Benson, IL is an excellent place to live. It has plenty of local amenities and companies that offer a variety of services and products. Companies such as Benson Feed Store, Benson Grocery Store, Benson Auto Repair, and Benson Home Improvement are just a few examples of the great public services available in this small town. The cost of living in Benson is much lower than that of the US average. For example, two-bedroom rent in Benson is $820 compared to the US average of $1,430; likewise grocery costs index in Benson is 93 versus 100 in the US. This makes it an attractive option for many people who want to save money while still enjoying all the amenities that a small town can offer.
Benson has an unemployment rate of 4.5%. The US average is 6.0%.
Benson has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 20.8%, which is lower than the US average of 33.5%.
Tax Rates for Benson
- The Sales Tax Rate for Benson is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Benson 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 Benson
- The average income of a Benson resident is $27,368 a year. The US average is $28,555 a year.
- The Median household income of a Benson resident is $66,250 a year. The US average is $69,021 a year.