Zip 62812 (Benton, IL) Economy


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United States / Illinois / No Metro Area / Franklin County / No City / Benton (zip 62812)
62812 Benton, IL is a great place to live. With an average two bedroom rent of $690, it is much more affordable than the US average of $1,430. The grocery cost index in this area is also 92 as compared to 100 in the US. This makes it easy for residents to afford their everyday needs and save money. Residents of 62812 Benton have access to multiple local businesses such as Datamax Technologies Inc., Illinois American Water Company, and ACS Technologies Group Inc., among many others, giving them plenty of options when it comes to employment and services.

Benton (zip 62812) has an unemployment rate of 7.2%. The US average is 6.0%.

Benton (zip 62812) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 27.5%, which is lower than the US average of 33.5%.

Tax Rates for Benton (zip 62812)
- The Sales Tax Rate for Benton (zip 62812) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Benton (zip 62812) 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 (zip 62812)
- The average income of a Benton (zip 62812) resident is $22,832 a year. The US average is $28,555 a year.
- The Median household income of a Benton (zip 62812) resident is $49,019 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBenton, IllinoisUnited States
  7.26
  -8.2%-6.2%
  27.5%33.5%
  8.5%6.2%
  5.0%4.6%
  $27,344$37,638
  $49,019$69,021
  $61,503$85,028
  Population by Occupation
  0.3%1.2%
  3.6%0.5%
  7.8%6.8%
  12.4%10.0%
  2.1%2.5%
  11.1%11.0%
  3.7%4.8%
  2.1%0.8%
  0.5%1.9%
  5.9%4.7%
  1.5%1.9%
  2.8%7.6%
  0.0%0.1%
  1.6%4.2%
  8.1%9.3%
  16.1%14.0%
  0.7%2.1%
  7.8%7.0%
  6.9%4.8%
  5.0%4.7%
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