Thompsons, TX
Population 252 · Texas
About Thompsons, TX
Thompsons is a small community located in Texas with a population of 252 residents according to the latest US Census Bureau American Community Survey data. The median household income is $57,500 per year, which is 23% below the national median of $75,149. The median age of 53.4 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Thompsons features a median home value of $244,000, which is 0% below the national median of $244,900. This positions Thompsons in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 126 total housing units, 90% are owner-occupied (90 units) and 10% are renter-occupied (10 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Thompsons shows an unemployment rate of 2.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Thompsons have an average one-way commute time of 30.3 minutes.
Education & Demographics
8.0% of Thompsons 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 0.4% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.8% of the population being foreign-born.
Cost of Living in Thompsons, TX
Compared to national averages, Thompsons has a median household income of $57,500 (23% below the national median of $75,149). Home values average $244,000, which is 0% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Texas, Thompsons's income is 21% below the state average of $72,726, and home values are 15% above the state median of $211,769.
Why Live in Thompsons, TX?
Thompsons offers affordable housing with a median home value of $244,000, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 2.3%. Additionally, the city features a low poverty rate of 4.4%, better than the national average.
Potential considerations include median household income ($57,500) that falls below the national average. However, Thompsons’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Thompsons has a population of 252 with a median age of 53.4 years. Compare Thompsons with other cities to see how it stacks up, or explore all cities in Texas.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Thompsons
What is the population of Thompsons, TX?
The population of Thompsons, TX is 252 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Texas.
What is the median household income in Thompsons?
The median household income in Thompsons, TX is $57,500 per year, which is 23% below the national median of $75,149.
What is the median home value in Thompsons?
The median home value in Thompsons, TX is $244,000, which is 0% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Thompsons?
The median monthly rent in Thompsons, TX is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Thompsons?
The unemployment rate in Thompsons, TX is 2.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Thompsons, TX a good place to live?
Thompsons offers a moderate cost of living, affordable housing, and a strong job market. With a population of 252 and a median age of 53.4, the city appeals to established professionals and retirees.
How educated is Thompsons, TX?
8.0% of residents in Thompsons 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 Thompsons?
Key cost-of-living indicators for Thompsons, TX: median home value is $244,000 (0% below national), median rent is $0/month, and median household income is $57,500. The home-value-to-income ratio is 4.2x, a moderate figure by national standards.
What is the poverty rate in Thompsons?
The poverty rate in Thompsons, TX is 4.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Thompsons, TX?
Thompsons's population is 0.4% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 84.9% two or more races. 0.8% of residents are foreign-born.