Zip 65232 (Benton City, MO) Economy


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Benton City, MO (65232) is an excellent place to call home. With a 2 bedroom rent of $730, it is much more affordable than the US average of $1,430. The grocery cost index in Benton City is also considerably lower than the US average at 91 points versus 100. Above all, there are many local companies that make Benton City a great place to live. Some of these include Family Pharmacy, Benton Security National Bank, Benton Veterinary Services and Lake Mills Golf Course. Furthermore, there are multiple benefits to living in this area such as easy access to outdoor activities like golfing or fishing and having small town charm with excellent schools nearby.

Benton City (zip 65232) has an unemployment rate of 3.7%. The US average is 6.0%.

Benton City (zip 65232) has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 17.2%, which is lower than the US average of 33.5%.

Tax Rates for Benton City (zip 65232)
- The Sales Tax Rate for Benton City (zip 65232) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Benton City (zip 65232) 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 City (zip 65232)
- The average income of a Benton City (zip 65232) resident is $24,735 a year. The US average is $28,555 a year.
- The Median household income of a Benton City (zip 65232) resident is $64,028 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBenton City, MissouriUnited States
  3.76
  -5.3%-6.2%
  17.2%33.5%
  6.9%6.2%
  5.4%4.6%
  $26,834$37,638
  $64,028$69,021
  $70,625$85,028
  Population by Occupation
  20.5%1.2%
  0.0%0.5%
  1.3%6.8%
  11.5%10.0%
  5.8%2.5%
  3.8%11.0%
  9.6%4.8%
  0.0%0.8%
  0.0%1.9%
  1.9%4.7%
  0.0%1.9%
  0.6%7.6%
  0.0%0.1%
  1.9%4.2%
  10.3%9.3%
  12.8%14.0%
  0.0%2.1%
  14.1%7.0%
  1.9%4.8%
  3.8%4.7%
Health