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Thompsontown

Learn about the people, housing, costs and businesses in Thompsontown, Pennsylvania

Median Home$207,800
Median Rent$764/month
Population625
Leading IndustriesRetail · Wholesale Trade · Construction19% retail
Home Value Growth⬆⬆+16.5% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners76% of occupied units
Thompsontown
PA

Frequently Asked Questions

What are today's mortgage rates in Thompsontown?

As of today, the 30-year fixed mortgage rate for Thompsontown is approximately 6.960% (7.001% 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 Thompsontown?

The median home value in Thompsontown is $208k. The median monthly rent is $764. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Thompsontown?

Home values in Thompsontown have increased 16.5% 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 Thompsontown?

Based on a typical all-in ownership cost of $776/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Thompsontown is $70k/year.

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What industries drive the economy in Thompsontown?

The largest employment sectors in Thompsontown are retail (19%) and public administration (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.