Benton township (McCook County), SD Economy


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Benton township (McCook Cnty), SD is a great place to live due to its affordability. With a two bedroom rent at only $850, this is significantly lower than the US average of $1,430. Groceries are also more affordable in Benton township (McCook Cnty) with an index of 97 compared to 100 US average. This makes it a viable option for those looking to save money on housing and groceries. For employment opportunities, the major industries in Benton township are agriculture, manufacturing, healthcare and retail. Companies such as John Deere, Stanley Black & Decker and Hy-Vee have operations in Benton Township which can provide job opportunities for residents. The affordability of rent and groceries along with the availability of jobs make Benton township (McCook Cnty), SD an attractive option for those looking for a place to live or work.

Benton township (McCook County) has an unemployment rate of 2.9%. The US average is 6.0%.

Benton township (McCook County) has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.

Tax Rates for Benton township (McCook County)
- The Sales Tax Rate for Benton township (McCook County) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Benton township (McCook County) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Benton township (McCook County)
- The average income of a Benton township (McCook County) resident is $30,503 a year. The US average is $37,638 a year.
- The Median household income of a Benton township (McCook County) resident is $68,393 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBenton township (McCook County), South DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
Family Median Income 85028
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