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Thompsons Station

Learn about the people, housing, costs and businesses in Thompsons Station, Tennessee

Median Home$659,889
Median Rent$2,130/month
Population7,944
Leading IndustriesArts, Food & Hospitality · Healthcare · Education10% arts, food & hospitality
Home Value Growth⬆⬆+11.7% over 2 years
Retirees53% of residentstop 1% nationally
Homeowners87% of occupied units
NotableHigh Incomes$159k/year · top 3% nationally
NotableHighly Educated25% bachelor's · 13% graduate · top 18% nationally
Thompsons Station
TN

Explore Thompsons Station

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Thompsons Station?

As of today, the 30-year fixed mortgage rate for Thompsons Station is approximately 6.831% (6.865% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Thompsons Station?

The median home value in Thompsons Station is $660k. The median monthly rent is $2,130. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Thompsons Station?

Home values in Thompsons Station have increased 11.7% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Thompsons Station?

Based on a typical all-in ownership cost of $2,076/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $89k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Thompsons Station is $159k/year.

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What industries drive the economy in Thompsons Station?

The largest employment sectors in Thompsons Station are public administration (22%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.