Benjamin, Texas is a small town located in the northern part of the state. It is a great place to live, with its affordable two-bedroom rent of $720 a month and relatively low grocery costs. The cost index in Benjamin is 88 compared to 100 in the US. Despite its small size, Benjamin offers plenty of activities for visitors and locals alike. Notable companies in the area include Benjamin Paint & Supply, Family Dollar, and Dairy Queen. As for attractions, families can enjoy outdoor activities at Lake Kemp or take a day trip to nearby Mineral Wells State Park for hiking, biking trails and swimming.
Benjamin has an unemployment rate of 6.0%. The US average is 6.0%.
Benjamin has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 2.4%, which is lower than the US average of 33.5%.
Tax Rates for Benjamin
- The Sales Tax Rate for Benjamin is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Benjamin 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 Benjamin
- The average income of a Benjamin resident is $16,648 a year. The US average is $28,555 a year.
- The Median household income of a Benjamin resident is $35,375 a year. The US average is $69,021 a year.