Living in Thompsonville, Illinois
Cost of living, income, home prices, rent and demographics of Thompsonville · Census data 2020–2024
Thompsonville has 500 residents with a median age of 40.3. The median household income is $46,058 (45% lower than the Illinois median), the median home value is $84,500, the median rent is $674/month.
Thompsonville is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Thompsonville at a glance
- Population
- 500
- Median age
- 40.3State: 39
- Median household income
- $46,058State: $83,390
- Median home value
- $84,500State: $263,300
- Median rent
- $674/moState: $1,274
- Homeowners
- 51.1%
- Bachelor's degree or higher
- 12.2%
- Average commute
- 30 min
Is Thompsonville a good place to live?
Pros: Home values 68% lower than the state median.
Cons: Median household income 45% lower than the Illinois median; an average commute of 30 minutes; unemployment of 8.4%; a poverty rate of 18%.
The weather is best in May–June and September–October.
Cost of living in Thompsonville
Housing is the biggest part of the cost of living. In Thompsonville the median home value is $84,500, 75% lower than the U.S. median. Renters pay a median of $674 per month, which is 30.1% of household income. Homeowners with a mortgage pay $950 a month in housing costs.
Thompsonville median household income
The median household income in Thompsonville is $46,058 and the income per person is $31,270. 18% of residents live below the poverty line (Illinois: 11.8%).
Housing in Thompsonville: homes for sale and rent
- Housing units
- 283
- Owner-occupied
- 51.1%
- Renter-occupied
- 48.9%
- Vacant
- 17%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 2.13
Thompsonville demographics
- Population
- 500
- Median age
- 40.3
- Under 18
- 24.6%
- 65 and older
- 19.4%
- Households
- 235
- Foreign-born
- 0.8%
- Veterans
- 5.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Thompsonville ›
Education in Thompsonville
12.2% of adults 25 and older in Thompsonville have a bachelor's degree or higher (Illinois: 37.8%), and 4.9% have a graduate or professional degree.
Jobs and commute in Thompsonville
- Unemployment rate
- 8.4%State: 5.8%
- Average commute
- 30 minState: 28 min
- Work from home
- 3.6%
- Drive alone
- 79.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 70.6%
Thompsonville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Thompsonville | 500 | $46,058 | $84,500 | $674 |
| Hanaford | 332 | $60,750 | $54,500 | — |
| West Frankfort | 7,118 | $47,898 | $81,200 | $661 |
| Galatia | 913 | $48,258 | $70,200 | $912 |
| Pittsburg | 682 | $53,203 | $129,200 | $1,026 |
| Benton | 6,863 | $54,123 | $87,200 | $798 |
| Johnston City | 3,327 | $42,465 | $88,100 | $976 |
| West City | 662 | $48,750 | $71,400 | $860 |
| Orient | 417 | $39,750 | $49,800 | $779 |
More for people moving to Thompsonville
Thompsonville ZIP code ›Weather and climate ›Living in Thompsonville: FAQ
What is the median household income in Thompsonville, IL?
The median household income in Thompsonville is $46,058, 45% lower than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Thompsonville?
The median home value in Thompsonville is $84,500, compared with $263,300 in Illinois.
How much is rent in Thompsonville?
The median gross rent in Thompsonville is $674 per month, about 30.1% of household income.
Is Thompsonville, IL a good place to live?
Pluses: home values 68% lower than the state median. Minuses: median household income 45% lower than the Illinois median; an average commute of 30 minutes; unemployment of 8.4%; a poverty rate of 18%.
What is the median age in Thompsonville?
The median age in Thompsonville is 40.3 years (Illinois: 39).
How long is the commute in Thompsonville?
The average commute to work in Thompsonville is 30 minutes; 3.6% of workers work from home.
What is the unemployment rate in Thompsonville?
The unemployment rate in Thompsonville is 8.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Thompsonville?
12.2% of adults in Thompsonville 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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