Also See Plato, MN: ZIP Codes & Maps
The City of Plato had a population of 343 as of July 1, 2023.
The primary coordinate point for Plato is located at latitude 44.7744 and longitude -94.04 in McLeod County. The formal boundaries for the City of Plato encompass a land area of 0.35 sq. miles and a water area of 0 sq. miles. McLeod County is in the Central time zone (GMT -6).
The City of Plato has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
POPULATION | |
---|---|
Total Population | 343 (100%) |
Population in Households | 343 (100.0%) |
Population in Families | 314 (91.5%) |
Population in Group Quarters1 | 0 |
Population Density | 989 |
Diversity Index2 | 15 |
INCOME | |
Median Household Income | $77,527 |
Average Household Income | $110,380 |
% of Income for Mortgage4 | 24% |
Per Capita Income | $44,088 |
Wealth Index5 | 127 |
Socioeconomic Status Index6 | Moderate (60.4) |
HOUSING | |
---|---|
Total HU (Housing Units) | 150 (100%) |
Owner Occupied HU | 126 (84.0%) |
Renter Occupied HU | 11 ( 7.3%) |
Vacant Housing Units | 13 ( 8.7%) |
Median Home Value | $305,000 |
Average Home Value | $332,540 |
Housing Affordability Index3 | 101 |
HOUSEHOLDS | |
Total Households | 137 |
Average Household Size | 2.50 |
Family Households | 108 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | 1.29% | 1.25% |
Households | 1.63% | 1.83% |
Families | 1.44% | |
Median Household Income | 3.34% | |
Per Capita Income | 3.49% | |
Owner Occupied HU | 1.98% |
The table below compares Plato to the other 914 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 574 | 37th |
Population Density | # 274 | 70th |
Median Household Income | # 337 | 63rd |
Housing Affordability Index | # 365 | 40th |
Per Capita Income | # 280 | 69th |
Diversity Index | # 650 | 29th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.
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