed37 plus or minus 26
- Unemployment rate3.2 percent plus or minus 2.2
- Adults 25 and over1,697
- Adults 25 and over with a high school diploma or higher87.3 percent
- Adults 25 and over with a bachelor degree or higher15.4 percent plus or minus 3.9
- Adults 25 and over with a graduate degree5.0 percent plus or minus 2.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cokato
Housing in Cokato
- Housing units1,089
- Occupied units1,043
- Vacant units46 plus or minus 30
- Vacancy rate4.2 percent plus or minus 2.7
- Owner occupied701
- Renter occupied342 plus or minus 104
- Ownership rate67.2 percent
- Median owner-occupied home value$223,300
- Median gross rent, monthly$797 plus or minus $176
- Annual rent as a share of median income13.6 percent plus or minus 4.1
- Single family units705
- Share single family64.7 percent
- Units in buildings of two or more314 plus or minus 93
- Share in buildings of two or more28.8 percent plus or minus 7.8
- Mobile homes70 plus or minus 44
- Median year structure built1973
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cokato
How Cokato gets to work
- Workers 16 and over who commute1,000
- Commuting under 15 minutes367 plus or minus 97
- Share commuting under 15 minutes36.7 percent plus or minus 8.7
- Commuting 30 minutes or more391 plus or minus 93
- Share commuting 30 minutes or more39.1 percent plus or minus 8.2
- Drove alone80.0 percent
- Carpooled5.7 percent plus or minus 2.7
- Public transport1.8 percent plus or minus 1.7
- Walked2.4 percent plus or minus 1.6
- Worked from home9.7 percent plus or minus 5.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cokato
SBA loans in Cokato (7(a))
- Approvals4
- Gross approval$595,000
- Average approval$148,750
- Median approval$120,000
- Ninetieth percentile approval$350,000
- Largest approval$350,000
- Jobs supported44
- Jobs per approval11.0
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS3
A charge-off rate is not published here. only 2 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Cokato
SBA loans in Cokato (504)
- Approvals10
- Gross approval$5,943,000
- Average approval$594,300
- Median approval$534,000
- Largest approval$1,668,000
- Jobs supported78
- Loans with a final outcome8
- Charged off0
- Median term240 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Wright County, not Cokato
Wright County context, not Cokato figures
These are Wright County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Cokato measurements.
- Establishments in Wright County3,680
- Employment at those establishments, Wright County42,944
- Covered employment, Wright County48,758
- Average annual pay, Wright County$55,999
- Average weekly wage, Wright County$1,077
- Housing units permitted, Wright County1,264
- Of those, single family, Wright County1,032
- County product, 2024, Wright County$7,314,179,000
- County product change over the prior year, Wright County6.5 percent
- Average income of an arriving household, Wright County$79,885
Every figure in this section is published for Wright County as a whole and is not a measurement of Cokato. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Cokato questions, answered from the record.
How many people live in Cokato, Minnesota?
2,782, in 1,043 households. Cokato city covers 1.55 square miles of land, which is 1,789 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Cokato in?
Wright County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Cokato?
$70,288. The median owner-occupied home is valued at $223,300. Median gross rent is $797 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Cokato businesses?
4 7(a) approvals totalling $595,000, across 3 lenders, median approval $120,000, plus 10 504 approvals worth $5.9 m. These count approvals to borrowers whose address is in Cokato, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Cokato borrowers get paid back?
No rate is published for Cokato. only 2 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Cokato figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Wright County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Cokato.
Is zoning published for Cokato?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.