How many renters in Cokato, MN pay more than 30% of their income on rent?
58.1% (±15.2 points) of renting households in Cokato, MN spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
48.5% spend 35% or more.
The median renting household spends 34.2% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 58.1% (±15.2 points)
- Paying 35% or more
- 48.5% (±13.3 points)
- Median share of income
- 34.2% (±6.1 points)
Rent as a share of income in Cokato
| Share of income spent on rent | Cokato | Wright County | Minnesota | United States |
|---|---|---|---|---|
| Less than 15% | 15.7% (±10.0 points) | 12.9% | 12.9% | 12.6% |
| 15% to 19.9% | 3.3% (±3.7 points) | 16.7% | 12.9% | 12.2% |
| 20% to 24.9% | 3.9% (±4.0 points) | 15.4% | 13.9% | 12.6% |
| 25% to 29.9% | 19.0% (±11.6 points) | 13.8% | 12.1% | 11.5% |
| 30% to 34.9% | 9.6% (±7.3 points) | 8.4% | 9.7% | 9.2% |
| 35% or more | 48.5% (±13.3 points) | 32.8% | 38.4% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Cokato against Wright County, its state and the nation
| Cokato | Wright County | Minnesota | United States | |
|---|---|---|---|---|
| Paying 30% or more | 58.1% (±15.2 points) | 41.2% (±5.5 points) | 48.1% (±0.6 points) | 51.1% |
| Paying 35% or more | 48.5% (±13.3 points) | 32.8% (±4.9 points) | 38.4% (±0.5 points) | 41.9% |
| Median share of income | 34.2% (±6.1 points) | 26.8% (±1.9 points) | 29.2% (±0.3 points) | 30.6% |
| Median renter household income | $25,476 (±$8,919) | $60,350 (±$5,243) | $51,080 (±$531) | $52,966 |
| Median gross rent | $797 (±$176) | $1,288 (±$63) | $1,280 (±$7) | $1,413 |
In Cokato, the share of renters paying 30% or more of income is higher than in Wright County (41.2%).
It is not measurably different from Minnesota (48.1%).
It is not measurably different from the national figure (51.1%).
In Wright County, Cokato ranks 8 of 33 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 495 of 2,184.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Cokato
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Cokato | — | 58.1% (±15.2 points) | — |
| Cokato Township | 2.8 mi | 100.0% (±116.3 points) | Not measurably different |
| Stockholm Township | 3.6 mi | 42.9% (±68.6 points) | Not measurably different |
| Dassel | 6.3 mi | 56.2% (±14.3 points) | Not measurably different |
| Howard Lake | 6.4 mi | 24.3% (±15.5 points) | Lower |
| Dassel Township | 6.6 mi | 0.0% (±141.4 points) | Not measurably different |
| Middleville Township | 6.6 mi | 37.6% (±36.8 points) | Not measurably different |
| Victor Township | 7.1 mi | 0.0% (±116.4 points) | Not measurably different |
| Collinwood Township | 7.5 mi | 100.0% (±131.9 points) | Not measurably different |
Nearby places with a measurably lower figure: Howard Lake, MN (24.3%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Wright County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 (tie) | Cokato Township | 100.0% (±116.3 points) |
| 3 | Corinna Township | 71.9% (±39.2 points) |
| 4 | Woodland Township | 69.2% (±59.5 points) |
| 5 | French Lake Township | 66.7% (±92.5 points) |
| 6 | Otsego | 59.2% (±29.5 points) |
| 7 | South Haven | 58.3% (±88.8 points) |
| 8 | Cokato | 58.1% (±15.2 points) |
| 9 | Annandale | 57.4% (±28.9 points) |
| 10 | Delano | 46.1% (±17.8 points) |
| 11 | Buffalo | 45.5% (±12.0 points) |
| 12 | Waverly | 43.6% (±30.2 points) |
| 13 | Monticello | 43.5% (±11.4 points) |
| 14 | Stockholm Township | 42.9% (±68.6 points) |
Showing 13 of 33 places in Wright County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Cokato
Are renters in Cokato rent-burdened?
58.1% of renting households in Cokato pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Cokato spend on rent?
The median renting household in Cokato, MN spends 34.2% (±6.1 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cokato city, Minnesota
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Cokato city, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Cokato city, Minnesota
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Cokato city, Minnesota (place:12430, in state:27).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Renters and owners in Cokato
- Income and affordability in Cokato
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- Homeowner costs in Cokato
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- Types of homes in Cokato
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- Age of homes in Cokato
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- Population growth in Cokato
- How long people stay in Cokato
- Crowding and facilities in Cokato
- Minnesota landlord and tenant rules
- Housing across Wright County
- Minnesota places ranked by rent burden
- Housing data for every place in Minnesota