Is Thompson a Good Place to Live?
Based on current data, Thompson receives an overall livability score of 3.5 out of 5.0, earning a grade of B+. Key strengths include above-average household incomes, affordable housing, abundant sunshine. Areas to be aware of include above-average unemployment. Thompson offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Thompson is $96,000, 28% above the national average of $75,149. Residents generally enjoy above-average earning potential. At 8.9%, unemployment is notably high. 14.5% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 14 minutes, shorter than most U.S. cities.
Cost of Living & Housing
The median home value in Thompson is $200,000, 29% below the national median — offering relatively affordable homeownership. Renters pay a median of $1,050 per month, below the national average — a plus for affordability. At just 2.1x median income, home prices are very affordable relative to local earnings.
Education
13.1% of residents hold a bachelor's degree, below the national average of 33.7%. 30.7% have completed high school.
Climate & Weather
Thompson has a cool climate with an average annual temperature of 33°F. Winters average 2°F in January while summers reach 61°F in July. The area gets 236 sunny days per year. Annual precipitation totals 20.4 inches, including 33.7 inches of snow.