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Truman city, Minnesota Demographics & Population 2026

Very AffordableHome value to income ratio of 1.7x is exceptionally low

As of 2026, Truman city, Minnesota has a total population of 1,223, the 326th largest city in Minnesota, with a median household income of $59,095, which is 33% lower than the state average. The poverty rate is 9.9%.

Key Takeaways

Truman city Quick Facts

Population 1,223
Median Household Income $59,095
Median Home Value $100,200
Poverty Rate 9.9%
Unemployment Rate 0.8%
Median Age 32.1 years
Homeownership Rate 58.8%
Affordability Ratio 1.7x
Bachelor's Degree or Higher 19.5%
High School Graduation Rate 94.8%
Diversity Index 14/100
Population 1,223 326th of 913
Median Income $59,095 below average
Poverty Rate 9.9% 21% lower national
Median Home Value $100,200 bottom 30%

How Truman city Compares

Economy & Housing

Employment

0.8% Unemployment Rate State: 3.9% | National: 5.2%
70.7% Labor Force Participation

Housing Overview

Owner 58.8%
Renter 41.2%
Affordability Index Very Affordable
1.7x home value to income ratio

People & Demographics

Diversity Index

14out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Truman city Rankings in Minnesota

#326 Population of 913
#587 Median Income of 913
#463 Education of 913
#700 Home Value of 913

Other Cities in Martin County

CityPopulationMedian IncomePovertyHome Value
Fairmont city 10,348 $59,228 12.4% $168,800
Welcome city 977 $55,357 13.2% $91,300
Sherburn city 946 $63,026 18.1% $97,900
Trimont city 658 $51,250 17.3% $83,900
Ceylon city 255 $32,206 9.5% $36,800
Granada city 231 $49,750 25.5% $88,500
Northrop city 212 $63,750 13.2% $118,800
Dunnell city 189 $29,408 1.1% $48,900

Cities Similar to Truman city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Spring Grove city1,223$60,221$148,20020.1%9.0%
Winnebago city1,247$58,438$106,50012.3%12.4%
Taylors Falls city1,208$61,548$256,00020.7%4.8%
Bagley city1,218$53,417$135,10013.4%15.5%
Atwater city1,217$66,071$144,30017.6%4.9%

Population Overview

Truman city is a small community located in Minnesota, within Martin County. The total population is 1,223. It ranks as the 326th most populous out of 913 cities and towns in Minnesota.

Age Demographics

The median age in Truman city is 32.1 years. This is 17% lower than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Truman city is $59,095. This is 33% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 25% lower. The poverty rate stands at 9.9%. This is 7% higher than the state poverty rate of 9.2%. The unemployment rate is 0.8%. This is 80% lower than the state rate of 3.9%. The median home value is $100,200. Housing costs are 67% lower than the state median of $305,500. With a home-value-to-income ratio of just 1.7x, Truman city is one of the most affordable housing markets in the area. 58.8% of occupied housing units are owner-occupied. This homeownership rate is 19% lower than the state average of 72.4%.

Race & Ethnicity

Truman city has a predominantly White (non-Hispanic) population, comprising 92.6% of all residents. Hispanic or Latino residents account for 5.7%. The Black or African American population (0.1%) is well below the state average of 6.7%. The Asian population (0.1%) is well below the state average of 5.0%.

Education

19.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 50% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.8%.

Data Sources & Methodology

All demographic data for Truman city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Truman city, Minnesota?

Truman city, Minnesota has a population of 1,223 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Truman city, MN?

The median household income in Truman city is $59,095, which is 25% lower the national median of $78,538.

What is the poverty rate in Truman city, MN?

The poverty rate in Truman city is 9.9%. This means approximately 117 residents live below the federal poverty line.

What is the racial makeup of Truman city, Minnesota?

Truman city's population is 92.6% White, 0.1% Black, 5.7% Hispanic/Latino, and 0.1% Asian.

What is the median home value in Truman city, MN?

The median home value in Truman city is $100,200. The home-value-to-income ratio is 1.7x.

How educated is Truman city, Minnesota?

19.5% of adults (25+) in Truman city hold a bachelor's degree or higher, and 4.1% hold a graduate or professional degree.