Ivanhoe, MN demographics:
population, income, and more

Total population
609
-2.9% year-over-year change
Median household income
$52,552/yr
-3.7% year-over-year change
Housing units
361
4.9% year-over-year change

Ivanhoe population

How many people live in Ivanhoe

Ivanhoe is home to 609 residents, according to the most recent Census data. Gender-wise, 52.7% of Ivanhoe locals are male, and 47.3% are female.

Total population
609
-2.9% year-over-year change
Gender ratio
Male
52.7%
321
Female
47.3%
288
Value Percent YoY change
Male 321 52.7% -2.7%
Female 288 47.3% -3.0%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Ivanhoe is 42, with the population distributed as follows: about 13% are children under 15, then 17.9% are in the 15 to 24 age group. Adults between 25 and 44 make up 24.5% of the population, while another 21.5% fall into the 45 to 64 bracket. Finally, around 23.2% are 65 or older.

Median age
42.2
Age breakdown
Under 15
13%
15 to 24
17.9%
25 to 44
24.5%
45 to 64
21.5%
Over 65
23.2%
Value Percent YoY change
Under 15 79 13% -4.8%
15 to 24 109 17.9% -0.9%
25 to 44 149 24.5% 6.4%
45 to 64 131 21.5% -5.1%
Over 65 141 23.2% -9.6%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

At the same time, 1.8% of residents are non-citizens. As for race, 96.6% of locals are Caucasian, 0.3% are African American and 0.7% have Asian roots. There’s also a share of 1.3% that includes residents with two or more races.

Citizenship
U.S.-born citizens
98.2%
Non-U.S.-born citizens
0%
Non-citizens
1.8%
Value Percent YoY change
U.S.-born citizens 598 98.2% -3.9%
Non-citizens 11 1.8% 120.0%
Racial breakdown
White
96.6%
Black or African American
0.3%
American Indian and Alaska Native
1%
Asian
0.7%
Native Hawaiian and other Pacific Islander
0%
Two or more races
1.3%
Other
0.2%
Value Percent
White 588 96.6%
Black or African American 2 0.3%
American Indian and Alaska Native 6 1%
Asian 4 0.7%
Two or more races 8 1.3%
Other 1 0.2%

Households in Ivanhoe

A peek inside Ivanhoe households

Ivanhoe has 313 households, with an average of 2 members in each. Of these, 45% are families, while the remaining 55% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
313
4.0% year-over-year change
Average people per household
2
Non-family households
172
Family households
141
Value Percent YoY change
Non-family households 172 55% 16.2%
Family households 141 45% -7.8%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Ivanhoe

The housing landscape of Ivanhoe

Ivanhoe's housing consists of 361 units, with 74.5% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 1.1% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 0.6% of the housing landscape.

Housing units
361
4.9% year-over-year change
Housing types
Value Percent
1 unit, detached 269 74.5%
1 unit, attached 4 1.1%
2 units 2 0.6%
3 or 4 units 17 4.7%
5 to 9 units 51 14.1%
10 to 19 units 16 4.4%
Mobile home 2 0.6%
Homes built since 2020
2
% year-over-year change

The age of buildings in Ivanhoe

In Ivanhoe, the median construction year is 1956. About 24.6% of homes were built before the 1940s, with another 14.7% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 89 24.6% -16.0%
Built between 1940 and 1949 53 14.7% 26.2%
Built between 1950 and 1959 61 16.9% 13.0%
Built between 1960 and 1969 20 5.5% -9.1%
Built between 1970 and 1979 66 18.3% -9.6%
Built between 1980 and 1989 30 8.3% 42.9%
Built between 1990 and 1999 24 6.6% 41.2%
Built between 2000 and 2009 16 4.4% 77.8%
Built in 2020 or later 2 0.6% N/A
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Ivanhoe occupancy rates

Out of the 313 occupied housing units in Ivanhoe, 71.6% are owner-occupied, while 28.4% are lived in by tenants. Meanwhile, 13.3% of all homes on the local market sit vacant.

Occupied housing units
313
4.0% year-over-year change
Occupancy breakdown
Renter occupied
89
Owner occupied
224
Value Percent YoY
change
Renter occupied 89 28.4% 48.3%
Owner occupied 224 71.6% -7.0%
Unoccupied housing units
13.3%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Ivanhoe housing costs

Housing costs in Ivanhoe come to a median of $585 per month, while tenants specifically pay a median gross rent of $625.

