Thompson borough, PA is a great place to live and work. It is a small community with plenty of local amenities including two local businesses, Thompson Market and Anderson's Grocery Store. The cost of living in Thompson borough, PA is quite low compared to the US overall; the average 2 bedroom rent in Thompson borough, PA is $910 compared to $1,430 in the US and the grocery Cost Index in Thompson borough is 99 versus 100 in the US. This makes it an attractive option for those looking for lower monthly expenses without having to go far away from home. Furthermore, there are several parks located around town that offer a variety of activities for people of all ages.
Thompson has an unemployment rate of 6.7%. The US average is 6.0%.
Thompson has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Thompson
- The Sales Tax Rate for Thompson is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Thompson is 3.1%. 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 $16,203 a year. The US average is $28,555 a year.
- The Median household income of a Thompson resident is $38,958 a year. The US average is $69,021 a year.