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Thompson, ND

Full City Profile · North Dakota · Grand Forks County County

4.2 /5.0
A Great
1,092 Population 2,540/sq mi density
$110,909 Median Income $46,653 per capita
$274,000 Home Value $361,447 Zillow
$706 Median Rent 26.5% income on rent
41°F Avg Temperature 276 sunny days/yr
A
Overall
4.2 / 5.0
Strong
A+
Economy
5.0 / 5.0
$110,909 median income, 0.1% unemployment
A+
Affordability
5.0 / 5.0
$274,000 home value, $706/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A
Education
4.2 / 5.0
39.7% bachelor's degree or higher

Housing Overview

Median Home Value
$274,000
3% below
US avg: $281,900
Median Rent
$706/mo
39% below
US avg: $1,163/mo
Homeownership Rate
92.0%
41% above US avg (65.4%)
Total Housing Units
417
Median year built: 1978

Home Value by Source

Census Median
$274,000
Zillow (ZHVI)
$361,447
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

92.0%
Owner-Occupied
8.0%
Renter-Occupied
92%
8%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$769/mo
1 Bedroom
$795/mo
2 Bedroom
$965/mo
3 Bedroom
$1,297/mo
4 Bedroom
$1,588/mo
Census median rent: $706/mo

Affordability & Housing Stock

Rent Burden
26.5%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
92.0%

Complete Housing Data

Home Values

Census Median Value$274,000
Zillow Home Value (ZHVI)$361,447

Rent

Census Median Rent$706
FMR Studio$769
FMR 1-Bedroom$795
FMR 2-Bedroom$965
FMR 3-Bedroom$1,297
FMR 4-Bedroom$1,588

Market

Ownership & Stock

Owner-Occupied92.0%
Renter-Occupied8.0%
Homeownership Rate92.0%
Total Housing Units417
Median Year Built1978
Rent Burden26.5%