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Mitchell

Learn about the people, housing, costs and businesses in Mitchell, Georgia

Median Home$123,800
Median Rent$642/month
Population156
Leading IndustriesFinance & Insurance · Information & Media · Professional Services12% finance & insurance
Young Adults26% of residents
Homeowners67% of occupied units
NotableAffordable Market$124k median home · lower cost than 83% of the country
Mitchell
GA

Frequently Asked Questions

What are today's mortgage rates in Mitchell?

As of today, the 30-year fixed mortgage rate for Mitchell is approximately 6.979% (7.018% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Mitchell?

The median home value in Mitchell is $124k. The median monthly rent is $642. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Mitchell?

Based on a typical all-in ownership cost of $832/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mitchell is $55k/year.

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What industries drive the economy in Mitchell?

The largest employment sectors in Mitchell are retail (17%) and information and media (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.