Quick facts: Benton, LA

Quick Facts

98.7
Cost of Living
below US average
2,066
Population
14.04
Crime Rate per 1000
below US average
$70,471
Median Income
below US average
$327,525
Median House Price
above US average
$1811.11
Average Rent
above US average
Poverty rate Data is updating, will be available soon
Unemployment Data is updating, will be available soon

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $70,471.

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Income Needed to Buy

βœ— Stretch
$103k/year
Based on $327,525 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $103k vs median $70,471
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Income Needed to Rent

⚠ Stretch
$78k/year
Based on $1811.11/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $78k vs median $70,471
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Benton, LA

Benton is a quaint town located in Bossier Parish, Louisiana, situated just north of the Red River and approximately 15 miles from Shreveport. Known for its small-town charm, Benton offers a blend of suburban living with easy access to urban amenities. The town is primarily residential and has experienced growth in recent years, making it an appealing location for families and professionals. Benton is home to several parks, including the popular Cypress Black Bayou Park, which offers outdoor recreational activities like fishing, camping, and walking trails. The town hosts various community events throughout the year, fostering a tight-knit community spirit among its residents. With a modest population, Benton prides itself on its strong sense of community and local businesses. The nearby Shreveport provides ample shopping, dining, and entertainment options, while Benton itself maintains a serene atmosphere ideal for those seeking a peaceful lifestyle. The educational facilities are well-regarded, contributing to the town's appeal for families. Overall, Benton combines the tranquility of a small town with the conveniences of city living nearby.

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