Bennett, WI Economy


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Bennett, WI is a small town situated in Wisconsin with an estimated population of 775 people. The average rent for a two-bedroom apartment in Bennett is $940 compared to the US average of $1,430. It also has a lower cost of living index than the country's average due to lower prices at local stores. Food costs are especially affordable with the grocery cost index at 97 compared to 100 in the US. Bennett is home to local businesses such as K&D Appliance Repair & Installation Service and Green Valley Landscaping Services that provide quality services to residents at affordable rates. These factors make Bennett a desirable place to live for those looking for a good quality life without breaking the bank.

Bennett has an unemployment rate of 5.6%. The US average is 6.0%.

Bennett 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 30.4%, which is lower than the US average of 33.5%.

Tax Rates for Bennett
- The Sales Tax Rate for Bennett is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Bennett is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Bennett
- The average income of a Bennett resident is $24,038 a year. The US average is $28,555 a year.
- The Median household income of a Bennett resident is $71,458 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBennett, WisconsinUnited States
  5.66
  -5.6%-6.2%
  30.4%33.5%
  5.5%6.2%
  6.3%4.6%
  $37,909$37,638
  $71,458$69,021
  $79,000$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.2%6.8%
  12.4%10.0%
  6.2%2.5%
  3.5%11.0%
  14.7%4.8%
  0.0%0.8%
  1.2%1.9%
  0.0%4.7%
  0.8%1.9%
  6.6%7.6%
  0.0%0.1%
  5.0%4.2%
  7.0%9.3%
  13.2%14.0%
  0.0%2.1%
  7.0%7.0%
  7.0%4.8%
  9.3%4.7%
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