Living in Benton, Indiana
Cost of living, income, home prices, rent and demographics of Benton · Census data 2020–2024
Benton has 384 residents with a median age of 52.1. The median household income is $105,393 (46% higher than the Indiana median), the median home value is $146,000.
Benton is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Benton at a glance
- Population
- 384
- Median age
- 52.1State: 38.1
- Median household income
- $105,393State: $71,957
- Median home value
- $146,000State: $218,200
- Homeowners
- 100%
- Bachelor's degree or higher
- 13%
- Average commute
- 17 min
Is Benton a good place to live?
Pros: Median household income 46% higher than the Indiana median; home values 33% lower than the state median; an average commute of 17 minutes; a poverty rate of 6.8%.
Cons: Unemployment of 8.7%.
The weather is best in June to September.
Cost of living in Benton
Housing is the biggest part of the cost of living. In Benton the median home value is $146,000, 56% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,324 a month in housing costs.
Benton median household income
The median household income in Benton is $105,393 and the income per person is $31,119. 6.8% of residents live below the poverty line (Indiana: 12.3%).
Housing in Benton: homes for sale and rent
- Housing units
- 182
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 20.3%Includes seasonal homes
- Median year built
- 1990
- Average household size
- 2.65
Benton demographics
- Population
- 384
- Median age
- 52.1
- Under 18
- 25.8%
- 65 and older
- 9.9%
- Households
- 145
- Foreign-born
- 0%
- Veterans
- 2.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Benton ›
Education in Benton
13% of adults 25 and older in Benton have a bachelor's degree or higher (Indiana: 29.5%), and 3.5% have a graduate or professional degree.
Jobs and commute in Benton
- Unemployment rate
- 8.7%State: 4.3%
- Average commute
- 17 minState: 24 min
- Work from home
- 0%
- Drive alone
- 93.4%
- Public transit
- 0%
- Walk to work
- 6.6%
- Homes with broadband
- 97.2%
Benton vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Benton | 384 | $105,393 | $146,000 | — |
| New Paris | 1,549 | $74,663 | $223,700 | $1,061 |
| Millersburg | 1,077 | $65,833 | $186,400 | $1,082 |
| Goshen | 34,420 | $59,184 | $184,900 | $1,093 |
| Syracuse | 3,233 | $71,833 | $199,400 | $1,115 |
| Milford | 1,661 | $51,667 | $159,700 | $1,029 |
| Enchanted Hills | 1,039 | $64,625 | $197,000 | $1,131 |
| Ligonier | 4,347 | $59,359 | $110,000 | $852 |
| Cromwell | 631 | $48,698 | $123,100 | $938 |
More for people moving to Benton
Benton ZIP code ›Weather and climate ›Living in Benton: FAQ
What is the median household income in Benton, IN?
The median household income in Benton is $105,393, 46% higher than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Benton?
The median home value in Benton is $146,000, compared with $218,200 in Indiana.
Is Benton, IN a good place to live?
Pluses: median household income 46% higher than the Indiana median; home values 33% lower than the state median; an average commute of 17 minutes; a poverty rate of 6.8%. Minuses: unemployment of 8.7%.
What is the median age in Benton?
The median age in Benton is 52.1 years (Indiana: 38.1).
How long is the commute in Benton?
The average commute to work in Benton is 17 minutes; 0% of workers work from home.
What is the unemployment rate in Benton?
The unemployment rate in Benton is 8.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Benton?
13% of adults in Benton have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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