Mendota, IL is a great place to live and work. It has an affordable two bedroom rent of $890 compared to the US average of $1,430. The cost of groceries in Mendota is also lower than the national average with a grocery cost index rating of 93 compared to 100 in the US. There are several local companies that contribute to the economy such as Exelon Corporation, Mendota Dairies LLC, and Mendota Community Hospital. These businesses provide quality employment opportunities for residents of Mendota.
Mendota has an unemployment rate of 7.3%. The US average is 6.0%.
Mendota has seen the job market decrease by -8.3% over the last year. Future job growth over the next ten years is predicted to be 20.0%, which is lower than the US average of 33.5%.
Tax Rates for Mendota
- The Sales Tax Rate for Mendota is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mendota 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 Mendota
- The average income of a Mendota resident is $31,786 a year. The US average is $37,638 a year.
- The Median household income of a Mendota resident is $61,250 a year. The US average is $69,021 a year.