HomeMinnesotaWright CountyCokato
Cokato, Minnesota: commercial real estate data.
Cokato 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 since FY2020.
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$92,500
- Largest approval$350,000
- Jobs supported44
- Jobs per approval11.0
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term102 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS3
Counted by borrower city: approvals to borrowers whose address is in Cokato, in any county, FY2020 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
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$524,500
- Largest approval$1,668,000
- Jobs supported78
- Loans with a final outcome8
- Charged off0
- Median term240 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Cokato, in any county, FY2010 to FY2026. Only 8 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Cokato
Flood risk in Cokato
- NFIP communityCity of Cokato
- NFIP community number270537
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date06/20/24(M)
The City of Cokato participates in the National Flood Insurance Program as community 270537 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Wright County, not Cokato
Wright County context, not Cokato figures
- Establishments in Wright County3,680
- Covered employment, Wright County48,758
- Average annual pay, Wright County$55,999
- Housing units permitted, Wright County1,264
Every figure in this section is published for Wright County as a whole and is not a measurement of Cokato.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $595,000 since FY2020, across 3 lenders, median approval $92,500, plus 10 504 approvals worth $5.9 m since FY2010. 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 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Cokato in the National Flood Insurance Program?
Yes. Cokato appears in the FEMA Community Status Book as Cokato, city of, community 270537, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Cokato figures?
No, and they are labeled 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?
No. Nothing on this page presents parcel level zoning.