61516 Benson, IL is a great place to live due to its affordable rent. The 2 Bedroom rent of the area is $810 which is much lower than the US average of $1,430. Similarly, the grocery cost index in Benson, IL is 93 whereas it's 100 on an average in the US. Therefore, living in Benson can be very economical for families who are looking for affordable housing options. The city has many local restaurants, shops and businesses including Soto’s Mexican Restaurant, Pizza Ranch and Benson Coop Oil that offer residents easy access to all their needs. It is also home to Mercy One North Iowa Medical Center providing quality medical care to its residence.
Benson (zip 61516) has an unemployment rate of 4.5%. The US average is 6.0%.
Benson (zip 61516) has seen the job market decrease by -7.6% over the last year. Future job growth over the next ten years is predicted to be 20.8%, which is lower than the US average of 33.5%.
Tax Rates for Benson (zip 61516)
- The Sales Tax Rate for Benson (zip 61516) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Benson (zip 61516) 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 Benson (zip 61516)
- The average income of a Benson (zip 61516) resident is $35,094 a year. The US average is $37,638 a year.
- The Median household income of a Benson (zip 61516) resident is $77,981 a year. The US average is $69,021 a year.