Thompsonville, Michigan Demographics & Population 2026
During the 2020–2024 ACS period, Thompsonville, Michigan had a total population of 490, the 550th largest village in Michigan, with a median household income of $66,250, which is 9% lower than the state average. The poverty rate is 18.3%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 1.7x.
- Near full employment with an unemployment rate of just 2.0%.
Thompsonville Quick Facts
How Thompsonville Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 508 | 490 | -3.5% |
| Median household income | $62,083 | $66,250 | +6.7% |
| Median home value | $100,700 | $115,800 | +15.0% |
How Thompsonville Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 45 | National average: 61
Education
Educational Attainment (Adults 25+)
Thompsonville Rankings in Michigan
Explore Michigan Rankings
Other Cities in Benzie County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Frankfort | 1,225 | $54,327 | 12.3% | $350,000 |
| Benzonia | 718 | $61,875 | 14.1% | $209,100 |
| Hardwood Acres | 611 | $109,196 | 3.4% | $276,700 |
| Bendon | 315 | $69,750 | 15.0% | $196,200 |
| Lake Ann | 273 | $70,625 | 3.7% | $338,900 |
| Beulah | 218 | $71,000 | 13.9% | $485,700 |
| Elberta | 174 | $114,375 | 0.0% | $267,600 |
| Honor | 172 | $45,341 | 9.9% | $223,800 |
| Crystal Mountain | 166 | $120,938 | 2.4% | $547,400 |
| Nessen City | 149 | $62,222 | 31.5% | $160,400 |
Cities Similar to Thompsonville
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Cannonsburg | 510 | N/A | N/A | 58.4% | 0.0% |
| Lennon | 465 | $66,111 | $167,600 | 11.0% | 17.4% |
| Bloomingdale | 522 | $66,250 | $117,500 | 15.7% | 23.8% |
| Freeport | 523 | $66,250 | $175,600 | 18.9% | 13.9% |
| Woodland | 488 | $58,047 | $154,500 | 10.4% | 10.7% |
A note before these figures: with a population of 490, Thompsonville's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Thompsonville is a small community located in Michigan, within Benzie County. The total population is 490. It ranks as the 550th most populous out of 745 Census-designated places in Michigan.
Age Demographics
The median age in Thompsonville is 35.3 years. This is 12% lower than the state median of 40.2 years.
Economy, Income & Housing
The median household income in Thompsonville is $66,250. This is 9% lower than the state median of $72,875. It is also 18% lower than the national median of $80,734. The poverty rate stands at 18.3%. This is 39% higher than the state poverty rate of 13.2%. The unemployment rate is 2.0%. This is 65% lower than the state rate of 5.7%. The median home value is $115,800. Housing costs are 50% lower than the state median of $231,600. With a home-value-to-income ratio of just 1.7x, Thompsonville is one of the most affordable housing markets in the area. 73.5% of occupied housing units are owner-occupied.
Race & Ethnicity
The largest racial or ethnic group in Thompsonville is White (non-Hispanic), making up 83.7% of the population. Hispanic or Latino residents account for 3.9%. The Black or African American population (1.0%) is well below the state average of 13.1%.
Education
10.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 68% lower than the state rate of 32.5%. Nationally, 35.7% 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, Michigan is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
Free data download: Get all Michigan city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Thompsonville, Michigan?
Thompsonville, Michigan has a population of 490 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Thompsonville, MI?
The median household income in Thompsonville is $66,250, which is 18% lower than the national median of $80,734.
What is the poverty rate in Thompsonville, MI?
The poverty rate in Thompsonville is 18.3%. This means approximately 88 residents live below the federal poverty line.
What is the racial makeup of Thompsonville, Michigan?
Thompsonville's population is 83.7% White, 1.0% Black, 3.9% Hispanic/Latino, and 3.1% Asian.
What is the median home value in Thompsonville, MI?
The median home value in Thompsonville is $115,800. The home-value-to-income ratio is 1.7x.
How educated is Thompsonville, Michigan?
10.4% of adults (25+) in Thompsonville hold a bachelor's degree or higher, and 3.5% hold a graduate or professional degree.