Minnesota · Census place 31526
Ivanhoe city, MN
Quick answer
Ivanhoe city has 627 residents, ranking #448 of 914 places in Minnesota. Median household income is $54,583, the median home is worth $65,500 and median gross rent runs $550 a month.
- Population
- 627Ivanhoe city residents
- Median household income
- $54,583Past 12 months, inflation adjusted
- Median home value
- $65,500Owner-occupied units
- Median gross rent
- $550Rent plus utilities, monthly
- Median age
- 42.8 yrsAll residents
- Homeownership rate
- 80.1%Owner-occupied households
What the numbers mean in Ivanhoe city
Housing cost measured against local earnings.
A household earning the Ivanhoe city median would spend about 12.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.5% of residents and 80.1% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Minnesota.
- Kimball city 644
- Clearbrook city 634
- Evansville city 631
- Ellendale city 626
- Brownsville city 624
- Cleveland city 622
- Karlstad city 622
Keep going
More Minnesota coverage.