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CITY · 2010 ACS

Thompson

Iowa · 502 residents · 0.857 sq mi
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The short version

Thompson has notably lower household income than the US average, with a median household income of $27,208. Population has fallen 16% since 2000, a loss of 94 residents. Median home value is $47,500. With a median age of 44.0, the population is older than the US median of 37.2. Households here earn about 44% less than the Iowa median.

At a glance
Lower income
below the US median
US median: $52,703
Older
median age 44.0
US median: 37.2
Less educated
19% hold a bachelor's degree
US average: 28%
Stable housing
home values roughly flat, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
502
−16%since 2000
from 596 in 2000
1990 – 2025
Population density
586 / sq mi
−16%since 2000
from 695 / sq mi in 2000
US average: 261
Median age
44.0
+17%since 2000
from 37.5 in 2000
US average: 37.2
Population, 1990 – 2024
3544385226066901990201020202024Thompson
2024459
1990201020202024
Section 02

Income & economy

Median household income
$27,208
−35%inflation adjusted, since 2000
from $32,868 in 2000
US average: $52,703
1990 – 2024
Per capita income
$19,066
+1%since 2000
from $18,919 in 2000
US average: $27,286
Households earning $100K+
19.7%
+4.3 ptssince 2009
from 15.4% in 2009
US average: 33.3%
Poverty rate
20.2%
+10.6 ptssince 2000
from 9.6% in 2000
US average: 13.8%
Income inequality (Gini)
0.456
US average: 0.461
Workforce by industry, 2010
Retail trade21.5%
US avg: 10.9%
Wholesale trade13%
US avg: 7.2%
Agriculture, forestry, fishing10.7%
US avg: 1.9%
Construction10.7%
US avg: 1.4%
Other services6.7%
US avg: 7%
Transportation & warehousing3.7%
US avg: 3.1%
Information2.2%
US avg: 11.5%
Public administration2.2%
US avg: 4.9%
Finance & insurance1.1%
US avg: 5.1%
Education & health services1.1%
US avg: 0.9%
Manufacturing0%
US avg: 0.5%
Professional, scientific, technical0%
US avg: 4.2%
Arts, entertainment, food0%
US avg: 2.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$47,500
+8%inflation adjusted, since 2000
from $34,800 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$494
+27%inflation adjusted, since 2000
from $306 in 2000
US average: $853
Owner-occupied
41.9%
−36.6 ptssince 2000
from 78.5% in 2000
21.2% rent
Vacancy rate
4.2%
−6.3 ptssince 2009
from 10.6% in 2009
US average: 12.1%
Owner cost-burdened
33.2%
−6.0 ptssince 2009
from 39.1% in 2009
US average: 30.9%
Renter cost-burdened
34.6%
+4.8 ptssince 2009
from 29.8% in 2009
US average: 46.8%
Afford Score
1.7
+65%since 2000
from 1.1 in 2000
1990 – 2024
RELATED:See current rent listings in Thompson on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic96.8%(577)
Black0%(0)
Hispanic / Latino1.5%(9)
Asian0.5%(3)
Other0%
Diversity Score5%(30)
2010
White, non-Hispanic97.4%(489)
Black0%(0)
Hispanic / Latino1%(5)
Asian1%(5)
Other1.8%(9)
Diversity Score9.1%(46)
Diversity Score
9
+81%since 2000
from 5 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
19.3%
+8.2 ptssince 2000
from 11.1% in 2000
US average: 27.9%
High school or higher
88.1%
+3.4 ptssince 2000
from 84.8% in 2000
US average: 84.9%
Graduate degree
4.0%
+0.5 ptssince 2000
from 3.4% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
17.7 min
+63%since 2000
from 10.8 min in 2000
US average: 25.2
Drive alone to work
58.6%
−2.9 ptssince 2009
from 61.5% in 2009
US average: 76.2%
Carpooled to work
11.3%
−1.8 ptssince 2009
from 13.1% in 2009
US average: 10.4%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 4.7%
Worked from home
12.8%
+6.0 ptssince 2009
from 6.8% in 2009
US average: 4.1%
Walked to work
14.3%
−1.6 ptssince 2009
from 15.8% in 2009
US average: 2.8%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.5%
No vehicle available
10.2%
−0.9 ptssince 2009
from 11.0% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
15.2%
−2.2 ptssince 2009
from 17.4% in 2009
US average: 12.9%
Management & professional
29.3%
−35.0 ptssince 2009
from 64.3% in 2009
US average: 35.2%
Section 08

People & community

Male
49.7%
+0.1 ptssince 2009
from 49.6% in 2009
Female
50.3%
−0.1 ptssince 2009
from 50.4% in 2009
Foreign born
1.6%
−0.7 ptssince 2009
from 2.4% in 2009
US average: 12.8%
Veterans
7.3%
−42.2 ptssince 2009
from 49.5% in 2009
US average: 9.9%
Drill deeper

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Compare Thompson to nearby cities

THOMPSON VS
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Income$64,603+137%
Home value$157,500+232%
Population18,217+3768%
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THOMPSON VS
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Income$64,804+138%
Home value$142,000+199%
Population26,853+5601%
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THOMPSON VS
Fairmont
Income$53,084+95%
Home value$169,900+258%
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THOMPSON VS
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Income$68,057+150%
Home value$163,900+245%
Population26,689+5566%
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Frequently asked

How many people live in Thompson, Iowa?

Thompson, Iowa has about 502 residents according to the 2010 American Community Survey.

What is the median household income in Thompson, Iowa?

The typical household in Thompson, Iowa earns about $27,208 a year. Half of households make more than that, and half make less.

Is Thompson, Iowa expensive?

In Thompson, Iowa, the median home is worth about $47,500, and the typical rent is about $494 a month.

How educated are people in Thompson, Iowa?

About 19.3% of adults age 25 and over in Thompson, Iowa hold a bachelor's degree or higher.

What is the poverty rate in Thompson, Iowa?

About 20.2% of people in Thompson, Iowa live below the federal poverty line.

Has Thompson, Iowa grown since 1990?

Yes, Thompson, Iowa has shrunk since 1990. The population has lost about 15 residents, a change of about -3 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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