Mendon, IL is a small town located in Adams County with an estimated population of 1,425 residents. The cost of living here is quite affordable compared to the US average. The average two bedroom rental in Mendon is $810 per month versus the national average of $1,430. Grocery items are also cheaper than the national average with an index score of 92 compared to 100 in the US. There are several local businesses in Mendon such as a car dealership, hardware store, and pharmacy all offering competitive prices for their goods and services. For those looking to save on living expenses without sacrificing amenities and conveniences, Mendon is a great choice for affordable living.
Mendon has an unemployment rate of 4.4%. The US average is 6.0%.
Mendon has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 28.6%, which is lower than the US average of 33.5%.
Tax Rates for Mendon
- The Sales Tax Rate for Mendon is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Mendon is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Mendon
- The average income of a Mendon resident is $21,987 a year. The US average is $28,555 a year.
- The Median household income of a Mendon resident is $56,875 a year. The US average is $69,021 a year.