Safe Rate Local
Learn about the people, housing, costs and businesses in Thomson, Illinois
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Thomson.
True all-in cost — P&I, taxes, insurance & utilities for homes in Thomson.
Find and compare lenders active near Thomson.
FEMA flood zones and flood insurance estimates for Thomson.
Seismic risk and earthquake insurance estimates for Thomson.
Wildfire exposure and insurance estimates for Thomson.
As of today, the 30-year fixed mortgage rate for Thomson is approximately 7.325% (7.341% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for ThomsonThe median home value in Thomson is $166k. The median monthly rent is $945. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Thomson have increased 17.9% 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.
Based on a typical all-in ownership cost of $974/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Thomson is $68k/year.
Calculate your buying powerThe largest employment sectors in Thomson are retail (21%) and public administration (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.