Ivanhoe is a city located in Lincoln County Minnesota. It is also the county seat of Lincoln County. With a 2020 population of 523, it is the 483rd largest city in Minnesota and the 13111th largest city in the United States . Ivanhoe is currently declining at a rate of -0.76% annually and its population has decreased by -6.44% since the most recent census, which recorded a population of 559 in 2010. Ivanhoe reached it's highest population of 569 in 2010. Spanning over 1 miles, Ivanhoe has a population density of 588 people per square mile.
The average household income in Ivanhoe is $54,803 with a poverty rate of 11.23%. The median rental costs in recent years comes to $750 per month, and the median house value is $69,500. The median age in Ivanhoe is 49.8 years, 48.7 years for males, and 50.1 years for females.