Mendon, Ohio (population: 45862) is a great place to live with affordable rent and cost of living. The average two bedroom rent in Mendon is only $790, which is significantly lower than the US average of $1,430. Similarly, the Grocery Cost Index in Mendon is 91 compared to the US index of 100, making local groceries more affordable for residents. \nMendon is home to many local businesses such as Mitcheners Auto Repair & Sales, Miller's Automotive Inc., Tom's Plants & Pumpkins, and Angie's Kandles & Accessories. With its low rental costs and cost of living plus its array of small businesses and services, Mendon is an ideal choice for anyone looking for a safe and affordable place to call home.
Mendon (zip 45862) has an unemployment rate of 2.8%. The US average is 6.0%.
Mendon (zip 45862) has seen the job market decrease by -3.0% over the last year. Future job growth over the next ten years is predicted to be 32.4%, which is lower than the US average of 33.5%.
Tax Rates for Mendon (zip 45862)
- The Sales Tax Rate for Mendon (zip 45862) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Mendon (zip 45862) is 4.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Mendon (zip 45862)
- The average income of a Mendon (zip 45862) resident is $36,216 a year. The US average is $37,638 a year.
- The Median household income of a Mendon (zip 45862) resident is $44,375 a year. The US average is $69,021 a year.