Truro, MA
Maps & Population Facts
Population
1,580
Population Density
75
Labor Participaton
60.2%
Bachelor's or Higher
45.9%
Median Household Income
$62,844
Median Individual Income
$28,520
Median Individual Income(Full-time Workers Only)
$41,367
Housing Estimates
Median House Value
$486,000
Median Gross Rent
$1,019
Median Mortgage Payment
$1,772
Housing Units
3,189
People who reside in Truro live in:
Detached - Single Family Homes
89%
Apt, Condo, Other
11%
Analysis
Income
Households in Truro earn more money than the national median income, averaging 4% higher per household.
Housing
Truro has a median house price of $486,000. The cost of homeownership is significantly higher than most areas. The cost of renting in Truro is 1% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 13% |
Demographics
The median age in Truro is 60. Truro has a population that is significantly older than in comparison to the US median age.
Truro ranks in the highest of the nation for having an educated population with more college graduates per resident than most areas.
Housing Data
Housing Comparison
Truro | Massachusetts | USA | |
Median Property Value | 486,000 | 385,400 | 217,600 |
Median Mortgage Payment | 1,772 | 2,108 | 1,513 |
Median Gross Rent | 1,019 | 1,208 | 1,012 |
Property Vacancy | 75.0% | 10.0% | 12.6% |
% Renters | 17% | 38% | 36% |
Residents per Sq. Mi. | 75 | 885 | 93 |
Personal Comparison
Truro | Massachusetts | USA | |
Median Household Income | 62,844 | 77,385 | 60,336 |
Median Individual Income | 28,520 | 41,700 | 33,646 |
Median Income (Full-Time) | 41,367 | 60,923 | 46,881 |
Median Age | 60.3 | 39.5 | 38.1 |
Labor Participation | 60.2% | 67.8% | 62.8% |
Attained College Degree | 45.9% | 43.4% | 32.0% |
Population Density Analysis
Truro, MA
75
Residents per Sq. Mile
The population density of Truro is comparable to that of a Remote Area.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +