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Plato, MN
Full City Profile · Minnesota · McLeod County County
3.4
/5.0
B
Good
193
Population
551/sq mi density
$99,375
Median Income
$42,802 per capita
$228,900
Home Value
$346,327 Zillow
44°F
Avg Temperature
270 sunny days/yr
119
Violent Crime/100K
1,785 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
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
F
Safety
1.0 / 5.0
119 violent crimes/100K
C+
Education
2.7 / 5.0
21.7% bachelor's degree or higher
Housing Overview
Median Home Value
$228,900
19% below
US avg: $281,900
Homeownership Rate
98.8%
51% above US avg (65.4%)
Total Housing Units
107
Median year built: 1972
Home Value by Source
Census Median
$228,900
Zillow (ZHVI)
$346,327
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
98.8%
Owner-Occupied
1.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Affordability & Housing Stock
Rent Burden
24.2%
of renters spending 30%+ of income on housing
22% below US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
98.8%
Complete Housing Data
Home Values
| Census Median Value | $228,900 |
| Zillow Home Value (ZHVI) | $346,327 |
Rent
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
Ownership & Stock
| Owner-Occupied | 98.8% |
| Renter-Occupied | 1.2% |
| Homeownership Rate | 98.8% |
| Total Housing Units | 107 |
| Median Year Built | 1972 |
| Rent Burden | 24.2% |