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Mitchell, IN

Full City Profile · Indiana · Lawrence County County

2.9 /5.0
C+ Fair
3,941 Population 1,098/sq mi density
$45,580 Median Income $21,562 per capita
$101,900 Home Value $186,364 Zillow
$751 Median Rent 25.7% income on rent
54°F Avg Temperature 293 sunny days/yr
112 Violent Crime/100K 3,799 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$45,580 median income, 4.4% unemployment
A+
Affordability
5.0 / 5.0
$101,900 home value, $751/mo rent
F
Safety
1.0 / 5.0
112 violent crimes/100K
C
Education
2.4 / 5.0
17.2% bachelor's degree or higher

Housing Overview

Median Home Value
$101,900
64% below
US avg: $281,900
Median Rent
$751/mo
35% below
US avg: $1,163/mo
Homeownership Rate
60.4%
8% below US avg (65.4%)
Total Housing Units
1,570
Median year built: 1974

Home Value by Source

Census Median
$101,900
Zillow (ZHVI)
$186,364
Median Sale Price
$187,500
Median List Price
$199,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

60.4%
Owner-Occupied
39.6%
Renter-Occupied
60%
40%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent: $751/mo

Market Indicators (Redfin)

Median Days on Market
61 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
23.1%
of listings with price reduction
Price Per Sq Ft
$145
Active Inventory
26
homes for sale

Affordability & Housing Stock

Rent Burden
25.7%
of renters spending 30%+ of income on housing
17% below US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
60.4%

Complete Housing Data

Home Values

Census Median Value$101,900
Zillow Home Value (ZHVI)$186,364
Median Sale Price$187,500
Median List Price$199,450
Price Per Sq Ft$145

Rent

Census Median Rent$751
FMR Studio$816
FMR 1-Bedroom$882
FMR 2-Bedroom$1,096
FMR 3-Bedroom$1,391
FMR 4-Bedroom$1,590

Market

Days on Market61
Sale-to-List Ratio1.0%
Price Drops23.1%
Homes Sold6
Active Inventory26
Price Per Sq Ft$145

Ownership & Stock

Owner-Occupied60.4%
Renter-Occupied39.6%
Homeownership Rate60.4%
Total Housing Units1,570
Median Year Built1974
Rent Burden25.7%