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These days, finding an affordable place to live in the Thompson Springs area can be challenging. Home prices in Thompson Springs are now at a median cost of $475,000, lower than the Utah average of $525,914.
The average cost of rent is $1,161/mo in Thompson Springs, primarily driven by the current value of real estate in the Thompson Springs area. In Thompson Springs, 14.24% of households rent, and 60.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Thompson Springs is $6,771 per month. Households that rent pay about 17.15% of their income on rent here. Thompson Springs’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Green River, UT: less expensive homes
- Cisco, UT: equally priced homes
- Castle Valley, UT: equally priced homes
- Moab, UT: higher priced homes
- Mack, CO: higher priced homes
- Gateway, CO: higher priced homes
- Glade Park, CO: higher priced homes
- Loma, CO: higher priced homes
- Gilsonite, CO: higher priced homes
- La Sal, UT: less expensive homes
Cities with Similar Populations
- Falls Mill, WV: less expensive homes
- Wesleyanna, TN: less expensive homes
- West Andover, OH: less expensive homes
- West Boothbay Harbor, ME: equally priced homes
- West Davenport, NY: less expensive homes
- West Durham, NY: less expensive homes
- Floyd, KY: less expensive homes
- Five Islands, ME: less expensive homes
- Fisher, WA: higher priced homes
- Fillmore, ND: less expensive homes
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