Truro, Iowa Demographics & Population 2026
During the 2020–2024 ACS period, Truro, Iowa had a total population of 518, the 467th largest city in Iowa, with a median household income of $78,750, which is 5% higher than the state average. The poverty rate is 12.5%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 2.5x.
- Near full employment with an unemployment rate of just 1.5%.
Truro Quick Facts
How Truro Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 534 | 518 | -3.0% |
| Median household income | $65,313 | $78,750 | +20.6% |
| Median home value | $166,700 | $195,100 | +17.0% |
How Truro Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 31 | National average: 61
Education
Educational Attainment (Adults 25+)
Truro Rankings in Iowa
Explore Iowa Rankings
Other Cities in Madison County
Cities Similar to Truro
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Ocheyedan | 511 | $79,500 | $102,400 | 4.3% | 6.3% |
| Grand Mound | 510 | $82,143 | $145,200 | 19.3% | 7.6% |
| Orleans | 527 | $74,750 | $573,200 | 43.2% | 1.9% |
| Wyoming | 525 | $73,000 | $105,700 | 18.3% | 12.8% |
| Sabula | 547 | $77,656 | $133,300 | 7.4% | 9.4% |
A note before these figures: with a population of 518, Truro's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Truro is a small community located in Iowa, within Madison County. The total population is 518. It ranks as the 467th most populous out of 1,017 Census-designated places in Iowa.
Age Demographics
The median age in Truro is 33.4 years. This is 13% lower than the state median of 38.6 years. With 30.9% of the population under 18, Truro has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Truro is $78,750. This is 5% higher than the state median of $75,059. It is also 2% lower than the national median of $80,734. The poverty rate stands at 12.5%. This is 13% higher than the state poverty rate of 11.1%. The unemployment rate is 1.5%. This is 58% lower than the state rate of 3.6%. The median home value is $195,100. Housing costs are 6% lower than the state median of $208,000. With a home-value-to-income ratio of just 2.5x, Truro is one of the most affordable housing markets in the area. 83.1% of occupied housing units are owner-occupied. This homeownership rate is 16% higher than the state average of 71.7%.
Race & Ethnicity
Truro has a predominantly White (non-Hispanic) population, comprising 94.4% of all residents. Hispanic or Latino residents account for 4.4%. The Black or African American population (0.6%) is well below the state average of 3.8%.
Education
20.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 34% lower than the state rate of 31.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.9%.
Data Sources & Methodology
All demographic data for Truro, Iowa is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,017 Census-designated places in Iowa. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
Free data download: Get all Iowa city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Truro, Iowa?
Truro, Iowa has a population of 518 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Truro, IA?
The median household income in Truro is $78,750, which is 2% lower than the national median of $80,734.
What is the poverty rate in Truro, IA?
The poverty rate in Truro is 12.5%. This means approximately 64 residents live below the federal poverty line.
What is the racial makeup of Truro, Iowa?
Truro's population is 94.4% White, 0.6% Black, 4.4% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Truro, IA?
The median home value in Truro is $195,100. The home-value-to-income ratio is 2.5x.
How educated is Truro, Iowa?
20.8% of adults (25+) in Truro hold a bachelor's degree or higher, and 2.8% hold a graduate or professional degree.