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Plato, 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
242
Population
$91,250
Median Income
$239,700
Home Value
40.1
Median Age

Demographics

Plato has a population of 242 with a median age of 40.1. Here is the racial and ethnic breakdown of the population:

White
91.7%
Other
7.1%
Hispanic
1.2%
Demographic Value
Total Population242
Median Age40.1
White91.7%
Hispanic or Latino1.2%
Other / Two or More Races7.1%
Plato, Minnesota — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 91.7%Other: 7.1%Other: 1.2%242PopulationWhiteWhite91.7%OtherOther7.1%OtherOther1.2%

Income & Economy

The median household income in Plato is $91,250, which is 13.2% above the national median of $80,610. The per capita income is $38,648.

$91,250
Median Household Income
$38,648
Per Capita Income

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Education

In Plato, 96.5% of residents age 25+ have a high school diploma or higher, and 18.0% hold a bachelor's degree or higher (7.6% with a graduate or professional degree).

HS Diploma+
96.5%
Bachelor's+
18.0%
Graduate+
7.6%
Education Level % of Adults (25+)
High School Diploma or Higher96.5%
Bachelor's Degree or Higher18.0%
Graduate or Professional Degree7.6%

Housing

The median home value in Plato is $239,700, below the national median of $303,400. The homeownership rate is 96.8%.

$239,700
Median Home Value
96.8%
Homeownership Rate
Housing Metric Value
Median Home Value$239,700
Homeownership Rate96.8%
Vacancy Rate6.9%

Salaries in Minnesota

Explore salary data for popular occupations in Minnesota:

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Other Cities in Minnesota

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Frequently Asked Questions

What is the population of Plato, Minnesota?
The population of Plato, Minnesota is 242 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Plato, Minnesota?
The median household income in Plato, Minnesota is $91,250. This is 13.2% above the national median of $80,610.
What is the median home value in Plato, Minnesota?
The median home value in Plato, Minnesota is $239,700.
What percentage of people in Plato have a college degree?
In Plato, Minnesota, 18.0% of adults age 25 and older hold a bachelor's degree or higher, and 96.5% have a high school diploma or higher.
Is Plato, Minnesota an affordable place to live?
The home price-to-income ratio in Plato, Minnesota is 2.6x (median home value $239,700 vs. median income $91,250), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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