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Plato city, Minnesota Demographics & Population 2026

Lowest PovertyLowest poverty rate in Minnesota
Very AffordableHome value to income ratio of 2.3x is exceptionally low

As of 2026, Plato city, Minnesota has a total population of 193, the 695th largest city in Minnesota, with a median household income of $99,375, which is 13% higher than the state average. The poverty rate is 0.0%.

Key Takeaways

Plato city Quick Facts

Population 193
Median Household Income $99,375
Median Home Value $228,900
Poverty Rate 0.0%
Unemployment Rate 0.0%
Median Age 40.5 years
Homeownership Rate 98.8%
Affordability Ratio 2.3x
Bachelor's Degree or Higher 21.7%
High School Graduation Rate 93.7%
Diversity Index 2/100
Population 193 695th of 913
Median Income $99,375 top 20%
Poverty Rate 0.0% 100% lower national
Median Home Value $228,900 top 30%

How Plato city Compares

Economy & Housing

Employment

0.0% Unemployment Rate State: 3.9% | National: 5.2%
66.7% Labor Force Participation

Housing Overview

Owner 98.8%
Renter 1.2%
Affordability Index Very Affordable
2.3x home value to income ratio

People & Demographics

Diversity Index

2out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Plato city Rankings in Minnesota

#695 Population of 913
#132 Median Income of 913
#387 Education of 913
#266 Home Value of 913

Other Cities in McLeod County

CityPopulationMedian IncomePovertyHome Value
Hutchinson city 14,629 $71,730 10.7% $210,300
Glencoe city 5,702 $63,967 8.0% $213,100
Winsted city 2,023 $70,208 11.3% $210,200
Lester Prairie city 1,848 $87,188 5.3% $217,000
Silver Lake city 922 $75,000 4.7% $184,800
Stewart city 570 $62,692 9.5% $115,900
Brownton city 530 $77,159 6.8% $148,500
Biscay city 180 $139,375 0.6% $187,100

Cities Similar to Plato city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Mahnomen CDP191N/AN/A8.2%60.9%
Okabena city200$98,750$99,30035.0%9.0%
Northome city182N/A$85,70014.0%19.2%
Kingston city206$100,278$218,3008.9%1.5%
South Haven city208$102,500$192,3009.9%13.9%

Population Overview

Plato city is a small community located in Minnesota, within McLeod County. The total population is 193. It ranks as the 695th most populous out of 913 cities and towns in Minnesota.

Age Demographics

The median age in Plato city is 40.5 years. This is 5% higher than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Plato city is $99,375. This is 13% higher than the state median of $87,556. Compared to the national median of $78,538, household income here is 27% higher. The poverty rate stands at 0.0%. This is 100% lower than the state poverty rate of 9.2%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 0.0%. This is 100% lower than the state rate of 3.9%. The median home value is $228,900. Housing costs are 25% lower than the state median of $305,500. With a home-value-to-income ratio of just 2.3x, Plato city is one of the most affordable housing markets in the area. 98.8% of occupied housing units are owner-occupied. This homeownership rate is 36% higher than the state average of 72.4%.

Race & Ethnicity

Plato city has a predominantly White (non-Hispanic) population, comprising 99.0% of all residents.

Education

21.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 44% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.7%.

Data Sources & Methodology

All demographic data for Plato city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Plato city, Minnesota?

Plato city, Minnesota has a population of 193 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Plato city, MN?

The median household income in Plato city is $99,375, which is 27% higher the national median of $78,538.

What is the poverty rate in Plato city, MN?

The poverty rate in Plato city is 0.0%. This means approximately 0 residents live below the federal poverty line.

What is the racial makeup of Plato city, Minnesota?

Plato city's population is 99.0% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Plato city, MN?

The median home value in Plato city is $228,900. The home-value-to-income ratio is 2.3x.

How educated is Plato city, Minnesota?

21.7% of adults (25+) in Plato city hold a bachelor's degree or higher, and 8.4% hold a graduate or professional degree.