Thomaston, NY is a small town located in the heart of the Hudson Valley. This quaint town is known for its close proximity to New York City and local attractions such as the Shawangunk Mountains and the Delaware River. The rental cost for a two-bedroom apartment in Thomaston is $2,250 which is significantly higher than the national average of $1,430. Similarly, grocery items in Thomaston are quite expensive with an index of 117 versus 100 nationally. Despite the higher living costs residents of Thomaston get to enjoy living in a peaceful and picturesque community that boasts many great local businesses such as Apple Valley Hardware & Supply Co., Chadwick Dental Group, Lyman's On Main Restaurant & Tavern, and Quality Printing Services Inc.
Thomaston has an unemployment rate of 5.9%. The US average is 6.0%.
Thomaston has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 28.3%, which is lower than the US average of 33.5%.
Tax Rates for Thomaston
- The Sales Tax Rate for Thomaston is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Thomaston is 6.5%. 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 $62,511 a year. The US average is $28,555 a year.
- The Median household income of a Thomaston resident is $116,406 a year. The US average is $69,021 a year.