Benson, UT Economy


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Benson, UT is an idyllic small town located in northern Utah. It is known for its affordable cost of living and close-knit community. The average rent for a two bedroom apartment is $950, compared to the US average of $1,430, making Benson one of the most affordable places to live in the area. Furthermore, grocery costs in Benson are even lower than average; at 93 on the index (versus 100 in the US), it's an ideal place to keep food costs down. Local businesses like Benson Auto Parts and Benson Sporting Goods have been staples of the town for generations, reflecting its friendly atmosphere and commitment to homegrown businesses.

Benson has an unemployment rate of 2.0%. The US average is 6.0%.

Benson has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 38.3%, which is higher than the US average of 33.5%.

Tax Rates for Benson
- The Sales Tax Rate for Benson is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Benson is 5.0%. 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 $27,940 a year. The US average is $37,638 a year.
- The Median household income of a Benson resident is $63,021 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBenson, UtahUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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