Benson township, MN Economy


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United States / Minnesota / No Metro Area / Swift County / Benson township / Zip Codes
Benson township, MN is a pleasant place to call home. Its average 2 Bedroom Rent rate is $800 compared to the US average of $1,430, making it affordable for anyone who wants to live in the area. Additionally, grocery costs are relatively lower than national averages with an index rating of 95 versus 100 in the US. The cost of living in Benson township is overall quite reasonable and provides a comfortable lifestyle for its residents. Local businesses such as Benson Hardware Store, Benson Grocery Center, and Benson Drugstore provide locals with necessary goods and services at competitive prices. With its low rent rate and accessible businesses, living in Benson township is a great option for those who want to stay within budget while enjoying all that this Minnesota town has to offer.

Benson township has an unemployment rate of 5.6%. The US average is 6.0%.

Benson township has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.

Tax Rates for Benson township
- The Sales Tax Rate for Benson township is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Benson township is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Benson township
- The average income of a Benson township resident is $35,702 a year. The US average is $28,555 a year.
- The Median household income of a Benson township resident is $77,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBenson township, MinnesotaUnited States
  5.66
  -1.8%-6.2%
  25.0%33.5%
  6.9%6.2%
  7.1%4.6%
  $39,511$37,638
  $77,750$69,021
  $78,750$85,028
  Population by Occupation
  24.5%1.2%
  0.0%0.5%
  5.0%6.8%
  13.0%10.0%
  2.2%2.5%
  2.2%11.0%
  0.7%4.8%
  1.4%0.8%
  0.0%1.9%
  0.0%4.7%
  2.2%1.9%
  5.8%7.6%
  0.0%0.1%
  0.0%4.2%
  7.2%9.3%
  11.5%14.0%
  0.0%2.1%
  5.0%7.0%
  2.9%4.8%
  16.5%4.7%
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