Living in Thompsonville, Michigan
Cost of living, income, home prices, rent and demographics of Thompsonville · Census data 2020–2024
Thompsonville has 490 residents with a median age of 35.3. The median household income is $66,250 (9% lower than the Michigan median), the median home value is $115,800, the median rent is $734/month.
Thompsonville is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Thompsonville at a glance
- Population
- 490
- Median age
- 35.3State: 40.2
- Median household income
- $66,250State: $72,875
- Median home value
- $115,800State: $231,600
- Median rent
- $734/moState: $1,129
- Homeowners
- 73.5%
- Bachelor's degree or higher
- 10.4%
- Average commute
- 26 min
Is Thompsonville a good place to live?
Pros: Home values 50% lower than the state median; unemployment of 2%.
Cons: Median household income 9% lower than the Michigan median; an average commute of 26 minutes; a poverty rate of 18.3%.
The weather is best in June to September.
Cost of living in Thompsonville
Housing is the biggest part of the cost of living. In Thompsonville the median home value is $115,800, 65% lower than the U.S. median. Renters pay a median of $734 per month, which is 24.6% of household income. Homeowners with a mortgage pay $1,250 a month in housing costs.
Thompsonville median household income
The median household income in Thompsonville is $66,250 and the income per person is $29,972. 18.3% of residents live below the poverty line (Michigan: 13.2%).
Housing in Thompsonville: homes for sale and rent
- Housing units
- 283
- Owner-occupied
- 73.5%
- Renter-occupied
- 26.5%
- Vacant
- 18.7%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 2.13
Thompsonville demographics
- Population
- 490
- Median age
- 35.3
- Under 18
- 18.8%
- 65 and older
- 19.6%
- Households
- 230
- Foreign-born
- 4.7%
- Veterans
- 4.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Thompsonville ›
Education in Thompsonville
10.4% of adults 25 and older in Thompsonville have a bachelor's degree or higher (Michigan: 32.4%), and 3.5% have a graduate or professional degree.
Jobs and commute in Thompsonville
- Unemployment rate
- 2%State: 5.7%
- Average commute
- 26 minState: 24 min
- Work from home
- 3.7%
- Drive alone
- 79.1%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 89.6%
Thompsonville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Thompsonville | 490 | $66,250 | $115,800 | $734 |
| Copemish | 255 | $46,250 | $77,400 | $950 |
| Crystal Mountain | 166 | $120,938 | $547,400 | — |
| Nessen City | 149 | $62,222 | $160,400 | — |
| Bendon | 315 | $69,750 | $196,200 | — |
| Benzonia | 718 | $61,875 | $209,100 | $1,125 |
| Kaleva | 542 | $43,125 | $94,200 | $1,594 |
| Beulah | 218 | $71,000 | $485,700 | $607 |
| Honor | 172 | $45,341 | $223,800 | — |
More for people moving to Thompsonville
Thompsonville ZIP code ›Weather and climate ›Living in Thompsonville: FAQ
What is the median household income in Thompsonville, MI?
The median household income in Thompsonville is $66,250, 9% lower than the Michigan median of $72,875 (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 $115,800, compared with $231,600 in Michigan.
How much is rent in Thompsonville?
The median gross rent in Thompsonville is $734 per month, about 24.6% of household income.
Is Thompsonville, MI a good place to live?
Pluses: home values 50% lower than the state median; unemployment of 2%. Minuses: median household income 9% lower than the Michigan median; an average commute of 26 minutes; a poverty rate of 18.3%.
What is the median age in Thompsonville?
The median age in Thompsonville is 35.3 years (Michigan: 40.2).
How long is the commute in Thompsonville?
The average commute to work in Thompsonville is 26 minutes; 3.7% of workers work from home.
What is the unemployment rate in Thompsonville?
The unemployment rate in Thompsonville is 2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Thompsonville?
10.4% 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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