Cokato, MN Employment - Median Household Income, Unemployment Rate

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C

20%

Income/capita NAT. AVG.

1%

Household income NAT. AVG.

37%

Unemployment NAT. AVG.

Index	Cokato	Minnesota	National
Income per capita	$23,991	$33,225	$29,829
Median household income	$56,136	$63,217	$55,322
Median income owner occupied	$75,429	$77,618	$70,586
Median income renter occupied	$32,875	$34,348	$35,192
Median earnings male	$45,000	$40,933	$36,919
Median earnings female	$34,340	$29,114	$26,250
Unemployment rate	2.9%	3.4%	4.7%
Poverty level	9.3%	10.8%	15.1%

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Key findings

The income per capita in Cokato is 20% lower than the national average
The median household income in Cokato is 1% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Cokato is 37% lower than the national average
The poverty level in Cokato is 39% lower than the national average

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am i middle class

$37,420 $56,136 $112,272

City

$42,140 $63,217 $126,434

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Cokato median earnings by income bracket

Cokato employment by industry

Labour Type	Male	Female
Construction industry	14.6%	14.6%
Manufacturing sector	26.2%	26.2%
Financial & insurance services	2.3%	2.3%
Wholesale & retail services	17.4%	17.4%
Public administration	0.8%	0.8%
Transportation, warehousing & utilities	4.8%	4.8%
Education, health & social services	6.1%	6.1%
Other	27.8%	27.8%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Mayer, MN	2,313	$100,958	82.5%
Waverly, MN	1,513	$95,368	72.4%
Montrose, MN	3,505	$72,375	30.8%
Maple Lake, MN	2,162	$68,295	23.4%
Darwin, MN	302	$67,500	22.0%
Cokato, MN	2,726	$56,136	1.5%

Cities with similar population

City	Population	Household Income	National Avg.
Clarion, IA	2,726	$39,884	27.9%
Dayton, OR	2,726	$65,784	18.9%
Gervais, OR	2,726	$72,411	30.9%
Beach City, TX	2,726	$150,417	171.9%
Parksdale, CA	2,725	$53,690	3.0%
Cokato, MN	2,726	$56,136	1.5%

Source: The Cokato, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).