Mendota, MN is a small city located in southeastern Minnesota. It has a population of just over 5,000 residents and offers the big city amenities without the hustle and bustle that come with large metropolitan areas. The cost of living in Mendota is relatively low when compared to the US average. Rent for two bedroom apartments averages $1,200 while groceries cost exactly the same as the national average at 100 points on the Grocery Cost Index.
The local economy is largely driven by several major employers including Northfield Pharmaceuticals, Inc., Elizio Construction, and Interstates Companies. Small businesses such as restaurants, boutiques, and coffee shops can be found throughout town providing residents and visitors alike with unique experiences.
Mendota offers plenty to do for people of all ages; from historic sites like Fort Snelling or Fort Ridgely to annual festivals like Battery Fest or Strawberry Fest celebrating local culture. In addition to these attractions there are miles of trails offering outdoor recreation opportunities like biking or hiking along with several nearby lakes for fishing or swimming during warmer months. Whatever your interest may be, Mendota has something for you!
Mendota has an unemployment rate of 4.1%. The US average is 6.0%.
Mendota has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 36.7%, which is higher than the US average of 33.5%.
Tax Rates for Mendota
- The Sales Tax Rate for Mendota is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Mendota is 7.1%. 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 $55,350 a year. The US average is $28,555 a year.
- The Median household income of a Mendota resident is $88,750 a year. The US average is $69,021 a year.