Cokato employment information

IndexCokatoMinnesotaNational
Income per capita$24,283$33,225$29,829
Median household income$49,886$63,217$55,322
Median income owner occupied$59,948$77,618$70,586
Median income renter occupied$26,362$34,348$35,192
Median earnings male$37,727$40,933$36,919
Median earnings female$25,656$29,114$26,250
Unemployment rate5.6%3.4%4.7%
Poverty level13.9%10.8%15.1%
The Cokato, MN employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Cokato is $24,283, which is 27% lower than than the Minnesota average and 19% lower than than the national average. The median household income is $49,886, which is 21% lower than than the Minnesota average and 10% lower than than the national average. The unemployment rate in Cokato is 6%, which is 20% higher than than the national average. The poverty rate in Cokato is 14% which is 8% lower than than the national average.

am i middle class

$Input your household income
$33,254$49,886$99,772
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.

Did you know?

  • The income per capita in Cokato is 19% lower than the national average.
  • The median household income in Cokato is 10% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Cokato is 20% higher than the national average.
  • The poverty level in Cokato is 8% lower than the national average.

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Compare Cokato, MN Employment To Other Cities

Employment status

Hours worked per week

Cokato median earnings by income bracket

Cokato employment by industry

Labour TypeMaleFemale
Construction industry18.4%2.3%
Manufacturing sector29.2%7.4%
Financial & insurance services2.7%3.0%
Wholesale & retail services11.1%16.5%
Public administration4.7%1.2%
Transportation, warehousing & utilities8.6%0.0%
Education, health & social services6.4%34.3%
Other18.9%25.4%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Mayer, MN1,973$90,53664%
Waverly, MN1,446$76,71939%
Montrose, MN3,046$65,13218%
Maple Lake, MN2,119$61,11110%
New Germany, MN404$55,1790%
Cokato, MN2,722$49,88610%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Quarryville, PA2,722$56,8753%
Juneau, WI2,723$49,05311%
Stroud, OK2,721$46,17217%
Redwood, OR2,723$36,43534%
Centreville, AL2,720$43,43821%
Cokato, MN2,722$49,88610%
Source: The Cokato, MN employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).