Benton, IN County is a great place to live and work. It is located in Northwest Indiana and has a population of 10,000 people. The cost of living in Benton County is extremely affordable compared to the US average. The 2 bedroom rent costs $1,070 which is significantly lower than the US average of $1430. Additionally, the grocery cost index in Benton County is 91 versus 100 in the US making it an ideal place for those looking for an affordable place to call home.
The county also offers many job opportunities with major employers such as ArcelorMittal, Nucor Steel, and LaPorte Hospital being headquartered there. Additional companies based in Benton County include IREM Manufacturing Company Inc., Kankakee Valley REMC, and Tri-Steel Manufacturing Corporation Inc.
Benton County has an unemployment rate of 3.9%. The US average is 6.0%.
Benton County has seen the job market increase by 3.1% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Benton County
- The Sales Tax Rate for Benton County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Benton County is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Benton County
- The average income of a Benton County resident is $22,591 a year. The US average is $28,555 a year.
- The Median household income of a Benton County resident is $56,155 a year. The US average is $69,021 a year.