Benton, IL is a small town located in Southern Illinois. It has a low cost of living and most notably, two bedroom rent is only $690, which is significantly less than the US average of $1,430. The Grocery Cost Index for Benton is 92 whereas 100 is the national average. There are several local companies that make up the workforce in Benton such as Nucor Steel Marion, Lawson Products Inc., and Stegal Tire & Wheel Company. For public transportation, there are two Greyhound bus stops located in town as well as several car rental companies in the area. Benton also provides taxi services and free rides to medical appointments through Williamson County Public Transit.
Benton has an unemployment rate of 7.2%. The US average is 6.0%.
Benton has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 27.5%, which is lower than the US average of 33.5%.
Tax Rates for Benton
- The Sales Tax Rate for Benton is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Benton 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 Benton
- The average income of a Benton resident is $19,542 a year. The US average is $28,555 a year.
- The Median household income of a Benton resident is $46,530 a year. The US average is $69,021 a year.