Ivanhoe city, Minnesota Demographics & Population 2026
As of 2026, Ivanhoe city, Minnesota has a total population of 627, the 448th largest city in Minnesota, with a median household income of $54,583, which is 38% lower than the state average. The poverty rate is 10.5%.
Key Takeaways
- Household income is 38% below the state average, indicating significant economic challenges.
- Housing is very affordable with a home-value-to-income ratio of just 1.2x.
- Unemployment rate of 9.5% is notably above the national average.
Ivanhoe city Quick Facts
How Ivanhoe city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Ivanhoe city Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Lincoln County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Tyler city | 1,019 | $60,417 | 9.8% | $143,300 |
| Lake Benton city | 698 | $52,000 | 13.3% | $91,900 |
| Hendricks city | 572 | $45,125 | 15.4% | $78,100 |
| Arco city | 61 | $60,625 | 18.0% | N/A |
Cities Similar to Ivanhoe city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Randall city | 647 | $53,333 | $169,400 | 12.1% | 13.9% |
| Glenville city | 596 | $53,750 | $119,400 | 13.8% | 8.1% |
| Marble city | 588 | $54,688 | $102,700 | 6.4% | 16.2% |
| Eagle Bend city | 620 | $48,924 | $96,700 | 5.6% | 18.1% |
| Karlstad city | 622 | $61,324 | $120,300 | 36.7% | 11.8% |
Population Overview
Ivanhoe city is a small community located in Minnesota, within Lincoln County. The total population is 627. It ranks as the 448th most populous out of 913 cities and towns in Minnesota.
Age Demographics
The median age in Ivanhoe city is 42.8 years. This is 11% higher than the state median of 38.6 years. 10.8% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Ivanhoe city is $54,583. This is 38% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 31% lower. The poverty rate stands at 10.5%. This is 14% higher than the state poverty rate of 9.2%. The unemployment rate is 9.5%. This is 141% higher than the state rate of 3.9%. The median home value is $65,500. Housing costs are 79% lower than the state median of $305,500. With a home-value-to-income ratio of just 1.2x, Ivanhoe city is one of the most affordable housing markets in the area. 80.1% of occupied housing units are owner-occupied. This homeownership rate is 11% higher than the state average of 72.4%.
Race & Ethnicity
Ivanhoe city has a predominantly White (non-Hispanic) population, comprising 94.4% of all residents. Hispanic or Latino residents account for 2.4%. The Black or African American population (0.2%) is well below the state average of 6.7%. The Hispanic or Latino population (2.4%) is well below the state average of 6.2%. The Asian population (0.6%) is well below the state average of 5.0%.
Education
19.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 50% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.0%.
Data Sources & Methodology
All demographic data for Ivanhoe city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Ivanhoe city, Minnesota?
Ivanhoe city, Minnesota has a population of 627 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Ivanhoe city, MN?
The median household income in Ivanhoe city is $54,583, which is 31% lower the national median of $78,538.
What is the poverty rate in Ivanhoe city, MN?
The poverty rate in Ivanhoe city is 10.5%. This means approximately 62 residents live below the federal poverty line.
What is the racial makeup of Ivanhoe city, Minnesota?
Ivanhoe city's population is 94.4% White, 0.2% Black, 2.4% Hispanic/Latino, and 0.6% Asian.
What is the median home value in Ivanhoe city, MN?
The median home value in Ivanhoe city is $65,500. The home-value-to-income ratio is 1.2x.
How educated is Ivanhoe city, Minnesota?
19.4% of adults (25+) in Ivanhoe city hold a bachelor's degree or higher, and 4.2% hold a graduate or professional degree.