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Mitchellville

Learn about the people, housing, costs and businesses in Mitchellville, Iowa

Median Home$290,254
Median Rent$786/month
Population2,536
Leading IndustriesPublic Administration · Education · Arts, Food & Hospitality27% public administration
Home Value Growth+5.5% over 2 years
Young Adults25% of residents
Homeowners87% of occupied units
NotableHighly Educated29% hold a bachelor's degree · top 10% nationally
NotableHigh Incomes$110k/year · top 12% nationally
Mitchellville
IA

Frequently Asked Questions

What are today's mortgage rates in Mitchellville?

As of today, the 30-year fixed mortgage rate for Mitchellville is approximately 6.929% (6.966% 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 Mitchellville?

The median home value in Mitchellville is $290k. The median monthly rent is $786. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mitchellville?

Home values in Mitchellville have increased 5.5% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

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

Based on a typical all-in ownership cost of $1,197/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mitchellville is $110k/year.

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What industries drive the economy in Mitchellville?

The largest employment sectors in Mitchellville are public administration (27%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.