Thompson is a city in Winnebago County, Iowa, United States. The population was 502 at the 2010 census. Thompson is home to the Winnebago County Fair held annually. Thompson was platted in 1892. It was incorporated as a city in 1894.
As of 2024 the population of Thompson is 522. The population is expected to grow to 523 by 2029 - a growth rate of 0.04%.
The median age of Thompson residents is 48.
The diversity index of Thompson is 24.7, meaning that there is a 25% chance that any two people selected out of 100 residents will be of different race or ethnicity from one another.
The average household income in Thompson is $67,010 and projected to be $76,286 in 2029. Per capita income is $31,194, projected to be $35,007 in 2029. 0.19% of households – 1 – have an income of $200,000 or higher. Average net worth is $651,905 and the average disposable income is $53,886.
There are 272 housing units in Thompson; 189 are owner-occupied, 54 are rented, and 29 are vacant. The average home value is $187,169, with 2 homes built in 2010 or later, and 93 built in 1939 or earlier.
There are 45 businesses in Thompson, employing 244 workers and pulling from a labor force of 217 age 16 and above. 32 workers commute into Thompson from outside the county or state. Key industries for the area include:
183 residents both live and work in/around Thompson. The average travel time is 0.0 minutes. 5.46% people have a commute of less than 5 minutes while 1.64% commute 90 minutes or more each way. Of commuters, 167 drive alone, 6 carpool, and 0 take public transportation. 27 use other modes of transport such as motorcycle, bicycle, walking, etc. 17 residents work from home.
120 members of the workforce hold a high school diploma or GED. 46 have associates degrees, 119 have bachelor’s degrees, and 17 hold a graduate or professional degree.
