Property
To round a number to the nearest thousand, you must find which multiple of 1000 the number is closest to, like 1000, 2000, 3000, and so on. A simple way is to check the hundreds digit. If the digit is 5 or more, you round up. If it is 4 or less, you round down.
Example
Round 7,836 to the nearest thousand. The hundreds digit is 8, so we round up to 8000.
Round 34,186 to the nearest thousand. The hundreds digit is 1, so we round down to 34,000.
Round 21,694 to the nearest thousand. The hundreds digit is 6, so we round up to 22,000.
Explanation
Rounding to the nearest thousand is like finding the closest major city on a map. Is 7,836 closer to '7000 City' or '8000 City'? The hundreds digit is your guidepost: if it's 5 or more, that means you are over halfway there, so you round up to the next biggest city!