Mitchell, IN is a charming small town located 47446 zip code. The median 2 bedroom rental in this area is $850, which is much lower than the US average of $1,430. Groceries are also cheaper here as the Grocery Cost Index in this zip code is 92 versus 100 in the US on average. The cost of living here is quite low and it's no wonder why many people flock to Mitchell for an affordable and cozy lifestyle. Local businesses like Mitchell Emporium and Brothers' Farm Supply offer great services and products that help residents with their everyday needs.
Mitchell (zip 47446) has an unemployment rate of 4.7%. The US average is 6.0%.
Mitchell (zip 47446) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 34.2%, which is higher than the US average of 33.5%.
Tax Rates for Mitchell (zip 47446)
- The Sales Tax Rate for Mitchell (zip 47446) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mitchell (zip 47446) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Mitchell (zip 47446)
- The average income of a Mitchell (zip 47446) resident is $21,227 a year. The US average is $28,555 a year.
- The Median household income of a Mitchell (zip 47446) resident is $55,020 a year. The US average is $69,021 a year.