Ivanhoe, Minnesota Demographics & Population 2026
During the 2020–2024 ACS period, Ivanhoe, Minnesota had a total population of 609, the 454th largest city in Minnesota, with a median household income of $52,552, which is 41% lower than the state average. The poverty rate is 18.5%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 41% below the state average, indicating significant economic challenges.
- Housing is very affordable with a home-value-to-income ratio of just 1.3x.
Ivanhoe Quick Facts
How Ivanhoe Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 627 | 609 | -2.9% |
| Median household income | $54,583 | $52,552 | -3.7% |
| Median home value | $65,500 | $66,500 | +1.5% |
How Ivanhoe Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
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: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Ivanhoe Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Lincoln County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Tyler | 1,090 | $65,500 | 10.5% | $151,100 |
| Lake Benton | 794 | $52,250 | 21.2% | $99,800 |
| Hendricks | 517 | $51,250 | 9.6% | $115,500 |
| Arco | 66 | $63,333 | 15.2% | $82,000 |
Cities Similar to Ivanhoe
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Eagle Bend | 597 | $49,559 | $99,100 | 5.3% | 15.8% |
| Brooten | 602 | $48,250 | $144,000 | 17.3% | 18.4% |
| Motley | 608 | $47,222 | $152,800 | 9.8% | 11.7% |
| Clarissa | 622 | $47,188 | $102,600 | 7.0% | 14.0% |
| Clearbrook | 584 | $48,750 | $107,600 | 17.4% | 13.1% |
A note before these figures: with a population of 609, Ivanhoe's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Ivanhoe is a small community located in Minnesota, within Lincoln County. The total population is 609. It ranks as the 454th most populous out of 914 Census-designated places in Minnesota.
Age Demographics
The median age in Ivanhoe is 42.2 years. This is 9% higher than the state median of 38.8 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 is $52,552. This is 41% lower than the state median of $89,062. It is also 35% lower than the national median of $80,734. The poverty rate stands at 18.5%. This is 99% higher than the state poverty rate of 9.3%. The unemployment rate is 7.0%. This is 73% higher than the state rate of 4.1%. The median home value is $66,500. Housing costs are 80% lower than the state median of $329,300. With a home-value-to-income ratio of just 1.3x, Ivanhoe is one of the most affordable housing markets in the area. 71.6% of occupied housing units are owner-occupied.
Race & Ethnicity
Ivanhoe has a predominantly White (non-Hispanic) population, comprising 94.8% of all residents. Hispanic or Latino residents account for 2.0%. The Black or African American population (0.3%) is well below the state average of 7.0%. The Hispanic or Latino population (2.0%) is well below the state average of 6.4%. The Asian population (0.7%) is well below the state average of 5.1%.
Education
17.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 56% lower than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.6%.
Data Sources & Methodology
All demographic data for Ivanhoe, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Ivanhoe, Minnesota?
Ivanhoe, Minnesota has a population of 609 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Ivanhoe, MN?
The median household income in Ivanhoe is $52,552, which is 35% lower than the national median of $80,734.
What is the poverty rate in Ivanhoe, MN?
The poverty rate in Ivanhoe is 18.5%. This means approximately 107 residents live below the federal poverty line.
What is the racial makeup of Ivanhoe, Minnesota?
Ivanhoe's population is 94.8% White, 0.3% Black, 2.0% Hispanic/Latino, and 0.7% Asian.
What is the median home value in Ivanhoe, MN?
The median home value in Ivanhoe is $66,500. The home-value-to-income ratio is 1.3x.
How educated is Ivanhoe, Minnesota?
17.3% of adults (25+) in Ivanhoe hold a bachelor's degree or higher, and 2.4% hold a graduate or professional degree.