Living in Thomson, Illinois
Cost of living, income, home prices, rent and demographics of Thomson · Census data 2020–2024
Thomson has 1,757 residents with a median age of 40.7. The median household income is $61,250 (27% lower than the Illinois median), the median home value is $117,000, the median rent is $918/month.
Thomson at a glance
- Population
- 1,757
- Median age
- 40.7State: 39
- Median household income
- $61,250State: $83,390
- Median home value
- $117,000State: $263,300
- Median rent
- $918/moState: $1,274
- Homeowners
- 69.3%
- Bachelor's degree or higher
- 4.4%
- Average commute
- 18 min
Is Thomson a good place to live?
Pros: Home values 56% lower than the state median; an average commute of 18 minutes.
Cons: Median household income 27% lower than the Illinois median; unemployment of 8.9%; a poverty rate of 21.3%.
The weather is best in June to September.
Cost of living in Thomson
Housing is the biggest part of the cost of living. In Thomson the median home value is $117,000, 65% lower than the U.S. median. Renters pay a median of $918 per month, which is 31.7% of household income. Homeowners with a mortgage pay $1,267 a month in housing costs.
Thomson median household income
The median household income in Thomson is $61,250 and the income per person is $8,924. 21.3% of residents live below the poverty line (Illinois: 11.8%).
Housing in Thomson: homes for sale and rent
- Housing units
- 203
- Owner-occupied
- 69.3%
- Renter-occupied
- 30.7%
- Vacant
- 18.2%Includes seasonal homes
- Median year built
- 1965
- Average household size
- 2.01
Thomson demographics
- Population
- 1,757
- Median age
- 40.7
- Under 18
- 1.8%
- 65 and older
- 7.7%
- Households
- 166
- Foreign-born
- 11.4%
- Veterans
- 8.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Thomson ›
Education in Thomson
4.4% of adults 25 and older in Thomson have a bachelor's degree or higher (Illinois: 37.8%), and 0.9% have a graduate or professional degree.
Jobs and commute in Thomson
- Unemployment rate
- 8.9%State: 5.8%
- Average commute
- 18 minState: 28 min
- Work from home
- 1.3%
- Drive alone
- 83.9%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 88%
Thomson vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Thomson | 1,757 | $61,250 | $117,000 | $918 |
| Sabula | 547 | $77,656 | $133,300 | $950 |
| Fulton | 3,709 | $45,581 | $121,700 | $954 |
| Savanna | 2,816 | $48,036 | $72,400 | $835 |
| Mount Carroll | 1,501 | $58,500 | $86,600 | $785 |
| Clinton | 24,322 | $60,230 | $118,200 | $791 |
| Miles | 398 | $72,708 | $130,700 | $758 |
| Chadwick | 591 | $78,688 | $85,700 | — |
| Goose Lake | 387 | $76,875 | $139,900 | — |
More for people moving to Thomson
Thomson ZIP code ›Weather and climate ›Living in Thomson: FAQ
What is the median household income in Thomson, IL?
The median household income in Thomson is $61,250, 27% 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 Thomson?
The median home value in Thomson is $117,000, compared with $263,300 in Illinois.
How much is rent in Thomson?
The median gross rent in Thomson is $918 per month, about 31.7% of household income.
Is Thomson, IL a good place to live?
Pluses: home values 56% lower than the state median; an average commute of 18 minutes. Minuses: median household income 27% lower than the Illinois median; unemployment of 8.9%; a poverty rate of 21.3%.
What is the median age in Thomson?
The median age in Thomson is 40.7 years (Illinois: 39).
How long is the commute in Thomson?
The average commute to work in Thomson is 18 minutes; 1.3% of workers work from home.
What is the unemployment rate in Thomson?
The unemployment rate in Thomson is 8.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Thomson?
4.4% of adults in Thomson 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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