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Mendota

Learn about the people, housing, costs and businesses in Mendota, Virginia

Median Home$190,800
Median Rent$811/month
Population135
Leading IndustriesInformation & Media · Finance & Insurance · Arts, Food & Hospitality9% information & media
Home Value Growth⬆⬆⬆+42.4% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners61% of occupied units
Mendota
VA

Frequently Asked Questions

What are today's mortgage rates in Mendota?

As of today, the 30-year fixed mortgage rate for Mendota is approximately 7.011% (7.051% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Mendota?

The median home value in Mendota is $191k. The median monthly rent is $811. Annual property taxes average $805. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mendota?

Home values in Mendota have increased 42.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Mendota?

Based on a typical all-in ownership cost of $696/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mendota is $51k/year.

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What industries drive the economy in Mendota?

The largest employment sectors in Mendota are public administration (21%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.