Plato, MN

Full City Profile · Minnesota · McLeod County County

4.2 /5.0
A Great
193 Population 551/sq mi density
$99,375 Median Income $42,802 per capita
$228,900 Home Value $371,752 Zillow
44°F Avg Temperature
A
Overall
4.2 / 5.0
Strong
A+
Economy
5.0 / 5.0
$99,375 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$228,900 home value, /mo rent
C+
Education
2.7 / 5.0
21.7% bachelor's degree or higher

Plato, MN

At a Glance

Median Income
$99,375
32% above
$42,802 per capita
Home Value
$228,900
19% below
Zillow: $371,752
Bachelor's Degree+
21.7%
36% below
93.7% high school+
Unemployment
0.0%
100% below
0.0% poverty rate
Obesity Rate
41.7%
30% above
15.9% smoking rate
Avg Temperature
44°F

How Plato Compares to the U.S. Average

Each bar shows Plato's value as a percentage of the national average (100% = U.S. avg)

Income
132%
Home Value
81%
Poverty
0%
Bachelor's
64%
Unemployment
0%
Thin vertical line = U.S. national average (100%)

Is Plato a Good Place to Live?

A
4.2 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Plato residents earn a median household income of $99,375 , which is 32% above the national average of $75,149. Per capita income is $42,802. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 1,049 business establishments, including 68 restaurants.

Housing & Cost of Living

The median home value in Plato is $228,900 , 19% below the national median of $281,900. Zillow estimates the typical home at $371,752. The cost of living index is 98.6 (100 = national average). The median home was built in 1972.

Education

21.7% of adults in Plato hold a bachelor's degree or higher (36% below the national average). 93.7% have completed high school. Local schools score 6.4/10 in standardized testing.

Climate & Weather

Plato has an average annual temperature of 44°F (6°C). Winters average 12°F in January while summers reach 71°F in July. Annual precipitation totals 32.5 inches.

Data Overview

People

Population193
Median Age40.5 yrs
Density551/mi²
Male / Female56% / 44%
Foreign Born0.0%
Veterans4.5%

Economy

A+
Median Income$99,375
Per Capita$42,802
Unemployment0.0%
Poverty0.0%
County GDP$2,397M
Avg Weekly Wage$1,096

Housing

A+
Home Value$228,900
Rent
Ownership98.8%
Zillow$371,752
Housing Units107
Rent Burden24.2%

Health

Obesity41.7%
Diabetes9.0%
Smoking15.9%
Heart Disease5.2%
Premature Death5,843/100K

Climate

Avg Temp44°F
Rain32.5 in/yr
Elevation999 ft

Education

C+
Bachelor's+21.7%
High School+93.7%
Graduate+3.8%
School Score6.4/10

Community

2024 VoteR 68% / D 30%
Commute27 min
Broadband93.8%
Internet Speed74 Mbps
EV Stations2
Libraries4

Did You Know?

The median home in Plato was built in 1972.
The nearest airport is Mankato Regional (38 miles).
The Gini coefficient (income inequality) is 0.425 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
10.4% of the population has a disability.
The county recorded 4 fatal vehicle crashes.