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Minnesota · Census place 65668

Truman, MN population, income and ZIP codes

Quick answer

The population of the city of Truman, Minnesota (Truman, MN — Census place “Truman city”) is 1,223 residents, ranking #327 of 914 places in Minnesota. Median household income is $59,095, the median home is worth $100,200 and median gross rent runs $942 a month. Looking for the Truman Minnesota ZIP code list? 1 ZIP codes serve Truman, MN: 56088.

Population
1,223Truman city residents
Median household income
$59,095Past 12 months, inflation adjusted
Median home value
$100,200Owner-occupied units
Median gross rent
$942Rent plus utilities, monthly
Median age
32.1 yrsAll residents
Homeownership rate
58.8%Owner-occupied households

Truman ZIP codes (Minnesota)

Census ZCTAs whose delivery area overlaps Truman.

The Truman MN ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

What the numbers mean in Truman city

Housing cost measured against local earnings.

A household earning the Truman city median would spend about 19.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.9% of residents and 58.8% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Truman city, MN in context

How this area compares with national benchmarks.

Truman city is a small town in Minnesota, with 1,223 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #327 of 914 ranked by population — larger than 64% of them. The median age here is 32.1 years against 39.1 nationally, a distinctly younger profile, typical of places with students, military posts or a fast-growing family population. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Truman city earn a median of $59,095 a year, 24.8% below the national figure of $78,538 and 22% below the $75,469 median for the 361 Minnesota cities we cover. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 9.9% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Truman city is valued at $100,200, 67% below the national figure and 58% below the $240,400 peer median, while median gross rent runs $942 a month, 33% below the national figure, or roughly $11,304 across a full year. A household on the local median income would put about 19.1% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 1.7×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 58.8% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

Places of similar size in Minnesota.

More Minnesota coverage.

Frequently asked questions

Common questions about this area.

What is the population of Truman city?
Truman city has 1,223 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #327 of 914 in Minnesota.
What is the median household income in Truman city?
Median household income in Truman city is $59,095 a year, 24.8% below the national figure of $78,538.
How much does it cost to rent or buy in Truman city?
Median gross rent is $942 a month and the median home value is $100,200, so rent absorbs about 19.1% of median household income.
Is Truman city affordable compared with the rest of the US?
Homes cost about 1.7× the local median income here versus roughly 3.9× nationally, so Truman city is more affordable to buy in than the typical US market, and rent takes 19.1% of median income against the 30% cost-burden line.
How current is this Truman city data?
All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.