Living in Coates, Minnesota

Cost of living, income, home prices, rent and demographics of Coates · Census data 2020–2024

Coates has 131 residents with a median age of 36.8. The median household income is $82,250 (8% lower than the Minnesota median), the median home value is $240,000, the median rent is $1,146/month.

Coates is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Coates at a glance

Population
131
Median age
36.8State: 38.8
Median household income
$82,250State: $89,062
Median home value
$240,000State: $329,300
Median rent
$1,146/moState: $1,280
Homeowners
65.6%
Bachelor's degree or higher
19.8%
Average commute
25 min

Is Coates a good place to live?

Pros: Home values 27% lower than the state median.

Cons: Median household income 8% lower than the Minnesota median; an average commute of 25 minutes; unemployment of 6.2%; a poverty rate of 14.5%.

The weather is best in June to September.

Cost of living in Coates

Housing is the biggest part of the cost of living. In Coates the median home value is $240,000, 28% lower than the U.S. median. Renters pay a median of $1,146 per month, which is 18.8% of household income. Homeowners with a mortgage pay $1,563 a month in housing costs.

Median home value

Coates$240,000
Minnesota$329,300
United States$332,700

Median monthly rent

Coates$1,146
Minnesota$1,280
United States$1,413

Coates median household income

The median household income in Coates is $82,250 and the income per person is $41,037. 14.5% of residents live below the poverty line (Minnesota: 9.3%).

Median household income

Coates$82,250
Minnesota$89,062
United States$80,734

Housing in Coates: homes for sale and rent

Housing units
72
Owner-occupied
65.6%
Renter-occupied
34.4%
Vacant
15.3%Includes seasonal homes
Median year built
1950
Average household size
2.15

Coates demographics

Population
131
Median age
36.8
Under 18
17.6%
65 and older
13.7%
Households
61
Foreign-born
0%
Veterans
10.2%Adults 18+

Race and ethnicity

White87%
Hispanic or Latino1.5%
Black1.5%
Asian0%

Hispanic or Latino can be of any race. Population history of Coates ›

Education in Coates

19.8% of adults 25 and older in Coates have a bachelor's degree or higher (Minnesota: 39.4%), and 3.8% have a graduate or professional degree.

Bachelor's degree or higher

Coates19.8%
Minnesota39.4%
United States35.7%

Jobs and commute in Coates

Unemployment rate
6.2%State: 4.1%
Average commute
25 minState: 23 min
Work from home
13.2%
Drive alone
86.8%
Public transit
0%
Walk to work
0%
Homes with broadband
86.9%

Coates vs nearby towns

TownPopulationMedian incomeHome valueRent
Coates131$82,250$240,000$1,146
Rosemount27,562$129,625$424,100$1,640
Empire3,092$147,700$469,500$2,052
Vermillion399$107,188$319,300$1,208
Hampton590$109,545$318,300$1,083
Farmington23,902$123,673$366,200$1,241
Inver Grove Heights35,906$101,316$363,400$1,465
Apple Valley55,679$97,673$370,400$1,738
St. Paul Park5,457$100,642$263,500$2,174

More for people moving to Coates

Coates ZIP code ›Weather and climate ›

Living in Coates: FAQ

What is the median household income in Coates, MN?

The median household income in Coates is $82,250, 8% lower than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Coates?

The median home value in Coates is $240,000, compared with $329,300 in Minnesota.

How much is rent in Coates?

The median gross rent in Coates is $1,146 per month, about 18.8% of household income.

Is Coates, MN a good place to live?

Pluses: home values 27% lower than the state median. Minuses: median household income 8% lower than the Minnesota median; an average commute of 25 minutes; unemployment of 6.2%; a poverty rate of 14.5%.

What is the median age in Coates?

The median age in Coates is 36.8 years (Minnesota: 38.8).

How long is the commute in Coates?

The average commute to work in Coates is 25 minutes; 13.2% of workers work from home.

What is the unemployment rate in Coates?

The unemployment rate in Coates is 6.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Coates?

19.8% of adults in Coates have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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