Cokato, MN is a small town located in Wright County, with a population of 55321. The 2 Bedroom Rent in Cokato is quite affordable at just $1,210 compared to the US average of $1,430. Likewise, the Grocery Cost Index in Cokato is 98 compared to the US standard of 100. \nOne local company that serves Cokato is Quality Appliance Repair. This business provides 24/7 appliance repair services for residents and businesses alike. They specialize in major appliance brands such as Whirlpool, Maytag, GE and many more. Another great business that has been around since 1873 serving Cokato is Gopher State Bank. This full-service bank offers personal banking solutions along with mortgage and loan options to its customers. Finally, if you are looking for something different than your usual grocery store experience then there is Stapleton's Meat Market which specializes in quality meats from local farmers as well as homemade smoked sausages and other specialties.
Cokato (zip 55321) has an unemployment rate of 4.5%. The US average is 6.0%.
Cokato (zip 55321) has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 36.1%, which is higher than the US average of 33.5%.
Tax Rates for Cokato (zip 55321)
- The Sales Tax Rate for Cokato (zip 55321) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Cokato (zip 55321) is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Cokato (zip 55321)
- The average income of a Cokato (zip 55321) resident is $29,401 a year. The US average is $37,638 a year.
- The Median household income of a Cokato (zip 55321) resident is $72,402 a year. The US average is $69,021 a year.