37307 Benton, TN is a great place to rent or buy a home. The 2 bedroom rent in this area is more affordable than the US average at $850 versus $1,430. Additionally, groceries here are a lot cheaper with the grocery cost index at 95 compared to 100 in the US. This area of Tennessee offers quality lifestyle options for its residents; nearby facilities include local restaurants, shops and recreational areas such as Mayor's Park and Greenway Trail. Notable companies in this area are Walmart, Unilever and CECO Environmental Corporation. It’s no wonder why so many people choose to live in 37307 Benton!
Benton (zip 37307) has an unemployment rate of 5.2%. The US average is 6.0%.
Benton (zip 37307) has seen the job market decrease by -2.9% over the last year. Future job growth over the next ten years is predicted to be 32.9%, which is lower than the US average of 33.5%.
Tax Rates for Benton (zip 37307)
- The Sales Tax Rate for Benton (zip 37307) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Benton (zip 37307) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Benton (zip 37307)
- The average income of a Benton (zip 37307) resident is $33,485 a year. The US average is $37,638 a year.
- The Median household income of a Benton (zip 37307) resident is $64,565 a year. The US average is $69,021 a year.