Thompsonville, IL
Population 475 · Illinois
About Thompsonville, IL
Thompsonville is a small community in Illinois with a population of 475 residents. The median household income is $46,023 per year, which is below the national average. The median age in Thompsonville is 39.4 years.
Housing in Thompsonville has a median home value of $85,700 and median monthly rent of $708. Of the 303 total housing units, the majority are owner-occupied, with 138 owner-occupied and 92 renter-occupied units.
The unemployment rate in Thompsonville is 8.3% and the poverty rate is 16.2%. 12.1% of residents hold a bachelor's degree or higher. The average commute time is 33.3 minutes.
Cost of Living in Thompsonville, IL
Compared to national averages, Thompsonville has a median household income of $46,023 (39% below the national median of $75,149). Home values average $85,700, which is 65% below the national median. Monthly rent at $708 is 39% below the US average of $1,163. Within Illinois, Thompsonville's income is 39% below the state average of $75,072, and home values are 48% below the state median of $165,779.
Why Live in Thompsonville, IL?
Thompsonville offers affordable housing with a median home value of $85,700, below the US average of $244,900, and rent that’s lower than the national average at $708/month.
Potential considerations include median household income ($46,023) that falls below the national average. However, Thompsonville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Thompsonville has a population of 475 with a median age of 39.4 years. Compare Thompsonville with other cities to see how it stacks up, or explore all cities in Illinois.
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Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Thompsonville
What is the population of Thompsonville, IL?
The population of Thompsonville, IL is 475 according to the latest Census data.
What is the median household income in Thompsonville?
The median household income in Thompsonville, IL is $46,023 per year.
What is the median home value in Thompsonville?
The median home value in Thompsonville, IL is $85,700.
What is the average rent in Thompsonville?
The median monthly rent in Thompsonville, IL is $708.
What is the unemployment rate in Thompsonville?
The unemployment rate in Thompsonville, IL is 8.3%.