The small town of 64660 Mendon, MO is an ideal location for people looking for a slower-paced lifestyle. The average rent for a two bedroom apartment in Mendon is $740, which is significantly lower than the US average rent of $1,430. Not only is renting in Mendon a great value, but the Grocery Cost Index in the area is 92 versus 100 in the US. As such, residents of 64660 Mendon can expect to find reasonably priced groceries and other necessary items.
Mendon has several local businesses that contribute to its unique charm and provide goods and services to its citizens. Some of these companies include Bill’s Tire Shop, located just off of Highway 36 and providing tire sales and repair services; Johnston’s Butcher Shop, offering fresh cuts of meat as well as deli sandwiches; and Olsen’s Family Farm, which grows fresh produce and offers hayrides during the fall season. These businesses serve as important elements of 64660 Mendon’s economy, providing employment opportunities as well as goods and services to their local community.
Mendon (zip 64660) has an unemployment rate of 3.6%. The US average is 6.0%.
Mendon (zip 64660) has seen the job market decrease by -0.9% 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 (zip 64660)
- The Sales Tax Rate for Mendon (zip 64660) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Mendon (zip 64660) 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 (zip 64660)
- The average income of a Mendon (zip 64660) resident is $17,823 a year. The US average is $28,555 a year.
- The Median household income of a Mendon (zip 64660) resident is $65,156 a year. The US average is $69,021 a year.