Mitchell, WI is a great place to live. With a population of about 5,800 people, it has an affordable cost of living compared to other parts of the US. The average rent for a two bedroom apartment in Mitchell is $880 while the US average stands at $1,430. Similarly, groceries are also cheaper in Mitchell with its Grocer Cost Index standing at 96 versus the 100 in the US.
The city is home to various local businesses that offer job opportunities for residents. Some of these companies include Advanced Equipment Sales Technology (AES Tech), North American Plastics Inc., and Redgranite Quarry Park. With such an affordable cost of living combined with good job opportunities coming from local companies, Mitchell is an attractive and desirable place to live.
Mitchell has an unemployment rate of 3.7%. The US average is 6.0%.
Mitchell has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 37.4%, which is higher than the US average of 33.5%.
Tax Rates for Mitchell
- The Sales Tax Rate for Mitchell is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Mitchell is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Mitchell
- The average income of a Mitchell resident is $29,108 a year. The US average is $28,555 a year.
- The Median household income of a Mitchell resident is $77,083 a year. The US average is $69,021 a year.