And he's not taking hormones because they would kill his sex drive and, "at 60, there's not a lot left," he joked.
But just like there were some raised eyebrows to his election, his possible move to TV hasn't been met with completely open arms by his colleagues.
Silverton City Manager Bryan Cosgrove told ABCNews.com that he and Rasmussen have been in touch with the state's ethics commission after some council members raised concerns about his profiting from his mayoral post, an unpaid volunteer position.
Cosgrove stressed that there is no ethics investigation for now, but he and the mayor are researching possible conflicts of interest should the program get picked up and put on the air.
"He needs to know up-front what his limits are," Cosgrove said, adding that as long as the show isn't a distraction for the town, he has no problem with it. "This is just a very unique situation."
Rasmussen said he has not been paid for the time he spent filming but would expect that if the show got picked up he would be compensated.
He, too, doesn't want to see Silverton's way of life compromised by a television show but noted that, like so many communities suffering in the economy, Silverton could benefit from the tourism boost a show could bring.
"I want to be absolutely certain this is not detrimental to our community," he said.
Rasmussen said that he initially turned down many offers, instead hiring an agency to represent him and sift through the proposals. The offer for this particular show was agreed upon, he said, in January.
Five-year councilman Kyle Palmer told ABCNews.com that, like Cosgrove, he's fine with the idea of a reality TV show as long as it doesn't interfere with the running of the town's government.
"The only feedback I really heard is they were sort of in the way," he said of the filming that took place at last Monday's council meeting. "Not in our way, but our audience's way."
Some of the more conservative members of the council, he said, were concerned not only about the interruption to the meetings but how a show centered on Rasmussen would portray the town to the outside world.
"Reaction was sort of mixed," he said. "It doesn't trouble me."
Denise Leclair, executive director of the International Foundation for Gender Education in Waltham Mass., said she had heard that Rasmussen had been approached about a show and said exposing his lifestyle could be a good thing for the community.
"People aren't that familiar with us," she said, adding that unfamiliarity can breed misconceptions. "Most of us are pretty average people."
Rasmussen said, "We are almost where gay people were 30 years ago."
Leclair pointed to a handful of transgendered people on television, including Candis Cayne's role on ABC's "Dirty Sexy Money" and Calpernia Addams on LOGO's "American Love Story."
But with about 3 million transgendered people in the United States, or about 1 percent of the population, the community isn't accordingly represented in most places, including politics and Hollywood. A reality show would help portray transgendered people as they are -- normal and average -- Leclair said, even if it doesn't help Rasmussen's career.
"Being able to execute his office as mayor," she said. "I'm not sure it's going to help that."