At a Glance
Median Income
$54,583
$31,273 per capita
Home Value
$65,500
Zillow: $222,093
Median Rent
$550/mo
18.8% of income on rent
Bachelor's Degree+
19.4%
94.0% high school+
Unemployment
9.5%
7.2% poverty rate
Obesity Rate
37.1%
16.2% smoking rate
How Ivanhoe Compares to the U.S. Average
Each bar shows Ivanhoe's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Ivanhoe a Good Place to Live?
B+
3.5 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Ivanhoe residents earn a median household income of $54,583 , which is 27% below the national average of $75,149.
Per capita income is $31,273. The unemployment rate stands at 9.5% (164% above the U.S. rate of 3.6%). 7.2% of residents live below the poverty line. The area is home to 226 business establishments, including 10 restaurants.
Housing & Cost of Living
The median home value in Ivanhoe is $65,500 , 77% below the national median of $281,900.
Zillow estimates the typical home at $222,093. Median rent is $550/month, with 18.8% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1959.
Education
19.4% of adults in Ivanhoe hold a bachelor's degree or higher
(42% below the national average).
94.0% have completed high school. Local schools score 6.4/10 in standardized testing.
Climate & Weather
Ivanhoe has an average annual temperature of 43°F (6°C).
Winters average 12°F in January while summers reach 70°F in July. Annual precipitation totals 29.9 inches.
Data Overview
People
Population627
Median Age42.8 yrs
Density965/mi²
Male / Female53% / 47%
Foreign Born0.8%
Veterans5.3%
Economy
C+
Median Income$54,583
Per Capita$31,273
Unemployment9.5%
Poverty7.2%
County GDP$588M
Avg Weekly Wage$872
Housing
A+
Home Value$65,500
Rent$550
Ownership80.1%
Zillow$222,093
Housing Units333
Rent Burden18.8%
Health
Obesity37.1%
Diabetes9.1%
Smoking16.2%
Heart Disease5.4%
Premature Death6,358/100K
Climate
Avg Temp43°F
Rain29.9 in/yr
Elevation1,684 ft
Education
C+
Bachelor's+19.4%
High School+94.0%
Graduate+4.4%
School Score6.4/10
Community
2024 VoteR 68% / D 30%
Commute19 min
Broadband89.0%
Internet Speed53 Mbps
EV Stations1
Libraries4
Did You Know?
The median home in Ivanhoe was built in 1959.
The nearest airport is Southwest Minnesota Regional Marshall/Ryan Field (21 miles).
The Gini coefficient (income inequality) is 0.440 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
22.1% of the population has a disability.
The county recorded 2 fatal vehicle crashes.