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Thompsonville village, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.9x is exceptionally low

As of 2026, Thompsonville village, Illinois has a total population of 475, the 955th largest city in Illinois, with a median household income of $46,023, which is 44% lower than the state average. The poverty rate is 16.2%.

Key Takeaways

Thompsonville village Quick Facts

Population 475
Median Household Income $46,023
Median Home Value $85,700
Poverty Rate 16.2%
Unemployment Rate 8.3%
Median Age 39.4 years
Homeownership Rate 60.0%
Affordability Ratio 1.9x
Bachelor's Degree or Higher 12.1%
High School Graduation Rate 82.0%
Diversity Index 6/100
Population 475 955th of 1,445
Median Income $46,023 bottom 20%
Poverty Rate 16.2% 30% higher national
Median Home Value $85,700 bottom 30%

How Thompsonville village Compares

Economy & Housing

Employment

8.3% Unemployment Rate State: 5.8% | National: 5.2%
62.6% Labor Force Participation

Housing Overview

Owner 60.0%
Renter 40.0%
Affordability Index Very Affordable
1.9x home value to income ratio

People & Demographics

Diversity Index

6out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 60 | National average: 60

Education

Thompsonville village Rankings in Illinois

#955 Population of 1,445
#1219 Median Income of 1,445
#1021 Education of 1,445
#1030 Home Value of 1,445

Cities Similar to Thompsonville village

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Cherry village488$47,250$96,90013.5%12.3%
De Land village472$50,500$90,0005.8%11.9%
Wilsonville village492$49,038$86,0006.1%13.7%
Buckley village472$52,212$91,70013.6%16.2%
Sorento village503$48,333$52,9009.6%19.1%

Population Overview

Thompsonville village is a small community located in Illinois. The total population is 475. It ranks as the 955th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Thompsonville village is 39.4 years. This is 1% higher than the state median of 38.9 years. 11.6% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Thompsonville village is $46,023. This is 44% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 41% lower. The poverty rate stands at 16.2%. This is 38% higher than the state poverty rate of 11.7%. The unemployment rate is 8.3%. This is 44% higher than the state rate of 5.8%. The median home value is $85,700. Housing costs are 66% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.9x, Thompsonville village is one of the most affordable housing markets in the area. 60.0% of occupied housing units are owner-occupied. This homeownership rate is 10% lower than the state average of 66.8%.

Race & Ethnicity

Thompsonville village has a predominantly White (non-Hispanic) population, comprising 96.8% of all residents. Black or African American residents account for 0.4%. The White (non-Hispanic) population is significantly higher than the state average (96.8% vs 58.8%). The Black or African American population (0.4%) is well below the state average of 13.6%.

Education

12.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 67% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 82.0%.

Data Sources & Methodology

All demographic data for Thompsonville village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Thompsonville village, Illinois?

Thompsonville village, Illinois has a population of 475 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Thompsonville village, IL?

The median household income in Thompsonville village is $46,023, which is 41% lower the national median of $78,538.

What is the poverty rate in Thompsonville village, IL?

The poverty rate in Thompsonville village is 16.2%. This means approximately 77 residents live below the federal poverty line.

What is the racial makeup of Thompsonville village, Illinois?

Thompsonville village's population is 96.8% White, 0.4% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Thompsonville village, IL?

The median home value in Thompsonville village is $85,700. The home-value-to-income ratio is 1.9x.

How educated is Thompsonville village, Illinois?

12.1% of adults (25+) in Thompsonville village hold a bachelor's degree or higher, and 4.6% hold a graduate or professional degree.