Benton, LA is a small town located in northwest Louisiana. It has a population of about 2,500 people and is home to several local businesses such as Thrifty Way Grocery Store, Benton Fitness Center, and Smith's Carpet Store. The cost of living in Benton is quite affordable. The average two bedroom rent is $1,110 per month compared to the US average of $1,430. In addition, the Grocery Cost Index in Benton is 97 compared to 100 in the US. This makes it a great place for anyone looking to settle down without breaking their budget.
Benton has an unemployment rate of 4.5%. The US average is 6.0%.
Benton has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 21.6%, which is lower than the US average of 33.5%.
Tax Rates for Benton
- The Sales Tax Rate for Benton is 8.7%. The US average is 7.3%.
- The Income Tax Rate for Benton is 6.0%. 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 $30,297 a year. The US average is $37,638 a year.
- The Median household income of a Benton resident is $67,247 a year. The US average is $69,021 a year.