Ivanhoe

Population: 627
Median household income: $54,583
Median home value: $65,500

Ivanhoe, a community in Lincoln County, Minnesota, has 627 residents. Its median household income of $54,583 runs below the Lincoln County figure of $67,715.

Between 2019 and 2023, Ivanhoe's population grew 4.7% from 599 to 627, while its median home value fell 5.8% from $69,500 to $65,500.

19.4% of adults 25 and older hold a bachelor's degree or higher. Owners occupy 80.1% of the area's occupied homes.

Demographics

ACS 2019–2023

Population: 627
Median age: 42.8 yrs
Median household income: $54,583
Median home value: $65,500
Median gross rent: $550
Housing units: 344
Homeownership rate: 80.1%
Bachelor's degree or higher: 19.4%
Unemployment rate: 9.5%

Trends

ACS 5-year · 2019–2023

Population

599627

Median household income

$45,625$54,583

Median home value

$69,500$65,500

Median gross rent

$750$550

Year	Population	Median household income	Median home value	Median gross rent
2019	599	$45,625	$69,500	$750
2020	617	$47,917	$63,200	$784
2021	559	$48,750	$62,100	$583
2022	595	$52,000	$72,200	$491
2023	627	$54,583	$65,500	$550

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 55.4%

5 to 1712.8%

18 to 2412.6%

25 to 3411.5%

35 to 4410.8%

45 to 548.9%

55 to 6413.1%

65 to 7414.0%

75 and over10.8%

	Count	Share
Under 5	34	5.4%
5 to 17	80	12.8%
18 to 24	79	12.6%
25 to 34	72	11.5%
35 to 44	68	10.8%
45 to 54	56	8.9%
55 to 64	82	13.1%
65 to 74	88	14.0%
75 and over	68	10.8%

Race & ethnicity

	Count	Share
White (non-Hispanic)	592	94.4%
Black or African American	1	0.2%
American Indian & Alaska Native	6	1.0%
Asian	4	0.6%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	9	1.4%
Hispanic or Latino (any race)	15	2.4%

Educational attainment (age 25+)

No high school diploma6.0%

High school graduate47.0%

Some college or associate's27.6%

Bachelor's degree15.2%

Graduate or professional degree4.1%

	Count	Share
No high school diploma	26	6.0%
High school graduate	204	47.0%
Some college or associate's	120	27.6%
Bachelor's degree	66	15.2%
Graduate or professional degree	18	4.1%

Commute to work

Mean travel time to work: 19 min

Drove alone76.0%

Carpooled10.1%

Public transit0.0%

Walked4.4%

Bicycle1.0%

Worked from home8.1%

Other means0.3%

How workers get to work

	Count	Share
Drove alone	225	76.0%
Carpooled	30	10.1%
Public transit	0	0.0%
Walked	13	4.4%
Bicycle	3	1.0%
Worked from home	24	8.1%
Other means	1	0.3%

Travel time

	Count	Share
Under 15 min	116	42.6%
15 to 29 min	68	25.0%
30 to 44 min	63	23.2%
45 to 59 min	25	9.2%
60+ min	0	0.0%

Households

Average household size: 1.97
Poverty rate: 10.5% (62 of 592)

	Count	Share
Family households	153	50.8%
Nonfamily households	148	49.2%

Housing

Median year structure built: 1954

Occupancy

	Count	Share
Occupied	301	87.5%
Vacant	43	12.5%

Tenure (of occupied units)

	Count	Share
Owner-occupied	241	80.1%
Renter-occupied	60	19.9%

1-unit, detached78.5%

1-unit, attached0.3%

2 to 4 units3.8%

5 to 19 units15.7%

20 or more units0.0%

Mobile home & other1.7%

Units in structure

	Count	Share
1-unit, detached	270	78.5%
1-unit, attached	1	0.3%
2 to 4 units	13	3.8%
5 to 19 units	54	15.7%
20 or more units	0	0.0%
Mobile home & other	6	1.7%

Geography

Place GEOID: 2731526
Type (LSAD): 25
Land area: 0.65 sq mi
Water area: 0.02 sq mi
Center point: 44.4643, -96.2517