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 $154,800, lower than the Michigan average of $196,062.
The average cost of rent is $711/mo in Thompson, primarily driven by the current value of real estate in the Thompson area. While nearly 47.91% of residents own their homes outright in Thompson, 6.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in Thompson is $4,615 per month. Households that rent pay about 15.41% of their income on rent here. Thompson's most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Minor Beach, MI: higher priced homes
- Cooks, MI: equally priced homes
- Garden Corners, MI: less expensive homes
- Sunset Beach, MI: higher priced homes
- Fayette, MI: equally priced homes
- Manistique, MI: less expensive homes
- Fairport, MI: less expensive homes
- Garden, MI: less expensive homes
- Ossawinamakee Beach, MI: higher priced homes
- Nahma, MI: less expensive homes
Cities with Similar Populations
- Eden, WY: less expensive homes
- Stony, VA: less expensive homes
- Elsie, OR: higher priced homes
- Elm Springs, TN: less expensive homes
- Elk Falls, KS: less expensive homes
- Elgin, OH: less expensive homes
- Eldridge, ND: equally priced homes
- El Rancho, NM: equally priced homes
- Eichelbergertown, PA: equally priced homes
- Egypt, GA: 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