Interested in purchasing investment houses in the 55321 zip code in Cokato, MN?
The zip code 55321 is in Wright county with a latitude of -94.192750000000 and longitude of 45.084140000000, is in the state of Minnesota. The average asking price of houses and condos is $158,893.00 and the average sale price was $106,231.00. this regions is classified as the Minneapolis - Saint Paul metro area and is in the 320 area code. The location in degrees is 45° 5' 2.904" N, 94° 11' 33.9" W. The county F.I.P.S. is 27171. The total land area is 81.2 square miles and the water area is 2.3 square miles. The elevation in this area is 1001 - 1096 feet. The zip code is on central standard time and observes daylight savings time.
The zip 55321 is in county number 171 and is L. Sector 00, L. Segment 01, H. Sector 20, and H. Segment 20. The population was 5,429 in 2019 and 5,341 in 2010. Of this, the break down in 2019 was 2,968 urban and 2,460 rural. This further breaks down to 2,853 males (52.5%) and 2,576 females (47.5%). The median age of residents is 37.2 years. The population of the greater Minneapolis-St. Paul-Bloomington, MN-WI area is 3,328,053. The population density (people per square mile) is 67. This zip code has a combined total of 2,057 houses and condos. There are 527 rented appartments. 28% of residents rent versus the 28% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $51,980 and the average salary is $42,037. The median household income of individuals is $56,781.00 and the average is $61,510.00. This zip code has a mean commute time to work of 28.4 minutes. The unemployment rate is 1.8%. Income earners by percent breakdown as 42.70% (Under $50,000), 41.30% ($50,000-$100,000), and 16.00% earn over $100,000. 6.2% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 111.2. The educational breakdown is 91.9% have a high school education or higher, 18.1% have a bachelor's degree or higher, and 5.2% have some kind of profesional degree.
This area has 1,789 households and the average size is 2.8 people. Individuals who are single and have never been married are 29.3%, 51.7% are now married, 1.3% are separated, 6.0% are widowed, and 11.7% are divorced. The average yearly contribution amount given by people to charity was $3,773 versus the state average of $3,948. The percent of residents who gave to charity was 28.3%.
The estimated median value of houses and condos is $210,092. The median monthly owner costs of mortgage holders was $1,490, where as the costs for those who don't have a mortgage are $467. The median number of rooms in houses and condos are 7.1 versus apartments which had a median number of 4.7.
The real estate tax percent rate is 0.8% which equated to an average real estate tax amount payment of $1,766. In comparision, the average real estate tax percent rate in the state is 1.1% which equated to an average real estate tax amount payment in the state of $2,670. The median housing property tax percent for residents with mortgages was 0.8% which amounted to an average tax amount of $1,724. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.9% which amounted to an average tax amount of $1,819. Reported taxable interest for persons was $881, dividends $1,911, capital gains +$23,980, and itemized deductions $20,208. The average earned income tax credit is $1,943. The percent of individuals that use a tax preparer is 59.6%. The total average income taxes paid by individuals was $6,608. Businesses reported an average profit of $12,550.
Bait & Hook Seafood and Grill
525 Cokato St E, Cokato, MN 55321
Red Goat Bar & Grill
525 Cokato St W, Cokato, MN 55321
Iron Horse Grill & Saloon
230 Millard Ave SW, Cokato, MN 55321
Teresa's Mexican Restaurant
16314 30th St SW, Cokato, MN 55321
Teresa's Mexican Restaurant
16314 County Road 30 SW, Cokato, MN 55321
Lucky Kitchen
14001 Us Highway 12 SW, Cokato, MN 55321
Mean Gene's Grill
240 Cokato St E, Cokato, MN 55321
Broadway B's Dining
15020 70th St SW, Cokato, MN 55321
The Grounds
15256 Us Highway 12 SW, Cokato, MN 55321
Peet's Coffee & Tea
310 Cokato St W, Cokato, MN 55321
The Grounds
511 Cokato St E, Cokato, MN 55321
Trouble's
928 6th St, Howard Lake, MN 55349 (6 miles away)
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