Mitchell, MI is a small town located in the United States. It is known for its affordable cost of living with an average two-bedroom rent of just $800. This is significantly lower than the US's average 2 bedroom rent of $1,430. Additionally, the Grocery Cost Index in Mitchell is 92 compared to 100 in the US.
One local company that stands out in Mitchell is Delta Steel Technologies, which offers professional fabrication and steel processing services for use in many industries. Other businesses include Great Lakes Lawn Maintenance and B&B Mechanical Solutions.
Residents of Mitchell enjoy spending time outdoors with a variety of activities available including hiking and biking at Mitchell State Park, fishing at Lake Mitchell or boating on Pere Marquette Lake. The town also offers many recreational activities such as bowling at Lucky Lanes Bowling Alley, golfing at The Pines Golf Course or shopping at Valley Plaza Mall.
Mitchell has an unemployment rate of 7.4%. The US average is 6.0%.
Mitchell has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.
Tax Rates for Mitchell
- The Sales Tax Rate for Mitchell is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Mitchell is 4.3%. 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 $26,544 a year. The US average is $28,555 a year.
- The Median household income of a Mitchell resident is $43,750 a year. The US average is $69,021 a year.