- Determine the two consecutive multiples of 1,000 that bracket 23,495
- 23,495 is between 23,000 and 24,000
- 23,500 is the midpoint between 23,000 and 24,000
- As illustrated on the number line, 23,495 is less than the midpoint (23,500)
- Therefore, 23,495 rounded to the nearest thousand = 23,000
