Benld, IL Economy


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Benld, IL is a small city located in Macoupin County, Illinois. The city has a population of 1,564 people according to the 2019 census. Benld offers many local companies and amenities such as the Benld Library, Deppe Park, and Community Park. The average cost of living in Benld is quite reasonable with 2 bedroom rent averaging at $780 compared to the US' average of $1,430 making it a great option for those looking for an affordable place to live. Additionally, Grocery Cost Index in Benld is 91 versus 100 in the US which further adds to the affordability factor. Overall Benld is an ideal town for those looking for a quiet living situation with lots of amenities and accessible cost of living.

Benld has an unemployment rate of 5.0%. The US average is 6.0%.

Benld has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 30.4%, which is lower than the US average of 33.5%.

Tax Rates for Benld
- The Sales Tax Rate for Benld is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Benld 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 Benld
- The average income of a Benld resident is $18,652 a year. The US average is $28,555 a year.
- The Median household income of a Benld resident is $42,961 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBenld, IllinoisUnited States
  56
  -6.9%-6.2%
  30.4%33.5%
  7.3%6.2%
  5.0%4.6%
  $22,588$37,638
  $42,961$69,021
  $61,023$85,028
  Population by Occupation
  2.4%1.2%
  0.0%0.5%
  3.9%6.8%
  6.9%10.0%
  2.2%2.5%
  20.8%11.0%
  15.4%4.8%
  0.6%0.8%
  0.0%1.9%
  1.3%4.7%
  1.0%1.9%
  3.4%7.6%
  0.0%0.1%
  1.9%4.2%
  2.7%9.3%
  12.1%14.0%
  0.0%2.1%
  14.4%7.0%
  6.0%4.8%
  4.6%4.7%
Reviews for Benld
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Over 6 years ago

Benld is a town rich with history from the first 50 years of the 20th century but has no reason to exist. The homes are falling down because most were built in the  More

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