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Truman, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,212
Population
$61,188
Median Income
$106,400
Home Value
33.0
Median Age

Demographics

Truman has a population of 1,212 with a median age of 33.0. Here is the racial and ethnic breakdown of the population:

White
93.3%
Hispanic
5.0%
Other
1.4%
Demographic Value
Total Population1,212
Median Age33.0
White93.3%
Black or African American0.1%
Asian0.2%
Hispanic or Latino5.0%
Other / Two or More Races1.4%
Truman, Minnesota — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 93.3%Hispanic/Latino: 5.0%Other: 1.7%1,212PopulationWhiteWhite93.3%Hispanic/LatinoHispanic/Latino5.0%OtherOther1.7%

Income & Economy

The median household income in Truman is $61,188, which is 24.1% below the national median of $80,610. The per capita income is $30,457. The poverty rate is 10.9%.

$61,188
Median Household Income
$30,457
Per Capita Income
10.9%
Poverty Rate

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Education

In Truman, 93.7% of residents age 25+ have a high school diploma or higher, and 21.5% hold a bachelor's degree or higher (5.9% with a graduate or professional degree).

HS Diploma+
93.7%
Bachelor's+
21.5%
Graduate+
5.9%
Education Level % of Adults (25+)
High School Diploma or Higher93.7%
Bachelor's Degree or Higher21.5%
Graduate or Professional Degree5.9%

Housing

The median home value in Truman is $106,400, below the national median of $303,400. The median monthly rent is $1,052. The homeownership rate is 65.1%.

$106,400
Median Home Value
$1,052/mo
Median Rent
65.1%
Homeownership Rate
Housing Metric Value
Median Home Value$106,400
Median Monthly Rent$1,052
Homeownership Rate65.1%
Vacancy Rate9.8%

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Frequently Asked Questions

What is the population of Truman, Minnesota?
The population of Truman, Minnesota is 1,212 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Truman, Minnesota?
The median household income in Truman, Minnesota is $61,188. This is 24.1% below the national median of $80,610.
What is the median home value in Truman, Minnesota?
The median home value in Truman, Minnesota is $106,400. The median monthly rent is $1,052.
What percentage of people in Truman have a college degree?
In Truman, Minnesota, 21.5% of adults age 25 and older hold a bachelor's degree or higher, and 93.7% have a high school diploma or higher.
Is Truman, Minnesota an affordable place to live?
The home price-to-income ratio in Truman, Minnesota is 1.7x (median home value $106,400 vs. median income $61,188), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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