Living in Thompson, Connecticut
Cost of living, income, home prices, rent and demographics of Thompson · Census data 2020–2024
Thompson has 9,337 residents with a median age of 54.1. The median household income is $93,629 (about the same as the Connecticut median), the median home value is $291,900, the median rent is $1,012/month.
Thompson at a glance
- Population
- 9,337
- Median age
- 54.1State: 41.1
- Median household income
- $93,629State: $95,781
- Median home value
- $291,900State: $366,900
- Median rent
- $1,012/moState: $1,488
- Homeowners
- 84.3%
- Bachelor's degree or higher
- 21.9%
- Average commute
- 32 min
Is Thompson a good place to live?
Pros: Home values 20% lower than the state median; a poverty rate of 5.9%.
Cons: Median household income about the same as the Connecticut median; an average commute of 32 minutes; unemployment of 7.9%.
The weather is best in June to September.
Cost of living in Thompson
Housing is the biggest part of the cost of living. In Thompson the median home value is $291,900, 12% lower than the U.S. median. Renters pay a median of $1,012 per month, which is 30.6% of household income. Homeowners with a mortgage pay $1,879 a month in housing costs.
Thompson median household income
The median household income in Thompson is $93,629 and the income per person is $53,331. 5.9% of residents live below the poverty line (Connecticut: 10%).
Housing in Thompson: homes for sale and rent
- Housing units
- 4,417
- Owner-occupied
- 84.3%
- Renter-occupied
- 15.7%
- Vacant
- 6.5%Includes seasonal homes
- Median year built
- 1963
- Average household size
- 2.24
Thompson demographics
- Population
- 9,337
- Median age
- 54.1
- Under 18
- 11.4%
- 65 and older
- 24.4%
- Households
- 4,130
- Foreign-born
- 4.4%
- Veterans
- 7.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Thompson ›
Education in Thompson
21.9% of adults 25 and older in Thompson have a bachelor's degree or higher (Connecticut: 42.5%), and 9.4% have a graduate or professional degree.
Jobs and commute in Thompson
- Unemployment rate
- 7.9%State: 5.6%
- Average commute
- 32 minState: 27 min
- Work from home
- 13.1%
- Drive alone
- 81.4%
- Public transit
- 0%
- Walk to work
- 0.5%
- Homes with broadband
- 92.4%
Thompson vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Thompson | 9,337 | $93,629 | $291,900 | $1,012 |
| Mechanicsville | 721 | $44,349 | $242,900 | $1,097 |
| Quinebaug | 1,193 | $105,181 | $237,800 | — |
| Webster | 17,748 | $72,895 | $361,500 | $1,228 |
| Dudley | 11,929 | $84,604 | $392,600 | $1,217 |
| Putnam | 9,292 | $70,561 | $269,200 | $1,149 |
| South Woodstock | 1,340 | $97,801 | $247,600 | $1,203 |
| Douglas | 9,207 | $152,267 | $470,600 | $1,503 |
| Woodstock | 8,319 | $112,011 | $417,200 | $1,202 |
More for people moving to Thompson
Thompson ZIP code ›Weather and climate ›Living in Thompson: FAQ
What is the median household income in Thompson, CT?
The median household income in Thompson is $93,629, about the same as the Connecticut median of $95,781 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Thompson?
The median home value in Thompson is $291,900, compared with $366,900 in Connecticut.
How much is rent in Thompson?
The median gross rent in Thompson is $1,012 per month, about 30.6% of household income.
Is Thompson, CT a good place to live?
Pluses: home values 20% lower than the state median; a poverty rate of 5.9%. Minuses: median household income about the same as the Connecticut median; an average commute of 32 minutes; unemployment of 7.9%.
What is the median age in Thompson?
The median age in Thompson is 54.1 years (Connecticut: 41.1).
How long is the commute in Thompson?
The average commute to work in Thompson is 32 minutes; 13.1% of workers work from home.
What is the unemployment rate in Thompson?
The unemployment rate in Thompson is 7.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Thompson?
21.9% of adults in Thompson have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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