Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 34.8 yrs |
|---|---|
| Avg HH Size | 2.26 |
| Below Poverty | 7.8% ▼ 22% below avg |
| College Grads | 35.1% ▼ 9% below avg |
| Unemployment | 1.3% ▼ 74% below avg |
| No HS Diploma | 5 (0.4%) |
| HS Graduate | 484 (36%) |
| Some College | 153 (11.4%) |
| Associates | 231 (17.2%) |
| Bachelors | 207 (15.4%) |
| Graduate Degree | 265 (19.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $70,568 ▼ 8% below avg |
|---|---|
| Median Home Value | $134,200 ▼ 52% below avg |
| Home/Income Ratio | 1.9x (nat avg ~3.5x) |
| Median Rent | $938/mo |
| Total Housing Units | 977 |
| Vacant Units | 81 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Truman is a city in Minnesota, located in Martin County. The city spans 1 ZIP code and is home to approximately 2,063 residents. It is a relatively young city, with a median age of 34.8 years.
Economically, Truman is a solidly middle-class community. The median household income of $70,568 is near the national average. Approximately 7.8% of residents live below the poverty line. The unemployment rate is 1.3%, well below the national average.
The real estate market in Truman is one of the more affordable housing markets in the country. Median home values stand at $134,200, which is well below the national average. Renters typically pay around $938 per month. Homeownership is high at 67.0%, typical of suburban and family-oriented communities.
The population of Truman is moderately educated. 35.1% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (93.84%).
Truman, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56088 | 2,063 | $70,568 | $134,200 | $938 | 1.3% | 35.1% | 67.0% |