Mitchell, IN Real Estate
According to census data in the year 2000 there were 2,102 housing units in Mitchell.
This represents a 8.9% growth from 1,931 in 1990.
Of those housing units, 1,987 were located in either urbanized areas or urban clusters, and 115 were located in what is classified as a rural area.
Homeownership rate in Mitchell is about 71.8%.
Mitchell's vacancy rate, including seasonal lodging, is about 11.2%.
Average household size is 2.34 people.
The majority of houses, apartments or condos in Mitchell were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 11.20% |
| Two Bedrooms | 38.10% |
| Three Bedrooms | 41.40% |
| Four Bedrooms | 5.80% |
| Five Bedrooms or more | 3.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.29 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $59,300 |
| Median Price asked for vacant units | $73,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.49 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $413 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.70% |
| Home Equity Loan | 6.70% |
| Simple Mortgage | 49.20% |
| Debt Free | 40.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.6% |
