Mendota, Minnesota (55150) is an ideal city for those looking for a quiet, affordable place to live. The average two bedroom rental rate in Mendota is just $1,240 compared to the US average of $1,430. This makes it one of the most budget-friendly cities in the state. Additionally, groceries are relatively inexpensive with a grocery cost index of 100 in Mendota compared to 100 in the US.
Mendota also offers plenty of local businesses and services. Some notable places include PC's Unlimited Computers & Electronics, Rainbow Auto Center and Mendota Veterinary Clinic. Residents can also find unique boutiques and gift shops like Boho Chic Boutique and Prairie Flower Boutique at various locations around town. There are also several excellent dining options available such as Red Lobster, Tampico Mexican Restaurant and Fiesta Cancun Mexican Restaurant. With its affordability and wide range of local amenities, Mendota is an attractive option for potential home buyers and renters alike.
Mendota (zip 55150) has an unemployment rate of 4.1%. The US average is 6.0%.
Mendota (zip 55150) 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 (zip 55150)
- The Sales Tax Rate for Mendota (zip 55150) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Mendota (zip 55150) 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 (zip 55150)
- The average income of a Mendota (zip 55150) resident is $55,350 a year. The US average is $28,555 a year.
- The Median household income of a Mendota (zip 55150) resident is $83,750 a year. The US average is $69,021 a year.