Thompson, IA Employment - Median Household Income, Unemployment Rate

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Income/capita 16%

Household income 23%

Unemployment 49%

Index	Thompson	Iowa	National
Income per capita	$25,071	$28,872	$29,829
Median household income	$42,404	$54,570	$55,322
Median income owner occupied	$47,708	$66,527	$70,586
Median income renter occupied	$23,906	$30,828	$35,192
Median earnings male	$25,000	$37,409	$36,919
Median earnings female	$26,250	$25,115	$26,250
Unemployment rate	2.4%	3.1%	4.7%
Poverty level	13.2%	12.3%	15.1%

Key findings

The income per capita in Thompson is 16% lower than the national average
The median household income in Thompson is 23% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Thompson is 49% lower than the national average
The poverty level in Thompson is 13% lower than the national average

Best Places for Employment in and Around Thompson

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Compare Thompson, IA Employment

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am i middle class

$28,266$42,404$84,808

City

$36,376$54,570$109,140

State

$36,877$55,322$110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Thompson median earnings by income bracket

Thompson employment by industry

Labour Type	Male	Female
Construction industry	19.3%	0.0%
Manufacturing sector	37.0%	16.0%
Financial & insurance services	2.2%	2.0%
Wholesale & retail services	13.3%	9.0%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	3.7%	6.0%
Education, health & social services	1.5%	23.0%
Other	23.0%	24.0%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Forest City, IA	4,043	$49,309	10.9%
Buffalo Center, IA	841	$48,393	12.5%
Leland, IA	247	$45,208	18.3%
Emmons, MN	427	$44,318	19.9%
Lake Mills, IA	2,027	$43,750	20.9%
Thompson, IA	466	$42,404	23.4%

Cities with similar population

City	Population	Household Income	National Avg.
Western Grove, AR	466	$43,750	20.9%
Woodson, AR	466	$31,250	43.5%
Acampo, CA	466	$155,385	180.9%
Galva, IA	466	$43,542	21.3%
Franklin, IL	466	$56,042	1.3%
Thompson, IA	466	$42,404	23.4%

Source: The Thompson, IA employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).