Mitchell, IN Profile: Facts & Data

The primary coordinate point for Mitchell is located at latitude 38.7328 and longitude -86.4736 in Lawrence County. The formal boundaries for the City of Mitchell encompass a land area of 3.28 sq. miles and a water area of 0 sq. miles. Lawrence County is in the Eastern time zone (GMT -5). The elevation is 682 feet.

The City of Mitchell (GNIS ID: 2395357) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Mitchell, IN Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	4,285 (100%)
Population in Households	4,191 (97.8%)
Population in Families	3,325 (77.6%)
Population in Group Quarters¹	94 ( 2.2%)
Population Density	1,192
Diversity Index²	10


INCOME
Median Household Income	$42,807
Average Household Income	$58,036
% of Income for Mortgage⁴	8%
Per Capita Income	$23,577
Wealth Index⁵	54

HOUSING
Total HU (Housing Units)	2,032 (100%)
Owner Occupied HU	1,146 (56.4%)
Renter Occupied HU	611 (30.1%)
Vacant Housing Units	275 (13.5%)
Median Home Value	$81,092
Average Home Value	$111,160
Housing Affordability Index³	313

HOUSEHOLDS
Total Households	1,757
Average Household Size	2.39
Family Households	1,127
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Mitchell, IN - Peer Comparisons by Rank and Percentile

The table below compares Mitchell to the other 679 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	-0.15%	-0.11%
Households	-0.17%	-0.13%
Families	-0.15%	-0.23%
Median Household Income		2.11%
Per Capita Income		1.89%
Owner Occupied HU		-0.28%

Variable Description	Rank	Percentile
Total Population	# 146	79th
Population Density	# 370	46th
Median Household Income	# 567	17th
Housing Affordability Index	# 490	72nd
Per Capita Income	# 473	30th
Diversity Index	# 404	42nd

Mitchell, IN Profile: Facts & Data

Mitchell, Indiana - Basic Facts

Mitchell, IN Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Mitchell, IN - Peer Comparisons by Rank and Percentile

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