Benton, KY is a small city with a cozy atmosphere. It is located in Marshall County and has many attractions including the Benton Golf Course, Marshall County Chamber of Commerce, and Kentucky Dam Marina State Resort Park. Renting an apartment in this area is relatively affordable at $820 for two bedrooms. Groceries are also reasonably priced, as the Grocery Cost Index in Benton is 90 compared to 100 in the US. Additionally, there are several businesses such as Benton True Value Hardware and a variety of restaurants like El Charro Mexican Restaurant that make this city attractive for residents and visitors alike.
Benton has an unemployment rate of 4.9%. The US average is 6.0%.
Benton has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 24.6%, which is lower than the US average of 33.5%.
Tax Rates for Benton
- The Sales Tax Rate for Benton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Benton is 7.8%. 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 $22,368 a year. The US average is $28,555 a year.
- The Median household income of a Benton resident is $55,276 a year. The US average is $69,021 a year.