Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Thompson area can be challenging. Home prices in Thompson are now at a median cost of $67,533, lower than the Alabama average of $185,232.
The average cost of rent is $299/mo in Thompson, primarily driven by the current value of real estate in the Thompson area. While nearly 68.21% of residents own their homes outright in Thompson, 23.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in Thompson is $1,814 per month. Households that rent pay about 16.47% of their income on rent here. Thompson's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Bruceville, AL: equally priced homes
- Union Springs, AL: higher priced homes
- Hardaway, AL: higher priced homes
- Armstrong, AL: equally priced homes
- Perote, AL: equally priced homes
- Fort Davis, AL: less expensive homes
- Fitzpatrick, AL: higher priced homes
- Inverness, AL: higher priced homes
- Almeria, AL: higher priced homes
- Mitchell, AL: higher priced homes
Cities with Similar Populations
- Farmersville, AL: higher priced homes
- Fremont, MO: higher priced homes
- Free Union, KY: higher priced homes
- Franklin, SD: higher priced homes
- Frankclay, MO: equally priced homes
- Fort Stanton, NM: higher priced homes
- Fort Dodge, KS: equally priced homes
- Formoso, KS: less expensive homes
- Foley, LA: higher priced homes
- Fish Camp, CA: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood