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Thompsonville, MI

Full City Profile · Michigan · Wexford County County

2.9 /5.0
C+ Fair
508 Population 508/sq mi density
$62,083 Median Income $27,298 per capita
$100,700 Home Value $295,770 Zillow
$731 Median Rent 24.4% income on rent
45°F Avg Temperature 270 sunny days/yr
305 Violent Crime/100K 1,840 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$62,083 median income, 1.7% unemployment
A+
Affordability
5.0 / 5.0
$100,700 home value, $731/mo rent
F
Safety
1.0 / 5.0
305 violent crimes/100K
D
Education
1.7 / 5.0
9.0% bachelor's degree or higher

Housing Overview

Median Home Value
$100,700
64% below
US avg: $281,900
Median Rent
$731/mo
37% below
US avg: $1,163/mo
Homeownership Rate
70.6%
8% above US avg (65.4%)
Total Housing Units
278
Median year built: 1978

Home Value by Source

Census Median
$100,700
Zillow (ZHVI)
$295,770
Median Sale Price
$230,000
Median List Price
$68,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

70.6%
Owner-Occupied
29.4%
Renter-Occupied
71%
29%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent: $731/mo

Market Indicators (Redfin)

Median Days on Market
230 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
100.0%
of listings with price reduction
Price Per Sq Ft
$200
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
24.4%
of renters spending 30%+ of income on housing
21% below US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
70.6%

Complete Housing Data

Home Values

Census Median Value$100,700
Zillow Home Value (ZHVI)$295,770
Median Sale Price$230,000
Median List Price$68,000
Price Per Sq Ft$200

Rent

Census Median Rent$731
FMR Studio$807
FMR 1-Bedroom$891
FMR 2-Bedroom$1,113
FMR 3-Bedroom$1,419
FMR 4-Bedroom$1,588

Market

Days on Market230
Sale-to-List Ratio1.0%
Price Drops100.0%
Homes Sold1
Active Inventory1
Price Per Sq Ft$200

Ownership & Stock

Owner-Occupied70.6%
Renter-Occupied29.4%
Homeownership Rate70.6%
Total Housing Units278
Median Year Built1978
Rent Burden24.4%