Benton, MS county is an attractive and affordable place to live. The average two bedroom rent in Benton is $770 which is much lower than the US average of $1,430. Additionally, the grocery cost index in Benton is 92 versus 100 in the US. This makes it a great option for those looking for an affordable and comfortable lifestyle. There are also many local businesses which provide employment to residents such as banks, retail stores, restaurants, gas stations and more. These companies provide local jobs and contribute to the strong economy of Benton County.
Benton County has an unemployment rate of 7.1%. The US average is 6.0%.
Benton County has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 34.9%, which is higher 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 5.0%. 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 $21,848 a year. The US average is $37,638 a year.
- The Median household income of a Benton County resident is $39,311 a year. The US average is $69,021 a year.