Mentor, WI Economy


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United States / Wisconsin / No Metro Area / Clark County / Mentor / Zip Codes
Mentor, WI is a small village located in Wisconsin's Rock County. It offers its citizens a peaceful and family-friendly environment with affordable living costs. The average rent for a two bedroom property is $850 compared to the national average which is $1,430. Additionally, the cost of groceries in Mentor is 92 compared to the national average of 100, making it more affordable than many other places in the US. The village also has a number of local companies such as Marshall Ford Inc., T&L Groceries, and HighStreet Cinema. All these factors make Mentor a great place to live and work at an affordable cost.

Mentor has an unemployment rate of 4.5%. The US average is 6.0%.

Mentor has seen the job market decrease by -2.7% over the last year. Future job growth over the next ten years is predicted to be 39.4%, which is higher than the US average of 33.5%.

Tax Rates for Mentor
- The Sales Tax Rate for Mentor is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Mentor is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Mentor
- The average income of a Mentor resident is $20,451 a year. The US average is $37,638 a year.
- The Median household income of a Mentor resident is $52,813 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMentor, WisconsinUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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