ZIP Code 55321 is associated with the city of Cokato in Minnesota (Wright County) in the U.S. The median household income is $62,765, while about 4% of the population is living below the poverty line. About 91.7% of residents in this Minnesota region have a high school degree or higher, while the per capita income is estimated at $26,770. The median age in ZIP Code 55321 is approximately 36.8 years, with 18.5% of residents aged 62 years and older. The current population estimate is 5,371.
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The median household income in ZIP Code 55321 is $62,765, while the region's mean household income is $74,944. Breaking income down further, per capita income in the region is $26,770. The per capita income in ZIP Code 55321 of $26,770 is approximately 28.85% less than the per capita income in the U.S. overall of $37,625. An estimated 4.2% of the population is living below the poverty line in this region. This rate is approximately 55.79% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 20.4% of the population in 55321 earn $50,000 to $74,999 per year, while an estimated 17.5% earn $75,000 to $99,999 per year, and 2.9% of 55321 residents earn $200,000 or more per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 3.0% |
| $10,000 to $14,999 per year | 3.4% |
| $15,000 to $24,999 per year | 9.9% |
| $25,000 to $34,999 per year | 7.7% |
| $35,000 to $49,999 per year | 14.2% |
| $50,000 to $74,999 per year | 20.4% |
| $75,000 to $99,999 per year | 17.5% |
| $100,000 to $149,999 per year | 14.3% |
| $150,000 to $199,999 per year | 6.7% |
| $200,000 or more per year | 2.9% |
In ZIP Code 55321, 91.7% of the population graduated high school, while 17.6% have a bachelor's degree or higher. In this region, 3.0% achieved an education level less than 9th grade, while 5.0% hold a graduate or professional degree. Approximately 36.6% in this Wright County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 3.0% |
| 9th to 12th grade, no diploma | 5.3% |
| High school graduate (includes equivalency) | 36.6% |
| Some college, no degree | 24.1% |
| Associate's degree | 13.4% |
| Bachelor's degree | 12.6% |
| Graduate or professional degree | 5.0% |
Looking at race in the population that makes up ZIP Code 55321, 98.0% is one race, while 2.0% are two or more races. Approximately 5.5% of 55321 residents are hispanic or Latino (of any race). The most common race in 55321 (race alone or in combination with one or more other races), is White (95.4%), followed by Black or African American (2.3%) .
| Industry | Percent |
|---|---|
| White | 95.4% |
| Black or African American | 2.3% |
| American Indian and Alaska Native | 1.1% |
| Asian | 0.9% |
| Native Hawaiian and Other Pacific Islander | 0.3% |
| Some other race | 2.0% |
Residents of ZIP Code 55321 are younger than average. The median age of 36.8 years in ZIP Code 55321 is approximately 3.41% lower than the overall median age in the U.S. of 38.1 years. About 70.9% of residents are aged 18 years and older, and 18.5% of residents are 62 years and over. Approximately 12.4% of the population in 55321 falls in the age group 35 to 44 years, while an estimated 11.6% are aged 45 to 54 years. On the low end of the scale, 3.2% of 55321 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 6.6% |
| 5 to 9 years | 7.9% |
| 10 to 14 years | 8.3% |
| 15 to 19 years | 9.6% |
| 20 to 24 years | 5.7% |
| 25 to 34 years | 10.1% |
| 35 to 44 years | 12.4% |
| 45 to 54 years | 11.6% |
| 55 to 59 years | 7.5% |
| 60 to 64 years | 6.1% |
| 65 to 74 years | 7.4% |
| 75 to 84 years | 3.8% |
| 85 years and over | 3.2% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 55321 is current access to health insurance, as an estimated 93.4% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 55321 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 93.4% |
| Risk Behavior | Percent of adults* |
|---|
Regarding the age of homes in ZIP Code 55321, an estimated 24.4% of homes were built in 1939 or earlier. Additionally, 16.1% of homes in the region were built between 1970 and 1979, while an estimated 0.3% of homes were built between 2010 and 2013 in this Wright County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 1.1% |
| Built between 2010 and 2013 | 0.3% |
| Built between 2000 and 2009 | 14.6% |
| Built between 1990 and 1999 | 15.9% |
| Built between 1980 and 1989 | 11.3% |
| Built between 1970 and 1979 | 16.1% |
| Built between 1960 and 1969 | 5.7% |
| Built between 1950 and 1959 | 4.3% |
| Built between 1940 and 1949 | 6.3% |
| Built in 1939 or earlier | 24.4% |
In 55321, 67.8% of the population is in the labor force. Recent estimates place 4.0% as working from home, while the total labor force in the region has a mean travel to time to work of 27.7 minutes. Approximately 22.4% of the employed population 16 years and over in 55321 work in manufacturing, while an estimated 21.0% work in educational services, and health care and social assistance. On the lower end of the scale, just 0.4% of 55321 workers 16 years and over work in information.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 5.7% |
| Construction | 11.7% |
| Manufacturing | 22.4% |
| Wholesale trade | 2.3% |
| Retail trade | 10.1% |
| Transportation and warehousing, and utilities | 3.8% |
| Information | 0.4% |
| Finance and insurance, and real estate and rental and leasing | 3.7% |
| Professional, scientific, management, and administrative | 6.5% |
| Educational services, and health care and social assistance | 21.0% |
| Arts, entertainment, and recreation, and accommodation and food services | 6.1% |
| Other services, except public administration | 5.5% |
| Public administration | 0.9% |
In ZIP Code 55321, 96.1% of the population lists "English only" as the language spoken in home, while 2.8% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 0.3% of homes, and other Indo-European languages are spoken in 0.3% of homes. Lastly, 0.5% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Wright County region.
| Language Spoken | Percent |
|---|---|
| English only | 96.1% |
| Spanish | 2.8% |
| Other Indo-European languages | 0.3% |
| Asian and Pacific Islander languages | 0.3% |
| Other languages | 0.5% |
Regarding solar power potential, ZIP Code 55321 has an average daily solar radiation level of 4.85 kWh/m2/day. This is approximately 17.72% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 26.4% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 55321 | 10.54¢/kWh | 8.42¢/kWh | 7.69¢/kWh |
| Minnesota | 16.32¢/kWh | 13.1¢/kWh | 9.79¢/kWh |
| United States | 16.62¢/kWh | 13.58¢/kWh | 8.81¢/kWh |
| Month | ZIP Code 55321 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 3.23 | 1.9 | 5.84 |
| Feb | 4.26 | 3 | 6.31 |
| Mar | 5.01 | 3.65 | 7.02 |
| Apr | 5.66 | 5.13 | 7.3 |
| May | 5.65 | 5.17 | 7.13 |
| Jun | 5.84 | 5.72 | 6.95 |
| Jul | 6.4 | 6.22 | 6.51 |
| Aug | 5.87 | 6.08 | 6.65 |
| Sep | 5.6 | 5.15 | 7.02 |
| Oct | 4.35 | 3.32 | 6.92 |
| Nov | 3.49 | 2.33 | 5.99 |
| Dec | 2.8 | 1.78 | 5.46 |
Regarding consumer complaints about financial products in ZIP Code 55321, checking or savings account have received the most complaints in 55321 in the past 12 months. Student loan received the second most complaints. The most frequent complaint overall in this Wright County region was managing an account.
| Complaint Product | Number of Complaints* |
|---|---|
| Checking or savings account | 1 |
| Student loan | 1 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Managing an account | 1 |
| Struggling to repay your loan | 1 |