Plato, Minnesota Demographics & Population 2026
During the 2020–2024 ACS period, Plato, Minnesota had a total population of 242, the 654th largest city in Minnesota, with a median household income of $91,250, which is 2% higher than the state average. The poverty rate is 0.0%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Plato Quick Facts
How Plato Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 193 | 242 | +25.4% |
| Median household income | $99,375 | $91,250 | -8.2% |
| Median home value | $228,900 | $239,700 | +4.7% |
How Plato Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Plato Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in McLeod County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Hutchinson | 14,680 | $72,836 | 12.4% | $229,600 |
| Glencoe | 5,695 | $71,356 | 9.2% | $227,900 |
| Winsted | 2,181 | $67,200 | 11.3% | $201,900 |
| Lester Prairie | 1,898 | $96,544 | 3.0% | $237,400 |
| Silver Lake | 815 | $74,432 | 3.3% | $202,600 |
| Stewart | 644 | $65,982 | 6.7% | $125,400 |
| Brownton | 546 | $79,712 | 10.7% | $162,500 |
| Biscay | 138 | $138,750 | 0.0% | $188,900 |
Cities Similar to Plato
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Williams | 237 | N/A | N/A | 4.7% | 9.7% |
| Millville | 247 | $94,063 | $159,400 | 16.0% | 3.2% |
| Storden | 244 | $83,750 | $81,000 | 17.0% | 18.9% |
| Gilman | 233 | $93,750 | $233,600 | 16.2% | 4.0% |
| Fairhaven | 255 | $89,659 | $255,600 | 15.7% | 9.4% |
A note before these figures: with a population of 242, Plato's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Plato is a small community located in Minnesota, within McLeod County. The total population is 242. It ranks as the 654th most populous out of 914 Census-designated places in Minnesota.
Age Demographics
The median age in Plato is 40.1 years. This is 3% higher than the state median of 38.8 years.
Economy, Income & Housing
The median household income in Plato is $91,250. This is 2% higher than the state median of $89,062. It is also 13% higher than the national median of $80,734. The ACS records no residents below the poverty line in Plato. In a community this small the estimate rests on very few survey responses, so it should be read as an absence of measurement rather than a measured absence of poverty. The survey records no unemployed residents in Plato, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $239,700. Housing costs are 27% lower than the state median of $329,300. With a home-value-to-income ratio of just 2.6x, Plato is one of the most affordable housing markets in the area. 96.8% of occupied housing units are owner-occupied. This homeownership rate is 34% higher than the state average of 72.2%.
Race & Ethnicity
Plato has a predominantly White (non-Hispanic) population, comprising 90.5% of all residents. Hispanic or Latino residents account for 1.2%. The Hispanic or Latino population (1.2%) is well below the state average of 6.4%.
Education
18.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 54% lower than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.5%.
Data Sources & Methodology
All demographic data for Plato, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Plato, Minnesota?
Plato, Minnesota has a population of 242 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Plato, MN?
The median household income in Plato is $91,250, which is 13% higher than the national median of $80,734.
What is the poverty rate in Plato, MN?
The ACS sample for Plato recorded no residents below the federal poverty line. Because the community is small, this indicates that the survey did not capture poverty here rather than that no poverty exists — the estimate carries a wide margin of error.
What is the racial makeup of Plato, Minnesota?
Plato's population is 90.5% White, 0.0% Black, 1.2% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Plato, MN?
The median home value in Plato is $239,700. The home-value-to-income ratio is 2.6x.
How educated is Plato, Minnesota?
18.0% of adults (25+) in Plato hold a bachelor's degree or higher, and 7.6% hold a graduate or professional degree.