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Ivanhoe, MN Profile: Facts & Data

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Ivanhoe, Minnesota - Basic Facts

The City of Ivanhoe had a population of 505 as of July 1, 2025.

The primary coordinate point for Ivanhoe is located at latitude 44.4633 and longitude -96.2473 in Lincoln County. The formal boundaries for the City of Ivanhoe encompass a land area of 0.91 sq. miles and a water area of 0.02 sq. miles. Lincoln County is in the Central time zone (GMT -6).

The City of Ivanhoe has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.


Jump to... (On This Page!)
  1. Ivanhoe 2025 Demographic Data
  2. Growth Rates for Ivanhoe (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Minnesota Research Tools (Easy Tools & Current Data)
  3. Minnesota Data Comparison Tool - 2025 Demographics
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Ivanhoe, MN Data & Demographics (As of July 1, 2025)

POPULATION

Total Population 505 (100%)
Population in Households 481 (95.2%)
Population in Families 316 (62.6%)
Population in Group Quarters1 24 ( 4.8%)
Population Density 778
Diversity Index2 16
 
 

INCOME

Median Household Income $67,003
Average Household Income $82,726
% of Income for Mortgage4 15%
Per Capita Income $41,858
Wealth Index5 66
Socioeconomic Status Index6 Moderate (56.4)
 

HOUSING

Total HU (Housing Units) 326 (100%)
Owner Occupied HU 203 (62.3%)
Renter Occupied HU 52 (16.0%)
Vacant Housing Units 71 (21.8%)
Median Home Value $155,208
Average Home Value $210,197
Housing Affordability Index3 151
 

HOUSEHOLDS

Total Households 255
Average Household Size 1.89
Family Households 110
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

 2020-2025 2025-2030
Population -1.95% -0.44%
Households -1.29% -0.32%
Families   1.24%
Median Household Income   1.17%
Per Capita Income   1.66%
Owner Occupied HU   -1.21%

Ivanhoe, MN - Peer Comparisons by Rank and Percentile

The table below compares Ivanhoe to the other 915 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2025 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 505 45th
Population Density # 367 60th
Median Household Income # 674 26th
Housing Affordability Index # 840 92nd
Per Capita Income # 429 53rd
Diversity Index # 641 30th

Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.

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