Living in Lake Ivanhoe, Wisconsin

Cost of living, income, home prices, rent and demographics of Lake Ivanhoe · Census data 2020–2024

Lake Ivanhoe has 558 residents with a median age of 33.5. The median household income is $71,250 (8% lower than the Wisconsin median), the median home value is $255,900, the median rent is $1,054/month.

Lake Ivanhoe is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Lake Ivanhoe at a glance

Population
558
Median age
33.5State: 40.2
Median household income
$71,250State: $77,485
Median home value
$255,900State: $266,500
Median rent
$1,054/moState: $1,087
Homeowners
94.8%
Bachelor's degree or higher
21.7%
Average commute
24 min

Is Lake Ivanhoe a good place to live?

Pros: Home values 4% lower than the state median; unemployment of 1.9%; a poverty rate of 5%.

Cons: Median household income 8% lower than the Wisconsin median; an average commute of 24 minutes.

The weather is best in June to September.

Cost of living in Lake Ivanhoe

Housing is the biggest part of the cost of living. In Lake Ivanhoe the median home value is $255,900, 23% lower than the U.S. median. Renters pay a median of $1,054 per month, which is 33.5% of household income. Homeowners with a mortgage pay $1,781 a month in housing costs.

Median home value

Lake Ivanhoe$255,900
Wisconsin$266,500
United States$332,700

Median monthly rent

Lake Ivanhoe$1,054
Wisconsin$1,087
United States$1,413

Lake Ivanhoe median household income

The median household income in Lake Ivanhoe is $71,250 and the income per person is $47,230. 5% of residents live below the poverty line (Wisconsin: 10.6%).

Median household income

Lake Ivanhoe$71,250
Wisconsin$77,485
United States$80,734

Housing in Lake Ivanhoe: homes for sale and rent

Housing units
213
Owner-occupied
94.8%
Renter-occupied
5.2%
Vacant
0%Includes seasonal homes
Median year built
1998
Average household size
2.60

Lake Ivanhoe demographics

Population
558
Median age
33.5
Under 18
21.7%
65 and older
12%
Households
213
Foreign-born
8.6%
Veterans
9.8%Adults 18+

Race and ethnicity

White78.1%
Hispanic or Latino14%
Black4.1%
Asian0%

Hispanic or Latino can be of any race. Population history of Lake Ivanhoe ›

Education in Lake Ivanhoe

21.7% of adults 25 and older in Lake Ivanhoe have a bachelor's degree or higher (Wisconsin: 33.4%), and 8.4% have a graduate or professional degree.

Bachelor's degree or higher

Lake Ivanhoe21.7%
Wisconsin33.4%
United States35.7%

Jobs and commute in Lake Ivanhoe

Unemployment rate
1.9%State: 3.2%
Average commute
24 minState: 22 min
Work from home
7.1%
Drive alone
87%
Public transit
0%
Walk to work
0%
Homes with broadband
92.5%

Lake Ivanhoe vs nearby towns

TownPopulationMedian incomeHome valueRent
Lake Ivanhoe558$71,250$255,900$1,054
Bloomfield4,780$98,068$236,100$1,265
Powers Lake1,278$83,750$285,100—
Bohners Lake2,460$76,359$266,800$1,144
Lake Geneva8,521$75,629$343,800$1,389
Lyons1,196$112,639$288,000$1,630
Genoa City2,942$81,213$241,300$1,181
Springfield100$45,962$264,800—
New Munster234$85,673$305,800—

More for people moving to Lake Ivanhoe

Lake Ivanhoe ZIP code ›Weather and climate ›

Living in Lake Ivanhoe: FAQ

What is the median household income in Lake Ivanhoe, WI?

The median household income in Lake Ivanhoe is $71,250, 8% lower than the Wisconsin median of $77,485 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Lake Ivanhoe?

The median home value in Lake Ivanhoe is $255,900, compared with $266,500 in Wisconsin.

How much is rent in Lake Ivanhoe?

The median gross rent in Lake Ivanhoe is $1,054 per month, about 33.5% of household income.

Is Lake Ivanhoe, WI a good place to live?

Pluses: home values 4% lower than the state median; unemployment of 1.9%; a poverty rate of 5%. Minuses: median household income 8% lower than the Wisconsin median; an average commute of 24 minutes.

What is the median age in Lake Ivanhoe?

The median age in Lake Ivanhoe is 33.5 years (Wisconsin: 40.2).

How long is the commute in Lake Ivanhoe?

The average commute to work in Lake Ivanhoe is 24 minutes; 7.1% of workers work from home.

What is the unemployment rate in Lake Ivanhoe?

The unemployment rate in Lake Ivanhoe is 1.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Lake Ivanhoe?

21.7% of adults in Lake Ivanhoe have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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