Chokio, MN
Population 427 · Minnesota
About Chokio, MN
Chokio is a small community located in Minnesota with a population of 427 residents according to the latest US Census Bureau American Community Survey data. The median household income is $50,556 per year, which is 33% below the national median of $75,149. The median age of 40.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Chokio features a median home value of $85,600, which is 65% below the national median of $244,900. This makes Chokio one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $764, 34% below the national average of $1,163/month. Of the 250 total housing units, 76% are owner-occupied (165 units) and 24% are renter-occupied (53 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Chokio shows an unemployment rate of 1.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Chokio have an average one-way commute time of 21.3 minutes.
Education & Demographics
19.1% of Chokio residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.9% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.5% of the population being foreign-born.
Cost of Living in Chokio, MN
Compared to national averages, Chokio has a median household income of $50,556 (33% below the national median of $75,149). Home values average $85,600, which is 65% below the national median. Monthly rent at $764 is 34% below the US average of $1,163. Within Minnesota, Chokio's income is 32% below the state average of $74,221, and home values are 58% below the state median of $204,472.
Why Live in Chokio, MN?
Chokio offers affordable housing with a median home value of $85,600, below the US average of $244,900, and rent that’s lower than the national average at $764/month, and a strong job market with an unemployment rate of just 1.3%. Additionally, the city features a low poverty rate of 10.3%, better than the national average, and short commute times averaging just 21.3 minutes.
Potential considerations include median household income ($50,556) that falls below the national average. However, Chokio’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Chokio has a population of 427 with a median age of 40.8 years. Compare Chokio with other cities to see how it stacks up, or explore all cities in Minnesota.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Chokio
What is the population of Chokio, MN?
The population of Chokio, MN is 427 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Minnesota.
What is the median household income in Chokio?
The median household income in Chokio, MN is $50,556 per year, which is 33% below the national median of $75,149.
What is the median home value in Chokio?
The median home value in Chokio, MN is $85,600, which is 65% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Chokio?
The median monthly rent in Chokio, MN is $764, which is 34% below the national average of $1,163/month.
What is the unemployment rate in Chokio?
The unemployment rate in Chokio, MN is 1.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Chokio, MN a good place to live?
Chokio offers a moderate cost of living, affordable housing, and a strong job market. With a population of 427 and a median age of 40.8, the city appeals to a broad range of residents.
How educated is Chokio, MN?
19.1% of residents in Chokio aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Chokio?
Key cost-of-living indicators for Chokio, MN: median home value is $85,600 (65% below national), median rent is $764/month, and median household income is $50,556. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Chokio?
The poverty rate in Chokio, MN is 10.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Chokio, MN?
Chokio's population is 0.0% White, 0.9% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.5% of residents are foreign-born.