Thurman, IA
Population 197 · Iowa
About Thurman, IA
Thurman is a small community located in Iowa with a population of 197 residents according to the latest US Census Bureau American Community Survey data. The median household income is $88,500 per year, which is 18% above the national median of $75,149. The median age of 46.7 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Thurman features a median home value of $103,100, which is 58% below the national median of $244,900. This makes Thurman one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,322, 14% above the national average of $1,163/month. Of the 60 total housing units, 52% are owner-occupied (31 units) and 48% are renter-occupied (29 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Thurman shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Thurman have an average one-way commute time of 25 minutes.
Education & Demographics
3.1% of Thurman residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 12.7% White, 0.5% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.5% of the population being foreign-born.
Cost of Living in Thurman, IA
Compared to national averages, Thurman has a median household income of $88,500 (18% above the national median of $75,149). Home values average $103,100, which is 58% below the national median. Monthly rent at $1,322 is 14% above the US average of $1,163. Within Iowa, Thurman's income is 30% above the state average of $67,947, and home values are 22% below the state median of $132,237.
Why Live in Thurman, IA?
Thurman offers a strong local economy with a median household income of $88,500, well above the national average, and affordable housing with a median home value of $103,100, below the US average of $244,900, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 6.6%, better than the national average.
Thurman has a population of 197 with a median age of 46.7 years. Compare Thurman with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Thurman
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bradford | 196 | $63,182 | $0 | Compare |
| New Providence | 196 | $83,250 | $80,000 | Compare |
| Marathon | 199 | $40,417 | $41,700 | Compare |
| Marble Rock | 199 | $65,938 | $59,300 | Compare |
| Rake | 199 | $41,071 | $34,200 | Compare |
| Fairport | 200 | $0 | $219,700 | Compare |
| Portsmouth | 200 | $79,643 | $115,500 | Compare |
| Cincinnati | 201 | $43,750 | $42,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Thurman With Other Cities
Frequently Asked Questions about Thurman
What is the population of Thurman, IA?
The population of Thurman, IA is 197 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Iowa.
What is the median household income in Thurman?
The median household income in Thurman, IA is $88,500 per year, which is 18% above the national median of $75,149.
What is the median home value in Thurman?
The median home value in Thurman, IA is $103,100, which is 58% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Thurman?
The median monthly rent in Thurman, IA is $1,322, which is 14% above the national average of $1,163/month.
What is the unemployment rate in Thurman?
The unemployment rate in Thurman, IA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Thurman, IA a good place to live?
Thurman offers above-average incomes, affordable housing, and a strong job market. With a population of 197 and a median age of 46.7, the city appeals to established professionals and retirees.
How educated is Thurman, IA?
3.1% of residents in Thurman aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Thurman?
Key cost-of-living indicators for Thurman, IA: median home value is $103,100 (58% below national), median rent is $1,322/month, and median household income is $88,500. The home-value-to-income ratio is 1.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Thurman?
The poverty rate in Thurman, IA is 6.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Thurman, IA?
Thurman's population is 12.7% White, 0.5% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 1.5% of residents are foreign-born.