Median housing costs per month
$585/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Ivanhoe
$625/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Ivanhoe

Ivanhoe education at a glance

About 47.3% of the population in Ivanhoe went to high school, while 19.2% pursued college studies. Another 12.8% earned an associate degree and 15% hold a bachelor’s. Meanwhile, 2% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 19 3.8% 26.7%
High school diploma 237 47.3% -4.4%
College diploma 96 19.2% 14.3%
Associate degree 64 12.8% 1.6%
Bachelor's degree 75 15% -11.8%
Graduate degree 10 2% -44.4%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Ivanhoe

How much people earn in Ivanhoe

The average annual household income in Ivanhoe was $55,429 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -14.1% change from the previous year. At the same time, the median income stood at $52,552, reflecting a -3.7% shift over the same period.

Average household income in Ivanhoe
$55,429/year
-14.1% year-over-year change
Median household income in Ivanhoe
$52,552/year
-3.7% year-over-year change

Ivanhoe income by age

In Ivanhoe, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $53,750. Those with someone between 45 and 64 in charge, often well established professionally, earn $43,750 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $68,571, while those led by someone over 65, many of whom may be retired, have about $37,500 in earnings. Overall, 81.4% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $68,571 -3.1%
25 - 44 $53,750 -27.7%
45 - 64 $43,750 -12.6%
Over 65 $37,500 -18.9%
Above poverty level
467
Below poverty level
107
Value Percent YoY
change
Above poverty level 467 81.4% -11.9%
Below poverty level 107 18.6% 72.6%

Average renter income in Ivanhoe

To get a better sense of what renters earn on average in Ivanhoe, their median household income was $35,417 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 21.2%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$35,417
Rent-to-income ratio
21.2%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Ivanhoe

Workforce and job types in Ivanhoe

The job market in Ivanhoe is powered by 291 working residents, spread across a range of industries and roles. 77.3% of the working population are employed in professional or administrative positions, while 22.7% are in hands-on or service-based jobs. Also, 7.6% run their own businesses, 51.2% are employed by private companies, and 27.8% work in the public sector.

Workforce demographics

Working population
291
-1.7% year-over-year change
White collar
225
Blue collar
66
Value Percent YoY change
White collar 225 77.3% -2.6%
Blue collar 66 22.7% 1.5%
Employer type
Self employees
7.6%
Private companies
51.2%
Governmental workers
27.8%
Not for profit companies
13.4%
Value Percent YoY change
Self employees 22 7.6% -8.3%
Private companies 149 51.2% 6.4%
Governmental workers 81 27.8% -12.9%
Not for profit companies 39 13.4% 0.0%
Unemployment rate
7.0%
-29.0% year-over-year change

Available workforce

The unemployment rate in Ivanhoe stands at 7%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Ivanhoe

How people get around in Ivanhoe

Commuting methods vary: 84.8% of residents travel by personal vehicle and 6.6% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 245 84.8% -3.9%
Bicycle 2 0.7% -33.3%
Walk 19 6.6% 46.1%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Ivanhoe by zipcode?

Zipcode Population Number of households Median income Average income
56142 1,036 498 $57,500 $73,646

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FAQs about Ivanhoe demographics 

What is the total population of Ivanhoe?

Ivanhoe has a total population of 609 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -2.9% compared to a year ago.

What is the gender ratio in Ivanhoe?

The gender ratio in Ivanhoe is as follows:
  • 52.7% males (321 residents)
  • 47.3% females (288 residents)

What is the median age in Ivanhoe?

The median age in Ivanhoe is 42.2.

What is the age distribution of the population in Ivanhoe?

The age distribution in Ivanhoe is as follows:
  • Under 15: 13% (79 residents)
  • Ages 15-24: 17.9% (109 residents)
  • Ages 25-44: 24.5% (149 residents)
  • Ages 45-64: 21.5% (131 residents)
  • Over 65: 23.2% (141 residents)

What is the racial and ethnic makeup of Ivanhoe?

The racial and ethnic makeup of Ivanhoe is as follows:
  • White: 96.6% (588 residents)
  • Black or African American: 0.3% (2 residents)
  • American Indian and Alaska Native: 1% (6 residents)
  • Asian: 0.7% (4 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 1.3% (8 residents)
  • Other: 0.2% (1 residents)

What percentage of the population in Ivanhoe are U.S.-born citizens?

U.S.-born citizens represent 98.2% of the population in Ivanhoe.

How many housing units are there in Ivanhoe?

There are 361 housing units in Ivanhoe, reflecting a +4.9% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Ivanhoe and what is the average household size?

Ivanhoe has a total of 313 households, with an average of 2 people in each.

What is the median household income in Ivanhoe?

Ivanhoe has a median household income of $52,552, representing a -3.7% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Ivanhoe?

The employment rate is 93% in Ivanhoe, with a workforce of 291 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 77.3% (225 residents)
  • Blue-collar workers: 22.7% (66 residents)

Places of employment:
  • Self-employed: 7.6% (22 residents)
  • Private companies: 51.2% (149 residents)
  • Governmental workers: 27.8% (81 residents)
  • Not-for-profit companies: 13.4% (39 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025