Benton, MO County is a great place to live with affordable housing and cost of living. The average two bedroom rent in Benton is $750 per month, which is significantly lower than the US average of $1,430. Grocery costs are also cheaper than the national average with an index of 95 versus 100 in the US. There are many local companies that call Benton home including Chilton Manufacturing, Tates Creek Electric Cooperative and Moniteau County Bank. All these businesses offer employment opportunities for the locals and help drive the economy of Benton County.
Benton County has an unemployment rate of 6.5%. The US average is 6.0%.
Benton County has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 23.4%, which is lower than the US average of 33.5%.
Tax Rates for Benton County
- The Sales Tax Rate for Benton County is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Benton County is 5.9%. 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 $28,198 a year. The US average is $37,638 a year.
- The Median household income of a Benton County resident is $45,533 a year. The US average is $69,021 a year.