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Thompsons

Learn about the people, housing, costs and businesses in Thompsons, Texas

Median Home$429,389
Median Rent$2,221/month
Population244
Leading IndustriesFinance & Insurance · Arts, Food & Hospitality · Information & Media8% finance & insurance
Home Value Growth+10.8% over 2 years
Family-Friendly40% of residentstop 1% nationally
Homeowners87% of occupied units
NotableHigh Incomes$133k/year · top 6% nationally
NotableHighly Educated27% bachelor's · 28% graduate · top 14% nationally
Thompsons
TX

Frequently Asked Questions

What are today's mortgage rates in Thompsons?

As of today, the 30-year fixed mortgage rate for Thompsons is approximately 6.854% (6.889% 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?

The median home value in Thompsons is $429k. The median monthly rent is $2,221. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Thompsons?

Home values in Thompsons have increased 10.8% 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?

Based on a typical all-in ownership cost of $2,610/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $112k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Thompsons is $133k/year.

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What industries drive the economy in Thompsons?

The largest employment sectors in Thompsons are public administration (24%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.