Thompson, IA
Full City Profile · Iowa · Winnebago County County
Thompson, IA
At a Glance
How Thompson Compares to the U.S. Average
Each bar shows Thompson's value as a percentage of the national average (100% = U.S. avg)
Is Thompson a Good Place to Live?
Economy & Jobs
Thompson residents earn a median household income of $49,375 , which is 34% below the national average of $75,149. Per capita income is $40,163. The unemployment rate stands at 4.5% (25% above the U.S. rate of 3.6%). 6.5% of residents live below the poverty line. The area is home to 393 business establishments, including 21 restaurants.
Housing & Cost of Living
The median home value in Thompson is $99,600 , 65% below the national median of $281,900. Zillow estimates the typical home at $98,777. Median rent is $696/month, with 35.1% of renters spending more than 30% of income on housing. The cost of living index is 87.8 (100 = national average). The median home was built in 1957.
Education
34.0% of adults in Thompson hold a bachelor's degree or higher (1% above the national average). 88.3% have completed high school. Local schools score 5.8/10 in standardized testing.
Climate & Weather
Thompson has an average annual temperature of 45°F (7°C). Winters average 14°F in January while summers reach 71°F in July. Annual precipitation totals 35.9 inches.