Mendon, MO — income, home value, property tax, and sales tax.
Households in ZIP code 65254, centered on Mendon, bring in a median income of $70,321, which works out to $32,548 per person. With a median home value of $156,800 and a county property tax rate of 0.77%, annual property taxes on such a home run around $1,207. Sales taxes combine to 6.22% on purchases. That leaves a fairly wide gap between earnings and housing costs, since the mortgage or tax load on a $156,800 home consumes a smaller share of a $70,321 income than in many places. Day-to-day spending carries the 6.22% sales tax, but the overall picture shows room to save or cover other expenses.
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