Mitchell, SD Real Estate
According to census data in the year 2000 there were 6,567 housing units in Mitchell.
This represents a 8.3% growth from 6,064 in 1990.
Of those housing units, 6,480 were located in either urbanized areas or urban clusters, and 87 were located in what is classified as a rural area.
Homeownership rate in Mitchell is about 56.4%.
Mitchell's vacancy rate, including seasonal lodging, is about 6.7%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in Mitchell were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.10% |
| One Bedroom | 18.20% |
| Two Bedrooms | 30.60% |
| Three Bedrooms | 31.60% |
| Four Bedrooms | 13.40% |
| Five Bedrooms or more | 4.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.74 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $69,600 |
| Median Price asked for vacant units | $84,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.72 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $372 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.80% |
| Home Equity Loan | 5.40% |
| Simple Mortgage | 47.40% |
| Debt Free | 42.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.2% |
