Ivanhoe vs Lake Benton

A side-by-side comparison of Ivanhoe and Lake Benton: population, income, housing, and more.

Ivanhoe and Lake Benton are places in Minnesota. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Lake Benton has the higher population (698 vs 627 in Ivanhoe). Ivanhoe has the higher median household income ($54,583 vs $52,000 in Lake Benton). Lake Benton has the higher median home value ($91,900 vs $65,500 in Ivanhoe).

Population, income & housing

	Ivanhoe	Lake Benton
Population	627	698
Median age	42.8 yrs	45.1 yrs
Median household income	$54,583	$52,000
Median home value	$65,500	$91,900
Median gross rent	$550	$550
Housing units	344	401
Homeownership rate	80.1%	77.4%
Bachelor's degree or higher	19.4%	21.7%
Unemployment rate	9.5%	3.3%

Trends (ACS 5-year, 2019–2023)

	Ivanhoe	Lake Benton
Population	599 → 627 (+4.7%)	668 → 698 (+4.5%)
Median household income	$45,625 → $54,583 (+19.6%)	$41,250 → $52,000 (+26.1%)
Median home value	$69,500 → $65,500 (-5.8%)	$86,700 → $91,900 (+6.0%)
Median gross rent	$750 → $550 (-26.7%)	$475 → $550 (+15.8%)

Ivanhoe

Population

599627

Median household income

$45,625$54,583

Median home value

$69,500$65,500

Median gross rent

$750$550

Lake Benton

Population

668698

Median household income

$41,250$52,000

Median home value

$86,700$91,900

Median gross rent

$475$550

Age & race/ethnicity

Age distribution (share)

	Ivanhoe	Lake Benton
Under 5	5.4%	5.2%
5 to 17	12.8%	14.9%
18 to 24	12.6%	9.9%
25 to 34	11.5%	10.6%
35 to 44	10.8%	9.2%
45 to 54	8.9%	15.9%
55 to 64	13.1%	8.9%
65 to 74	14.0%	10.9%
75 and over	10.8%	14.6%

Race & ethnicity (share)

	Ivanhoe	Lake Benton
White (non-Hispanic)	94.4%	89.1%
Black or African American	0.2%	0.0%
American Indian & Alaska Native	1.0%	0.0%
Asian	0.6%	1.9%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	1.4%	3.6%
Hispanic or Latino	2.4%	5.4%

Educational attainment (age 25+)

Share of adults 25+

	Ivanhoe	Lake Benton
No high school diploma	6.0%	5.3%
High school graduate	47.0%	27.0%
Some college or associate's	27.6%	46.0%
Bachelor's degree	15.2%	16.8%
Graduate or professional degree	4.1%	4.9%

Commute to work

How workers get to work (share)

	Ivanhoe	Lake Benton
Drove alone	76.0%	76.1%
Carpooled	10.1%	8.6%
Public transit	0.0%	0.0%
Walked	4.4%	3.4%
Bicycle	1.0%	0.0%
Worked from home	8.1%	11.8%
Other means	0.3%	0.0%

Housing

Units in structure (share)

	Ivanhoe	Lake Benton
1-unit, detached	78.5%	83.3%
1-unit, attached	0.3%	0.5%
2 to 4 units	3.8%	2.0%
5 to 19 units	15.7%	8.5%
20 or more units	0.0%	5.2%
Mobile home & other	1.7%	0.5%

Poverty & households

	Ivanhoe	Lake Benton
Poverty rate	10.5%	13.3%
Average household size	1.97	2.08
Mean commute (minutes)	19	26
Median year structure built	1954	1961