# Thousands (Place Value)

## Thousands (Place Value)

### Description

• In the number 3245, the digit 3 occupies the thousands place value.
• In the number 14 532, the digit 4 occupies the thousands place value.
• The value of the digit 5 in the number 45 678 is “five thousands” or “5000”.
• One thousands is equivalent to a grouping of 10 hundreds.

### Relations

• The number 23 000 can be read as “twenty-three thousands”.
• 1 thousands is equal to 10 hundreds.
• 5 thousands is equal to 50 hundreds.
• 10 thousands is equal to 100 hundreds.

### Property

The number 1000 is the third positive power of 10: 1000 = $$10^3$$.