Benson, NY is a small town situated within Broome County. It is an area rich in history and culture, where many local businesses can be found. Local companies such as Benson’s Diner and Ben’s Paint & Supply have been popular choices for residents over the years. Benson rental costs are quite reasonable when compared to other areas in the United States. The average 2 bedroom rent here is $1,130, which is significantly lower than the U.S. average of $1,430 per month. In addition to affordable rent prices, Benson also offers a Grocery Cost Index of 102 compared to 100 in the U.S., further proving its affordability for its residents.
Benson has an unemployment rate of 6.9%. The US average is 6.0%.
Benson has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 5.8%, which is lower than the US average of 33.5%.
Tax Rates for Benson
- The Sales Tax Rate for Benson is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Benson is 6.5%. 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 $29,585 a year. The US average is $28,555 a year.
- The Median household income of a Benson resident is $59,896 a year. The US average is $69,021 a year.