Benton, NY is a small town located in Yates County. Despite its size, Benton is home to many important businesses and services. The cost of living in Benton is relatively affordable with a two bedroom rent only costing $1,030 compared to the US average of $1,430. Grocery prices are also lower than the national average making it even more attractive for people looking for an affordable place to live. Businesses in Benton include the hardware store, Newton’s Ace. They specialize in home improvement and offer helpful advice on DIY projects for beginners. There's also a nearby equestrian center called High Pointe where locals can enjoy horseback riding lessons or trail rides along the scenic countryside. And for those looking for tasty food options there are several restaurants such as Benton House Bistro and Uptown Pizza Cafe which serve up delicious meals at a great price.
Benton has an unemployment rate of 5.5%. The US average is 6.0%.
Benton has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 27.0%, which is lower than the US average of 33.5%.
Tax Rates for Benton
- The Sales Tax Rate for Benton is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Benton is 6.5%. 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 $22,160 a year. The US average is $28,555 a year.
- The Median household income of a Benton resident is $68,242 a year. The US average is $69,021 a year.