2020 census
The 2020 United States census counted 178 people, 102 households, and 50 families in Lebanon. The population density was 552.8 per square mile (213.4/km2). There were 139 housing units at an average density of 431.7 per square mile (166.7/km2). The racial makeup was 93.26% (166) white or European American (90.45% non-Hispanic white), 1.69% (3) black or African-American, 0.56% (1) Native American or Alaska Native, and 4.49% (8) from two or more races. Hispanic or Latino of any race was 2.81% (5) of the population.
Of the 102 households, 16.7% had children under the age of 18; 37.3% were married couples living together; 29.4% had a female householder with no spouse or partner present. 47.1% of households consisted of individuals and 27.5% had someone living alone who was 65 years of age or older. The average household size was 2.1 and the average family size was 2.5. The percent of those with a bachelor’s degree or higher was estimated to be 18.5% of the population.
14.6% of the population was under the age of 18, 4.5% from 18 to 24, 14.0% from 25 to 44, 35.4% from 45 to 64, and 31.5% who were 65 years of age or older. The median age was 58.0 years. For every 100 females, there were 107.0 males. For every 100 females ages 18 and older, there were 105.4 males.
The 2016–2020 5-year American Community Survey estimates show that the median household income was $33,333 (with a margin of error of +/- $9,864) and the median family income was $46,250 (+/- $21,160). Males had a median income of $31,406 (+/- $9,257) versus $28,750 (+/- $4,818) for females. The median income for those above 16 years old was $30,313 (+/- $3,703). Approximately, 9.1% of families and 17.1% of the population were below the poverty line, including 60.6% of those under the age of 18 and 7.2% of those ages 65 or over.