Bennington, Michigan 

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Economy in Bennington, Michigan

Bennington has an unemployment rate of 4.5%. The US average is 3.9%.

Bennington has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.

Tax Rates for Bennington
- The Sales Tax Rate for Bennington is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bennington is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Bennington
- The average income of a Bennington resident is $32,000 a year. The US average is $28,555 a year.
- The Median household income of a Bennington resident is $61,019 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYBennington, MichiganUnited States
  5.3%3.7%
  0.8%1.6%
  28.8%33.5%
  6.0%6.2%
  4.3%4.6%
  $33,330$31,177
  $67,679$57,652
  $78,690$70,850
  POPULATION BY OCCUPATION
  1.3%1.3%
  0.4%0.6%
  6.8%6.2%
  20.0%10.4%
  3.5%2.7%
  12.2%11.6%
  8.3%4.1%
  0.5%0.9%
  2.7%2.1%
  5.8%4.7%
  0.8%1.9%
  3.2%6.7%
  0.4%0.1%
  1.7%4.3%
  9.7%9.3%
  9.5%13.8%
  1.8%2.2%
  4.5%7.4%
  4.9%4.9%
  2.2%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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