Living in Mitchell, Indiana
Cost of living, income, home prices, rent and demographics of Mitchell · Census data 2020–2024
Mitchell has 3,937 residents with a median age of 38.3. The median household income is $48,930 (32% lower than the Indiana median), the median home value is $114,500, the median rent is $849/month.
Mitchell at a glance
- Population
- 3,937
- Median age
- 38.3State: 38.1
- Median household income
- $48,930State: $71,957
- Median home value
- $114,500State: $218,200
- Median rent
- $849/moState: $1,062
- Homeowners
- 61.6%
- Bachelor's degree or higher
- 14.4%
- Average commute
- 20 min
Is Mitchell a good place to live?
Pros: Home values 48% lower than the state median; an average commute of 20 minutes.
Cons: Median household income 32% lower than the Indiana median; unemployment of 7.4%; a poverty rate of 20.7%.
The weather is best in May–June and August–September.
Cost of living in Mitchell
Housing is the biggest part of the cost of living. In Mitchell the median home value is $114,500, 66% lower than the U.S. median. Renters pay a median of $849 per month, which is 29.2% of household income. Homeowners with a mortgage pay $996 a month in housing costs.
Mitchell median household income
The median household income in Mitchell is $48,930 and the income per person is $26,355. 20.7% of residents live below the poverty line (Indiana: 12.3%).
Housing in Mitchell: homes for sale and rent
- Housing units
- 1,735
- Owner-occupied
- 61.6%
- Renter-occupied
- 38.4%
- Vacant
- 12.1%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 2.55
Mitchell demographics
- Population
- 3,937
- Median age
- 38.3
- Under 18
- 24%
- 65 and older
- 14.1%
- Households
- 1,525
- Foreign-born
- 7.8%
- Veterans
- 7.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Mitchell ›
Education in Mitchell
14.4% of adults 25 and older in Mitchell have a bachelor's degree or higher (Indiana: 29.5%), and 7.5% have a graduate or professional degree.
Jobs and commute in Mitchell
- Unemployment rate
- 7.4%State: 4.3%
- Average commute
- 20 minState: 24 min
- Work from home
- 6.1%
- Drive alone
- 77.7%
- Public transit
- 0%
- Walk to work
- 0.5%
- Homes with broadband
- 78.7%
Mitchell vs nearby towns
More for people moving to Mitchell
Mitchell ZIP code ›Weather and climate ›Living in Mitchell: FAQ
What is the median household income in Mitchell, IN?
The median household income in Mitchell is $48,930, 32% lower than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Mitchell?
The median home value in Mitchell is $114,500, compared with $218,200 in Indiana.
How much is rent in Mitchell?
The median gross rent in Mitchell is $849 per month, about 29.2% of household income.
Is Mitchell, IN a good place to live?
Pluses: home values 48% lower than the state median; an average commute of 20 minutes. Minuses: median household income 32% lower than the Indiana median; unemployment of 7.4%; a poverty rate of 20.7%.
What is the median age in Mitchell?
The median age in Mitchell is 38.3 years (Indiana: 38.1).
How long is the commute in Mitchell?
The average commute to work in Mitchell is 20 minutes; 6.1% of workers work from home.
What is the unemployment rate in Mitchell?
The unemployment rate in Mitchell is 7.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Mitchell?
14.4% of adults in Mitchell have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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