Disclosed herein is a coil component that includes: a drum core that includes first and second flange portions having wire connection portions and a winding core portion located between the first and second flange portions; a coated conductive wire that is wound around the winding core portion, each end of the coated conductive wire being connected to respective one of the wire connection portions; and a resin coating layer that covers at least the coated conductive wire located in a first layer in the winding core portion.