Thompson, PA
Population 297 · Pennsylvania
About Thompson, PA
Thompson is a small community located in Pennsylvania with a population of 297 residents according to the latest US Census Bureau American Community Survey data. The median household income is $62,500 per year, which is 17% below the national median of $75,149. The median age of 34.9 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Thompson features a median home value of $134,100, which is 45% below the national median of $244,900. This makes Thompson one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,300, 12% above the national average of $1,163/month. Of the 147 total housing units, 64% are owner-occupied (64 units) and 36% are renter-occupied (36 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Thompson shows an unemployment rate of 10.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 23.9%, above the national average of 12.4%. Workers in Thompson have an average one-way commute time of 35 minutes.
Education & Demographics
16.0% of Thompson residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 3.0% Hispanic or Latino, 0.0% Black or African American, and 0.3% Asian residents, with 0.7% of the population being foreign-born.
Cost of Living in Thompson, PA
Compared to national averages, Thompson has a median household income of $62,500 (17% below the national median of $75,149). Home values average $134,100, which is 45% below the national median. Monthly rent at $1,300 is 12% above the US average of $1,163. Within Pennsylvania, Thompson's income is 15% below the state average of $73,376, and home values are 30% below the state median of $190,903.
Why Live in Thompson, PA?
Thompson offers affordable housing with a median home value of $134,100, below the US average of $244,900.
Potential considerations include median household income ($62,500) that falls below the national average. However, Thompson’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Thompson has a population of 297 with a median age of 34.9 years. Compare Thompson with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Thompson
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Berrysburg | 297 | $63,750 | $146,100 | Compare |
| Reinerton | 299 | $47,667 | $117,000 | Compare |
| Timber Hills | 295 | $134,063 | $349,000 | Compare |
| Mackeyville | 300 | $70,313 | $159,400 | Compare |
| Ulster | 294 | $59,375 | $165,300 | Compare |
| West Liberty | 294 | $54,583 | $269,000 | Compare |
| Coulter | 293 | $61,250 | $95,000 | Compare |
| Midland | 301 | $34,408 | $120,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Pennsylvania
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Thompson With Other Cities
Frequently Asked Questions about Thompson
What is the population of Thompson, PA?
The population of Thompson, PA is 297 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Pennsylvania.
What is the median household income in Thompson?
The median household income in Thompson, PA is $62,500 per year, which is 17% below the national median of $75,149.
What is the median home value in Thompson?
The median home value in Thompson, PA is $134,100, which is 45% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Thompson?
The median monthly rent in Thompson, PA is $1,300, which is 12% above the national average of $1,163/month.
What is the unemployment rate in Thompson?
The unemployment rate in Thompson, PA is 10.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Thompson, PA a good place to live?
Thompson offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 297 and a median age of 34.9, the city appeals to young professionals and families.
How educated is Thompson, PA?
16.0% of residents in Thompson aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Thompson?
Key cost-of-living indicators for Thompson, PA: median home value is $134,100 (45% below national), median rent is $1,300/month, and median household income is $62,500. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Thompson?
The poverty rate in Thompson, PA is 23.9%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Thompson, PA?
Thompson's population is 0.0% White, 3.0% Hispanic or Latino, 0.0% Black or African American, 0.3% Asian, and 0.3% two or more races. 0.7% of residents are foreign-born.