Mendon, MO is an ideal location for those wishing to enjoy living in a small town atmosphere. The 2 bedroom rent in Mendon is significantly lower than the US average at $730 compared to $1,430. Additionally, grocery prices are much lower in Mendon with a Grocery Cost Index of 92 compared to the US index of 100.
Mendon offers many local businesses and services to explore including Britt's Florist, Badgerland Electric Cooperative, and Countryside Care Home. Each of these businesses provide residents with all of their needs from flowers for special occasions, reliable electricity services, and quality care home services for seniors. With such a variety of local businesses it is easy to see why so many people choose Mendon as their home.
Mendon has an unemployment rate of 3.6%. The US average is 6.0%.
Mendon has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 22.6%, which is lower than the US average of 33.5%.
Tax Rates for Mendon
- The Sales Tax Rate for Mendon is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Mendon is 5.9%. 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 $26,161 a year. The US average is $37,638 a year.
- The Median household income of a Mendon resident is $51,563 a year. The US average is $69,021 a year.