Thomaston, CT is a great place to live with an affordable cost of living. The average 2 bedroom rent in Thomaston is slightly lower than the national average at $1,410 while the grocery cost index is higher at 105 compared to 100 in the US. This area has many different businesses for people to work for or shop from. Popular companies around Thomaston include Kaman Corporation, Gerber Technology, and Thompson Speedway Motorsports Park. With a relatively low rent and numerous local businesses to choose from, Thomaston is an ideal place to settle down.
Thomaston has an unemployment rate of 7.3%. The US average is 6.0%.
Thomaston has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.
Tax Rates for Thomaston
- The Sales Tax Rate for Thomaston is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Thomaston is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Thomaston
- The average income of a Thomaston resident is $32,737 a year. The US average is $28,555 a year.
- The Median household income of a Thomaston resident is $81,013 a year. The US average is $69,021 a year.