Mendota Heights, MN (55120) is a vibrant city with a population of 12,000 and many opportunities for growth. It has an average two-bedroom rent of $1,370 and a grocery cost index of 105 compared to the US average of 100. There are several notable companies located in Mendota Heights. Among them are 3M Corporation, Cargill Incorporated, Ecolab Inc., and the HealthPartners Medical Group. Each one offers its own unique set of jobs and benefits, making Mendota Heights an attractive place to live and work. Additionally, Mendota Heights is home to many other small businesses that offer goods and services to local residents. From restaurants to retail stores, there's something for everyone in Mendota Heights.
Mendota Heights (zip 55120) has an unemployment rate of 4.1%. The US average is 6.0%.
Mendota Heights (zip 55120) has seen the job market decrease by -3.7% 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 Heights (zip 55120)
- The Sales Tax Rate for Mendota Heights (zip 55120) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Mendota Heights (zip 55120) 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 Heights (zip 55120)
- The average income of a Mendota Heights (zip 55120) resident is $54,089 a year. The US average is $37,638 a year.
- The Median household income of a Mendota Heights (zip 55120) resident is $97,097 a year. The US average is $69,021 a year.