Benton, MO is an ideal place for people who are looking for a more economical lifestyle. The average 2 bedroom rent in Benton is $840, which is much lower than the national average of $1,430. Additionally, the Grocery Cost Index in Benton is 94 versus 100 in the US making it even more affordable. \nSome local companies that make this city great are Benton Lumber Company, American Midwest Bank, and Gateway Tire & Auto Service Center. With its wide array of businesses and low living costs, Benton stands out as an attractive option for those seeking an affordable lifestyle.
Benton has an unemployment rate of 4.1%. The US average is 6.0%.
Benton 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 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Benton
- The Sales Tax Rate for Benton is 5.2%. The US average is 7.3%.
- The Income Tax Rate for Benton is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Benton
- The average income of a Benton resident is $21,062 a year. The US average is $28,555 a year.
- The Median household income of a Benton resident is $84,688 a year. The US average is $69,021 a year.