What is the median household income in Benton, WI?
The median household income in Benton, WI is $80,938 (±$17,853) a year (2020–2024 American Community Survey).
Paying the median gross rent of $889 a month would take about $35,600 a year at the common guideline of spending no more than 30% of income on rent.
In Benton, the median household income went from $57,188 in 2015–2019 to $80,938 in 2020–2024 (+41.5%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $80,938 (±$17,853)
- Median renter income
- $62,625 (±$22,046)
- Income to afford median rent
- about $35,600
Income in Benton against Lafayette County, its state and the nation
| Benton | Lafayette County | Wisconsin | United States | |
|---|---|---|---|---|
| Median household income | $80,938 (±$17,853) | $76,462 (±$2,610) | $77,485 (±$455) | $80,734 |
| Median renter household income | $62,625 (±$22,046) | $45,833 (±$5,437) | $48,374 (±$478) | $52,966 |
| Median owner household income | $93,889 (±$18,616) | $85,976 (±$3,081) | $95,874 (±$462) | $100,009 |
| Median gross rent | $889 (±$262) | $830 (±$28) | $1,087 (±$4) | $1,413 |
In Benton, median household income is not measurably different from Lafayette County ($76,462).
It is not measurably different from Wisconsin ($77,485).
It is not measurably different from the national figure ($80,734).
In Lafayette County, Benton ranks 12 of 26 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 880 of 1,844.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Benton
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $889 a month ($10,668 a year) needs an income of about $35,600 a year.
The median renting household in Benton earns $62,625 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $57,188 (±$7,658) | $80,938 (±$17,853) | +41.5% | No measurable change after inflation |
| Median gross rent | $660 (±$33) | $889 (±$262) | +34.7% | No measurable change after inflation |
| Median home value | $110,400 (±$6,210) | $157,400 (±$10,664) | +42.6% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Benton
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Benton | — | $80,938 (±$17,853) | — |
| Town of Benton | 0.7 mi | $79,000 (±$11,740) | Not measurably different |
| Town of New Diggings | 2.4 mi | $75,833 (±$28,657) | Not measurably different |
| Cuba City | 3.4 mi | $74,571 (±$6,772) | Not measurably different |
| Hazel Green | 3.6 mi | $64,688 (±$11,031) | Not measurably different |
| Town of Hazel Green | 5.4 mi | $83,646 (±$12,010) | Not measurably different |
| Council Hill Township | 6.2 mi | $100,500 (±$96,558) | Not measurably different |
| Vinegar Hill Township | 6.7 mi | $100,977 (±$41,707) | Not measurably different |
| Town of Smelser | 7.1 mi | $72,358 (±$2,194) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Lafayette County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 6 | Town of Wayne (Lafayette County) | $96,875 (±$11,175) |
| 7 | Town of Elk Grove | $96,250 (±$30,937) |
| 8 | Town of Willow Springs | $90,978 (±$10,793) |
| 9 | Town of Belmont (Lafayette County) | $89,083 (±$5,103) |
| 10 | Town of Fayette | $88,125 (±$19,226) |
| 11 | Town of Argyle | $83,750 (±$19,398) |
| 12 | Benton | $80,938 (±$17,853) |
| 13 | Town of Benton | $79,000 (±$11,740) |
| 14 | Town of Darlington | $78,750 (±$10,225) |
| 15 | Town of White Oak Springs | $77,813 (±$12,201) |
| 16 | Town of New Diggings | $75,833 (±$28,657) |
| 17 | South Wayne | $75,139 (±$17,845) |
| 18 | Town of Kendall | $71,250 (±$37,524) |
Showing 13 of 26 places in Lafayette County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Benton
What is the median household income in Benton?
The median household income in Benton is $80,938 (±$17,853) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Benton?
About $35,600 a year, if rent is to stay at or below 30% of income at the median gross rent of $889 a month.
Have incomes in Benton kept up with inflation?
In Benton, the median household income went from $57,188 in 2015–2019 to $80,938 in 2020–2024 (+41.5%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Benton?
The median renting household in Benton, WI earns $62,625 (±$22,046) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Benton village, Wisconsin
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Benton village, Wisconsin
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Benton village, Wisconsin
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Benton village, Wisconsin
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Benton village, Wisconsin
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Benton village, Wisconsin
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Benton village, Wisconsin (place:06825, in state:55).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Benton at a glance
- Renters and owners in Benton
- Home values in Benton
- Homeowner costs in Benton
- Property taxes in Benton
- Types of homes in Benton
- Bedrooms in Benton
- Age of homes in Benton
- Heating fuel in Benton
- Commute and cars in Benton
- Population growth in Benton
- How long people stay in Benton
- Wisconsin landlord and tenant rules
- Housing across Lafayette County
- Wisconsin places ranked by median household income
- Housing data for every place in Wisconsin