Benton, CA Economy


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United States / California / No Metro Area / Mono County / Benton / Zip Codes
Benton, CA is a great place to live, offering affordable housing with two-bedroom rent at $1,410, which is lower than the average US rental rate of $1,430. On top of that, groceries are cheaper in Benton than elsewhere in the country as the Grocery Cost Index in Benton is 105 compared to 100 in the US. Local companies in Benton include Sherwin-Williams Paints and Coatings, Valley Forge & Bolt Manufacturing Company and Collabera Inc., which offer many job opportunities to its growing population.

Benton has an unemployment rate of 7.8%. The US average is 6.0%.

Benton has seen the job market increase by 6.5% over the last year. Future job growth over the next ten years is predicted to be 49.4%, which is higher than the US average of 33.5%.

Tax Rates for Benton
- The Sales Tax Rate for Benton is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Benton is 9.3%. 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 $19,566 a year. The US average is $28,555 a year.
- The Median household income of a Benton resident is $57,951 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBenton, CaliforniaUnited States
  7.86
  -15.5%-6.2%
  49.4%33.5%
  7.3%6.2%
  8.0%4.6%
  $29,276$37,638
  $57,951$69,021
  $57,750$85,028
  Population by Occupation
  11.6%1.2%
  0.0%0.5%
  0.0%6.8%
  36.8%10.0%
  0.0%2.5%
  10.5%11.0%
  0.0%4.8%
  27.4%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  5.3%14.0%
  1.1%2.1%
  2.1%7.0%
  0.0%4.8%
  5.3%4.7%
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