The Town FilesIvanhoe, Minnesota
City in Lincoln County · population 560 (2020 Census)
- Median home
- $66,500
- Household income
- $52,552
- Jan low / Jul high
- 5° / 83°
- Snow a year
- 44 in
- Tornadoes ≤10 mi since 1950
- 11
- Median age
- 42.2
Ivanhoe is a city of 560 people in Lincoln County, Minnesota. The median home is worth $66,500, below the typical Minnesota town ($301,800). It ranks better for first-time buyers than 98% of Minnesota towns, better for cycling than 88% of Minnesota towns, better for retirees than 87% of Minnesota towns.
How Ivanhoe ranks
Percentile among Minnesota towns with at least 500 people on The Town Files lifestyle rankings. 50 is typical for the state; 90 means better than 90% of Minnesota towns.
Homes and cost of living
The median home in Ivanhoe is worth $66,500, below the typical Minnesota town ($301,800). Homes cost about 1.3 times the median household income of $52,552, which is more affordable than 99% of Minnesota towns. Median rent is $625 a month. 71.6% of households own their home.
| Housing | Ivanhoe | Typical Minnesota town |
|---|---|---|
| Median home value | $66,500 | $301,800 |
| Median rent | $625 | $991 |
| Median household income | $52,552 | $87,375 |
| Home value ÷ income | 1.3× | 3.4× |
| Homeownership | 71.6% | 88.6% |
| Median year built | 1956 | 1979 |
| Seasonal / vacation homes | 1.9% | — |
Who lives in Ivanhoe
| People | Ivanhoe | Typical Minnesota town |
|---|---|---|
| Median age | 42.2 | 42.7 |
| Age 65 and over | 23.2% | 20.0% |
| Under 18 | 17.7% | — |
| Bachelor's degree or higher | 17.3% | 26.2% |
| Below the poverty line | 18.5% | 6.9% |
| Veterans | 4.8% | — |
| Born outside the U.S. | 1.8% | — |
| Work from home | 7.6% | 11.1% |
| Average commute | 20.3 min | 24.5 min |
| Homes with broadband | 84.3% | 90.2% |
Weather in Ivanhoe
July highs average 83.0°F and January lows 5.4°F. About 27.9 inches of rain and melted snow fall a year, with 44.3 inches of snow (typical Minnesota town: 47.0 in). Expect about 15 days a year at 90°F or hotter and 163 nights at or below freezing.
Tornadoes, storms and disasters
11 tornadoes have passed within 10 miles of Ivanhoe since 1950, compared with 14 for the typical Minnesota town. 3 rated (E)F2 or stronger. The strongest, an F4, struck on July 7, 1955 about 2.8 miles from the town center and killed 1. Tornadoes within 10 miles have caused 1 deaths and 15 injuries since 1950. The most recent was on June 24, 2018.
Hail of 1 inch or larger has been reported within 10 miles 30 times; the largest was 3.50 inches on July 18, 1963.
Severe weather in Lincoln County since 1996
Lincoln County has been included in 14 federal disaster or emergency declarations since 1953, most often for flood, drought, hurricane.
| Declared | Incident | Declaration |
|---|---|---|
| July 8, 2022 | Severe Storm | DR-4658: Severe Storms, Straight-Line Winds, Tornadoes, And Flooding |
| April 7, 2020 | Biological | DR-4531: Covid-19 Pandemic |
| March 13, 2020 | Biological | EM-3453: Covid-19 |
| June 12, 2019 | Flood | DR-4442: Severe Winter Storm, Straight-Line Winds, And Flooding |
| July 28, 2011 | Severe Storm | DR-4009: Severe Storms, Flooding, And Tornadoes |
Jobs and pay in Lincoln County
Lincoln County had 1,684 jobs in 2024, paying an average of $45,358 a year. Unemployment was 3% in 2023; in Ivanhoe itself the ACS puts it at 7%.
Public schools in Ivanhoe
1 public school with 68 students, about 9.7 students per teacher.
| School | Grades | Students | Per teacher |
|---|---|---|---|
| Lincoln Elementary - Ivanhoe | PK-6 | 68 | 9.7 |
Towns near Ivanhoe
- Hendricks, MN9.1 mi · 616 people · home $115,500
- Tyler, MN14.1 mi · 1,138 people · home $151,100
- Lake Benton, MN14.2 mi · 687 people · home $99,800
- Minneota, MN14.9 mi · 1,366 people · home $161,300
- Canby, MN17.4 mi · 1,695 people · home $128,300
- Elkton, SD19.4 mi · 755 people · home $185,100
- White, SD19.5 mi · 537 people · home $128,800
- Marshall, MN22.8 mi · 13,628 people · home $210,300
Ivanhoe questions
Is Ivanhoe, Minnesota a good place to retire?
On The Town Files lifestyle rankings, Ivanhoe scores better for retirees than 87% of Minnesota towns and quieter than 63%. 23.2% of residents are 65 or older (median age 42.2).
How much does a house cost in Ivanhoe?
The median owner-occupied home in Ivanhoe is valued at $66,500 (Census ACS 2020–2024), against a median household income of $52,552, so homes cost about 1.3 times income. Median rent is $625 a month.
What is the weather like in Ivanhoe?
July highs average 83.0°F and January lows 5.4°F (NOAA 1991–2020 normals). It gets about 27.9 inches of precipitation a year and 44.3 inches of snow.
Does Ivanhoe get tornadoes?
11 tornadoes have passed within 10 miles of Ivanhoe since 1950 (NOAA Storm Events); the strongest was a F4 on July 7, 1955. The typical Minnesota town has had 14.
- U.S. Census Bureau, American Community Survey 5-year estimates (2020–2024)
- U.S. Census Bureau, 2020 Census and 2025 Gazetteer (2020 / 2025)
- NOAA NCEI U.S. Climate Normals (1991–2020)
- NOAA NCEI Storm Events Database (1950–2026)
- FEMA OpenFEMA Disaster Declarations (this product uses the FEMA OpenFEMA API but is not endorsed by FEMA) (1953–2026)
- NCES Common Core of Data (2023–24)
- BLS Quarterly Census of Employment and Wages; USDA ERS county unemployment (BLS LAUS) (2000–2024)
- The Town Files lifestyle rankings, built from federal demographic, school, crime and housing data (2025)