Benton County, IA Economy


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United States / Iowa / / Benton County / Cities / Zip Codes
Benton, IA County is a great place to live for those looking for affordability. The two bedroom rent in the county is $800 - more than $600 less than the national average of $1,430. Furthermore, the Grocery Cost Index in Benton, IA County is also 96 compared to 100 in the US. This makes it one of the most affordable counties in the country. Local companies include Benton Electric and HVAC, Benton Auto Repair and Detail, and Benton County Bank. All these businesses contribute to make Benton an amazing place to live with its low cost of living.

Benton County has an unemployment rate of 5.0%. The US average is 6.0%.

Benton County has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.

Tax Rates for Benton County
- The Sales Tax Rate for Benton County is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Benton County is 9.0%. 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 $28,177 a year. The US average is $28,555 a year.
- The Median household income of a Benton County resident is $72,334 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBenton, IowaUnited States
  56
  -7.5%-6.2%
  24.0%33.5%
  7.0%6.2%
  7.5%4.6%
  $35,047$37,638
  $72,334$69,021
  $87,317$85,028
  Population by Occupation
  4.2%1.2%
  0.4%0.5%
  10.2%6.8%
  16.7%10.0%
  4.1%2.5%
  9.6%11.0%
  4.6%4.8%
  1.3%0.8%
  1.2%1.9%
  6.3%4.7%
  0.6%1.9%
  4.5%7.6%
  0.1%0.1%
  1.6%4.2%
  9.5%9.3%
  15.5%14.0%
  1.1%2.1%
  2.5%7.0%
  3.4%4.8%
  2.7%4.7%
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