The Home Buyer's Korner

Information presented should be used for educational purposes only.

January 5th, 2016

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SPRING HILL, TENNESSEE

Home Buyer’s Korner

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Thompson’s Station, Tennessee

Thompsons Station TN

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Thompson’s Station is a very small town located in the state of Tennessee. With a population of 2,716 people and just one neighborhood, Thompson’s Station is the 219th largest community in Tennessee.

Thompson’s Station home prices are not only among the most expensive in Tennessee, but Thompson’s Station real estate also consistently ranks among the most expensive in America.

Thompson’s Station has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Thompson’s Station’s overall crime rate is lower than average for the country.

Unlike some towns where white-collar or blue-collar occupations dominate the local economy, Thompson’s Station is neither predominantly one nor the other. Instead, it has a mixed workforce of both white and blue collar jobs. Overall, Thompson’s Station is a town of professionals, sales and office workers and service providers. There are especially a lot of people living in Thompson’s Station who work in office and administrative support at 13.11 percent, management occupations at 9.54 percent and sales jobs at 7.99 percent.

Thompson’s Station is also a town of artists. Thompson’s Station has more artists, designers and people working in media than 90 percent of the communities in America. This concentration of artists helps shape Thompson’s Station’s character.

Also of interest is that Thompson’s Station has more people living here who work in the field of computer science and mathematics than 95 percent of the places in the US.

A relatively large number of people in Thompson’s Station telecommute to their jobs. Overall, about 9.32 percent of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. 

Because of many things, Thompson’s Station is a great place for families with children to consider. First of all, many other families with children live here, making Thompson’s Station a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values.

As is often the case in a small town, Thompson’s Station doesn’t have a public transportation system that people use for their commute.

The education level of Thompson’s Station citizens is very high relative to the national average among all cities at 21.84%, with 37.65 percent of adults in Thompson’s Station have a bachelor’s or even advanced degree.

The per capita income in Thompson’s Station in 2010 was $33,719, which is well-to-do relative to Tennessee and the nation. This equates to an annual income of $134,876 for a family of four.

The people who call Thompson’s Station home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Thompson’s Station residents reports their race to be White, followed by Black or African-American. Important ancestries of people in Thompson’s Station include English, Irish, German, Italian and Scottish.

The most common language spoken in Thompson’s Station is English. Some people also speak Vietnamese.

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TENNESSEE HOME OWNERSHIP TOOLS

Your Home Purchasing or Refinancing & Renovation Tools,

Home Improvements, Home Renovations,

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase.

Here are just a few of the home improvements

you might consider with any Home Renovation loan

Repair or replace a roof

Install, replace or repair gutters and downspouts

Replace, repair or upgrade your HVAC system

Repair or replace plumbing

Install, repair or replace electrical systems

Kitchen remodeling (including the purchase and installation of appliances)

Bathroom remodeling, Full interior painting, Total exterior painting

Repair or replace a septic system and/or well

Disability access (wheelchair ramp, elevator, widen doorways)

Build, repair or replace a deck, patio or porch

Basement waterproofing and finishing

Abatement/Stabilization of lead-based paint hazards

Replace old windows, Room additions, Finish an attic

Add a second story to your home

Replace a termite damaged sill plate (a water-damaged sill plate also)

Possible landscaping items such as correction of grading & drainage problems,

tree removal, repair a driveway and sidewalks

FHA 203K

Your Home Purchasing or Refinancing & Renovation Tool

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

FANNIE MAE HOMESTYLE

The Conventional Alternative to FHA 203K

Great for Real Estate Investors and Second Home Renovations

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

USDA RURAL DEVELOPMENT

Up to $10K for Home Improvements, Renovations or a Simple Remodel

Mortgage Loan Officers, Real Estate Agents & General Contractors are ready to assist you

A SIMPLE HOME SHOPPING INSPECTION TOOL

Organizing your home shopping experience affords a wise decision-making process.

This simple home inspection tool makes your ultimate buying decision a smart one.

To print this document, click on “Open in New Window” located at the lower right corner;

click on “File”; then click on “Print”. In the center of the screen you will

have the option to “Create A Printable PDF of the Presentation”.

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