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Thompsonville village, Michigan Demographics & Population 2026

Very AffordableHome value to income ratio of 1.6x is exceptionally low

As of 2026, Thompsonville village, Michigan has a total population of 508, the 546th largest city in Michigan, with a median household income of $62,083, which is 13% lower than the state average. The poverty rate is 15.4%.

Key Takeaways

Thompsonville village Quick Facts

Population 508
Median Household Income $62,083
Median Home Value $100,700
Poverty Rate 15.4%
Unemployment Rate 2.7%
Median Age 37.9 years
Homeownership Rate 70.6%
Affordability Ratio 1.6x
Bachelor's Degree or Higher 9.0%
High School Graduation Rate 84.7%
Diversity Index 26/100
Population 508 546th of 745
Median Income $62,083 average
Poverty Rate 15.4% 24% higher national
Median Home Value $100,700 bottom 30%

How Thompsonville village Compares

Economy & Housing

Employment

2.7% Unemployment Rate State: 5.8% | National: 5.2%
61.2% Labor Force Participation

Housing Overview

Owner 70.6%
Renter 29.4%
Affordability Index Very Affordable
1.6x home value to income ratio

People & Demographics

Diversity Index

26out of 100
Low Diversity

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

State average: 44 | National average: 60

Education

Thompsonville village Rankings in Michigan

#546 Population of 745
#331 Median Income of 745
#642 Education of 745
#583 Home Value of 745

Cities Similar to Thompsonville village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Eau Claire village507$62,500$130,00034.4%18.9%
Oden CDP492$61,132$123,00013.0%37.2%
Millers Lake CDP505$68,068$216,00059.5%20.2%
Mecosta village509$70,069$92,20010.9%19.4%
Gaines village487$57,500$131,90010.9%7.6%

Population Overview

Thompsonville village is a small community located in Michigan. The total population is 508. It ranks as the 546th most populous out of 745 cities and towns in Michigan.

Age Demographics

The median age in Thompsonville village is 37.9 years. This is 5% lower than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Thompsonville village is $62,083. This is 13% lower than the state median of $71,149. Compared to the national median of $78,538, household income here is 21% lower. The poverty rate stands at 15.4%. This is 18% higher than the state poverty rate of 13.1%. The unemployment rate is 2.7%. This is 54% lower than the state rate of 5.8%. The median home value is $100,700. Housing costs are 54% lower than the state median of $217,600. With a home-value-to-income ratio of just 1.6x, Thompsonville village is one of the most affordable housing markets in the area. 70.6% of occupied housing units are owner-occupied. This homeownership rate is 3% lower than the state average of 72.9%.

Race & Ethnicity

Thompsonville village has a predominantly White (non-Hispanic) population, comprising 85.0% of all residents. Asian residents account for 3.4%. The Hispanic or Latino population (2.4%) is well below the state average of 5.7%.

Education

9.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 72% lower than the state rate of 31.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 84.7%.

Data Sources & Methodology

All demographic data for Thompsonville village, Michigan 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 Michigan state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 745 Census-designated places in Michigan. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Thompsonville village, Michigan?

Thompsonville village, Michigan has a population of 508 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Thompsonville village is $62,083, which is 21% lower the national median of $78,538.

What is the poverty rate in Thompsonville village, MI?

The poverty rate in Thompsonville village is 15.4%. This means approximately 77 residents live below the federal poverty line.

What is the racial makeup of Thompsonville village, Michigan?

Thompsonville village's population is 85.0% White, 0.0% Black, 2.4% Hispanic/Latino, and 3.4% Asian.

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

The median home value in Thompsonville village is $100,700. The home-value-to-income ratio is 1.6x.

How educated is Thompsonville village, Michigan?

9.0% of adults (25+) in Thompsonville village hold a bachelor's degree or higher, and 3.5% hold a graduate or professional degree.