Plato, MN
Population 193 · Minnesota
About Plato, MN
Plato is a small community in Minnesota with a population of 193 residents. The median household income is $99,375 per year, which is above the national average. The median age in Plato is 40.5 years.
Housing in Plato has a median home value of $228,900 and median monthly rent of $0. Of the 88 total housing units, the majority are owner-occupied, with 80 owner-occupied and 1 renter-occupied units.
The unemployment rate in Plato is 0.0% and the poverty rate is 0.0%. 21.7% of residents hold a bachelor's degree or higher. The average commute time is 27.3 minutes.
Cost of Living in Plato, MN
Compared to national averages, Plato has a median household income of $99,375 (32% above the national median of $75,149). Home values average $228,900, which is 7% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Minnesota, Plato's income is 34% above the state average of $74,221, and home values are 12% above the state median of $204,472.
Why Live in Plato, MN?
Plato offers a strong local economy with a median household income of $99,375, well above the national average, and affordable housing with a median home value of $228,900, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 0.0%, better than the national average.
Plato has a population of 193 with a median age of 40.5 years. Compare Plato with other cities to see how it stacks up, or explore all cities in Minnesota.
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Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Plato
What is the population of Plato, MN?
The population of Plato, MN is 193 according to the latest Census data.
What is the median household income in Plato?
The median household income in Plato, MN is $99,375 per year.
What is the median home value in Plato?
The median home value in Plato, MN is $228,900.
What is the average rent in Plato?
The median monthly rent in Plato, MN is $0.
What is the unemployment rate in Plato?
The unemployment rate in Plato, MN is 0.0%.