Ivanhoe, VA
Population 711 · Virginia
About Ivanhoe, VA
Ivanhoe is a small community located in Virginia with a population of 711 residents according to the latest US Census Bureau American Community Survey data. The median household income is $37,313 per year, which is 50% below the national median of $75,149. The median age of 26.1 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Ivanhoe features a median home value of $87,700, which is 64% below the national median of $244,900. This makes Ivanhoe one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 175 total housing units, 93% are owner-occupied (163 units) and 7% are renter-occupied (12 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ivanhoe shows an unemployment rate of 5.5%, which is near the national rate of 3.7%. The poverty rate stands at 54.1%, above the national average of 12.4%. Workers in Ivanhoe have an average one-way commute time of 29.7 minutes.
Education & Demographics
3.8% of Ivanhoe residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 1.1% White, 4.5% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.7% of the population being foreign-born.
How Ivanhoe Ranks in Virginia
Cost of Living in Ivanhoe, VA
Compared to national averages, Ivanhoe has a median household income of $37,313 (50% below the national median of $75,149). Home values average $87,700, which is 64% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Virginia, Ivanhoe's income is 58% below the state average of $87,957, and home values are 73% below the state median of $327,514.
Why Live in Ivanhoe, VA?
Ivanhoe offers affordable housing with a median home value of $87,700, below the US average of $244,900, and rent that’s lower than the national average at $0/month.
Potential considerations include median household income ($37,313) that falls below the national average. However, Ivanhoe’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ivanhoe has a population of 711 with a median age of 26.1 years. Compare Ivanhoe with other cities to see how it stacks up, or explore all cities in Virginia.
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Cities in Virginia with a similar population size.
Demographics
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Economy & Education
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Other Cities in Virginia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Ivanhoe
What is the population of Ivanhoe, VA?
The population of Ivanhoe, VA is 711 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Virginia.
What is the median household income in Ivanhoe?
The median household income in Ivanhoe, VA is $37,313 per year, which is 50% below the national median of $75,149.
What is the median home value in Ivanhoe?
The median home value in Ivanhoe, VA is $87,700, which is 64% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ivanhoe?
The median monthly rent in Ivanhoe, VA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Ivanhoe?
The unemployment rate in Ivanhoe, VA is 5.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Ivanhoe, VA a good place to live?
Ivanhoe offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 711 and a median age of 26.1, the city appeals to young professionals and families.
How educated is Ivanhoe, VA?
3.8% of residents in Ivanhoe aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Ivanhoe?
Key cost-of-living indicators for Ivanhoe, VA: median home value is $87,700 (64% below national), median rent is $0/month, and median household income is $37,313. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ivanhoe?
The poverty rate in Ivanhoe, VA is 54.1%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Ivanhoe, VA?
Ivanhoe's population is 1.1% White, 4.5% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 2.7% of residents are foreign-born.