Thompsons, TX is a great place to live for those who are looking for an affordable lifestyle. The average two bedroom rent in Thompsons, TX is $1,390 which is cheaper than the US average of $1,430. Additionally, the Grocery Cost Index in Thompsons is 99 versus 100 in the US making it more economical for groceries too. This makes it ideal for those hoping to save some money on their cost of living. The area has many local businesses including Hammonds Flooring & Interiors, Specialty Real Estate Services, and David's Appliance Repair. All these businesses make Thompsons a great place to settle down and enjoy life without breaking the bank.
Thompsons has an unemployment rate of 7.6%. The US average is 6.0%.
Thompsons has seen the job market increase by 3.2% over the last year. Future job growth over the next ten years is predicted to be 37.7%, which is higher than the US average of 33.5%.
Tax Rates for Thompsons
- The Sales Tax Rate for Thompsons is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Thompsons is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Thompsons
- The average income of a Thompsons resident is $22,240 a year. The US average is $28,555 a year.
- The Median household income of a Thompsons resident is $51,000 a year. The US average is $69,021 a year.