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Coates, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
131
Population
$82,250
Median Income
$240,000
Home Value
36.8
Median Age

Demographics

Coates has a population of 131 with a median age of 36.8. Here is the racial and ethnic breakdown of the population:

White
87.0%
Other
10.0%
Black
1.5%
Hispanic
1.5%
Demographic Value
Total Population131
Median Age36.8
White87.0%
Black or African American1.5%
Hispanic or Latino1.5%
Other / Two or More Races10.0%
Coates, Minnesota — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 87.0%Other: 10.0%Other: 3.0%131PopulationWhiteWhite87.0%OtherOther10.0%OtherOther3.0%

Income & Economy

The median household income in Coates is $82,250, which is 2.0% above the national median of $80,610. The per capita income is $41,037. The poverty rate is 14.5%.

$82,250
Median Household Income
$41,037
Per Capita Income
14.5%
Poverty Rate

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Education

In Coates, 91.5% of residents age 25+ have a high school diploma or higher, and 19.8% hold a bachelor's degree or higher (3.8% with a graduate or professional degree).

HS Diploma+
91.5%
Bachelor's+
19.8%
Graduate+
3.8%
Education Level % of Adults (25+)
High School Diploma or Higher91.5%
Bachelor's Degree or Higher19.8%
Graduate or Professional Degree3.8%

Housing

The median home value in Coates is $240,000, below the national median of $303,400. The median monthly rent is $1,146. The homeownership rate is 65.6%.

$240,000
Median Home Value
$1,146/mo
Median Rent
65.6%
Homeownership Rate
Housing Metric Value
Median Home Value$240,000
Median Monthly Rent$1,146
Homeownership Rate65.6%
Vacancy Rate15.3%

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Frequently Asked Questions

What is the population of Coates, Minnesota?
The population of Coates, Minnesota is 131 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Coates, Minnesota?
The median household income in Coates, Minnesota is $82,250. This is 2.0% above the national median of $80,610.
What is the median home value in Coates, Minnesota?
The median home value in Coates, Minnesota is $240,000. The median monthly rent is $1,146.
What percentage of people in Coates have a college degree?
In Coates, Minnesota, 19.8% of adults age 25 and older hold a bachelor's degree or higher, and 91.5% have a high school diploma or higher.
Is Coates, Minnesota an affordable place to live?
The home price-to-income ratio in Coates, Minnesota is 2.9x (median home value $240,000 vs. median income $82,250), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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