Thompson's Station, TN
Population 7,855 · Tennessee
About Thompson's Station, TN
Thompson's Station is a small town located in Tennessee with a population of 7,855 residents according to the latest US Census Bureau American Community Survey data. The median household income is $122,139 per year, which is 63% above the national median of $75,149. The median age of 36.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Thompson's Station features a median home value of $598,200, which is 144% above the national median of $244,900. This places Thompson's Station in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,124, 83% above the national average of $1,163/month. Of the 2,743 total housing units, 78% are owner-occupied (2,116 units) and 22% are renter-occupied (583 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Thompson's Station shows an unemployment rate of 4.6%, which is near the national rate of 3.7%. The poverty rate stands at 3.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Thompson's Station have an average one-way commute time of 30.2 minutes.
Education & Demographics
60.6% of Thompson's Station residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 4.0% White, 2.3% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 4.2% of the population being foreign-born.
How Thompson's Station Ranks in Tennessee
Cost of Living in Thompson's Station, TN
Compared to national averages, Thompson's Station has a median household income of $122,139 (63% above the national median of $75,149). Home values average $598,200, which is 144% above the national median. Monthly rent at $2,124 is 83% above the US average of $1,163. Within Tennessee, Thompson's Station's income is 94% above the state average of $62,849, and home values are 179% above the state median of $214,371.
Why Live in Thompson's Station, TN?
Thompson's Station offers a strong local economy with a median household income of $122,139, well above the national average, and a well-educated community where 60.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $598,200. However, Thompson's Station’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Thompson's Station has a population of 7,855 with a median age of 36.7 years. Compare Thompson's Station with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Thompson's Station
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Humboldt | 7,799 | $42,873 | $111,300 | Compare |
| Lexington | 7,943 | $49,253 | $173,200 | Compare |
| South Cleveland | 7,748 | $64,607 | $195,700 | Compare |
| Ripley | 7,718 | $39,047 | $152,200 | Compare |
| Milan | 8,194 | $45,608 | $121,400 | Compare |
| Pulaski | 8,305 | $45,420 | $168,200 | Compare |
| La Follette | 7,308 | $34,678 | $106,000 | Compare |
| Harrison | 8,446 | $89,753 | $254,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Tennessee
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Thompson's Station With Other Cities
Frequently Asked Questions about Thompson's Station
What is the population of Thompson's Station, TN?
The population of Thompson's Station, TN is 7,855 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Tennessee.
What is the median household income in Thompson's Station?
The median household income in Thompson's Station, TN is $122,139 per year, which is 63% above the national median of $75,149.
What is the median home value in Thompson's Station?
The median home value in Thompson's Station, TN is $598,200, which is 144% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Thompson's Station?
The median monthly rent in Thompson's Station, TN is $2,124, which is 83% above the national average of $1,163/month.
What is the unemployment rate in Thompson's Station?
The unemployment rate in Thompson's Station, TN is 4.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Thompson's Station, TN a good place to live?
Thompson's Station offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 7,855 and a median age of 36.7, the city appeals to a broad range of residents.
How educated is Thompson's Station, TN?
60.6% of residents in Thompson's Station aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Thompson's Station?
Key cost-of-living indicators for Thompson's Station, TN: median home value is $598,200 (144% above national), median rent is $2,124/month, and median household income is $122,139. The home-value-to-income ratio is 4.9x, a moderate figure by national standards.
What is the poverty rate in Thompson's Station?
The poverty rate in Thompson's Station, TN is 3.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Thompson's Station, TN?
Thompson's Station's population is 4.0% White, 2.3% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.2% two or more races. 4.2% of residents are foreign-born.