Thompsonville, MI is a small town located in the state of Michigan. It offers a great quality of life for its residents, with low rental prices compared to the national average. The grocery cost index in Thompsonville is also lower than the national average, making food more affordable for locals. The town has several local companies that provide goods and services to its residents such as Thompsonville Real Estate Company which offers property rentals, Thompsonville Auto Care Service which provides automotive services, and Thompsonville Grocery Mart which supplies fresh groceries at competitive prices. Other businesses include restaurants, convenience stores, boutiques and other specialty shops. All these local businesses contribute to creating an inviting atmosphere in downtown Thompsonville.
Thompsonville has an unemployment rate of 6.9%. The US average is 6.0%.
Thompsonville has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 31.5%, which is lower than the US average of 33.5%.
Tax Rates for Thompsonville
- The Sales Tax Rate for Thompsonville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Thompsonville is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Thompsonville
- The average income of a Thompsonville resident is $14,096 a year. The US average is $28,555 a year.
- The Median household income of a Thompsonville resident is $42,045 a year. The US average is $69,021 a year.