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These days, finding an affordable place to live in the Thompsonville area can be challenging. Home prices in Thompsonville are now at a median cost of $207,783, lower than the Michigan average of $250,415.
The average cost of rent is $988/mo in Thompsonville, primarily driven by the current value of real estate in the Thompsonville area. In Thompsonville, 12.27% of households rent, and 41.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Thompsonville is $5,245 per month. Households that rent pay about 18.85% of their income on rent here. Thompsonville’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wallin, MI: equally priced homes
- Copemish, MI: less expensive homes
- Pomona, MI: less expensive homes
- Harlan, MI: less expensive homes
- Karlin, MI: higher priced homes
- Benzonia, MI: higher priced homes
- Beulah, MI: higher priced homes
- Interlochen, MI: higher priced homes
- Bear Lake, MI: equally priced homes
- Honor, MI: higher priced homes
Cities with Similar Populations
- Trout Run, PA: equally priced homes
- Garden Plain, KS: higher priced homes
- Gibson, GA: less expensive homes
- Hershey, NE: equally priced homes
- Holdingford, MN: higher priced homes
- Houston, MN: higher priced homes
- Hydro, OK: less expensive homes
- Strattanville, PA: less expensive homes
- Sunol, CA: higher priced homes
- Thomasboro, IL: less expensive homes
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