Thompson, CT is a small town with a population of around 5,000 people located in Windham County. Despite its small size, this community has plenty to offer its residents. The two-bedroom rental prices are slightly higher than the national average at $1,690 compared to $1,430 respectively, and the Grocery Cost Index is also more expensive at 105 compared to 100 in the US.
The town of Thompson offers nearby entertainment such as Quinebaug Valley Boys & Girls Club which provides recreational activities for youth and adults along with art classes and more. Businesses in the area include Wheelers True Value Hardware Store, Starbuck Auto Body Repair Shop, Thompson Gas Station & Deli Mart and The Brass Buckle Restaurant & Bar. All of these amenities contribute to an enjoyable quality of life for Thompson residents while also keeping cost of living reasonable in comparison to other areas nearby.
Thompson has an unemployment rate of 7.8%. The US average is 6.0%.
Thompson has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.
Tax Rates for Thompson
- The Sales Tax Rate for Thompson is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Thompson 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 Thompson
- The average income of a Thompson resident is $31,688 a year. The US average is $28,555 a year.
- The Median household income of a Thompson resident is $81,649 a year. The US average is $69,021 a year.