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Thomson village, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 2.3x is exceptionally low

As of 2026, Thomson village, Illinois has a total population of 1,526, the 576th largest city in Illinois, with a median household income of $54,063, which is 34% lower than the state average. The poverty rate is 21.0%.

Key Takeaways

Thomson village Quick Facts

Population 1,526
Median Household Income $54,063
Median Home Value $122,300
Poverty Rate 21.0%
Unemployment Rate 13.1%
Median Age 39.1 years
Homeownership Rate 68.6%
Affordability Ratio 2.3x
Bachelor's Degree or Higher 5.2%
High School Graduation Rate 66.2%
Diversity Index 61/100
Population 1,526 576th of 1,445
Median Income $54,063 bottom 30%
Poverty Rate 21.0% 69% higher national
Median Home Value $122,300 average

How Thomson village Compares

Economy & Housing

Employment

13.1% Unemployment Rate State: 5.8% | National: 5.2%
17.9% Labor Force Participation

Housing Overview

Owner 68.6%
Renter 31.4%
Affordability Index Very Affordable
2.3x home value to income ratio

People & Demographics

Diversity Index

61out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 60 | National average: 60

Education

Thomson village Rankings in Illinois

#576 Population of 1,445
#1037 Median Income of 1,445
#1305 Education of 1,445
#650 Home Value of 1,445

Cities Similar to Thomson village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Winchester city1,543$54,286$96,00020.7%21.2%
Wyoming city1,532$57,969$105,70020.6%13.6%
Virginia city1,491$51,818$93,50015.6%14.6%
Warsaw city1,511$58,074$90,70019.2%11.5%
Mount Carroll city1,515$59,167$88,80023.0%10.4%

Population Overview

Thomson village is a small community located in Illinois. The total population is 1,526. It ranks as the 576th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Thomson village is 39.1 years. This is about average than the state median of 38.9 years. Only 5.4% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Thomson village is $54,063. This is 34% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 31% lower. The poverty rate stands at 21.0%. This is 79% higher than the state poverty rate of 11.7%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 13.1%. This is 126% higher than the state rate of 5.8%. The median home value is $122,300. Housing costs are 51% lower than the state median of $250,500. With a home-value-to-income ratio of just 2.3x, Thomson village is one of the most affordable housing markets in the area. 68.6% of occupied housing units are owner-occupied. This homeownership rate is 3% higher than the state average of 66.8%.

Race & Ethnicity

The largest racial or ethnic group in Thomson village is White (non-Hispanic), making up 49.3% of the population. Black or African American residents account for 35.8%. The Black or African American population is significantly higher than the state average (35.8% vs 13.6%).

Education

5.2% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 86% 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 66.2%.

Data Sources & Methodology

All demographic data for Thomson 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 Thomson village, Illinois?

Thomson village, Illinois has a population of 1,526 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Thomson village is $54,063, which is 31% lower the national median of $78,538.

What is the poverty rate in Thomson village, IL?

The poverty rate in Thomson village is 21.0%. This means approximately 99 residents live below the federal poverty line.

What is the racial makeup of Thomson village, Illinois?

Thomson village's population is 49.3% White, 35.8% Black, 12.7% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Thomson village is $122,300. The home-value-to-income ratio is 2.3x.

How educated is Thomson village, Illinois?

5.2% of adults (25+) in Thomson village hold a bachelor's degree or higher, and 2.7% hold a graduate or professional degree.