84540 Thompson Springs, UT is a great place to live for those looking for a slower-paced lifestyle. The 2 bedroom rent in this area is much lower than the US average at just $1,200, while the grocery cost index is also below average at 95. This makes it an easy choice for those who are budget conscious. Additionally, there are plenty of local companies and amenities available in this area. Companies such as Thompson Springs Ranches, AG Intermountain Services, and Deuce's Diesel Performance make this town a great place for employment or business opportunities. Other local businesses include restaurants like Bear River Brew Pub and lodging like Red Rock Motel & RV Park which provide services to visitors and locals alike.
Thompson Springs (zip 84540) has an unemployment rate of 4.8%. The US average is 6.0%.
Thompson Springs (zip 84540) has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 42.8%, which is higher than the US average of 33.5%.
Tax Rates for Thompson Springs (zip 84540)
- The Sales Tax Rate for Thompson Springs (zip 84540) is 6.7%. The US average is 7.3%.
- The Income Tax Rate for Thompson Springs (zip 84540) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Thompson Springs (zip 84540)
- The average income of a Thompson Springs (zip 84540) resident is $7,158 a year. The US average is $37,638 a year.
- The Median household income of a Thompson Springs (zip 84540) resident is $0 a year. The US average is $69,021 a year.