Mitchell, IL
Population 847 · Illinois
About Mitchell, IL
Mitchell is a small community located in Illinois with a population of 847 residents according to the latest US Census Bureau American Community Survey data. The median household income is $55,313 per year, which is 26% below the national median of $75,149. The median age of 50 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Mitchell features a median home value of $98,500, which is 60% below the national median of $244,900. This makes Mitchell one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 455 total housing units, 99% are owner-occupied (424 units) and 1% are renter-occupied (5 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Mitchell shows an unemployment rate of 2.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Mitchell have an average one-way commute time of 28.7 minutes.
Education & Demographics
5.7% of Mitchell residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 8.5% White, 0.4% Hispanic or Latino, 1.1% Black or African American, and 0.0% Asian residents, with 5.5% of the population being foreign-born.
Cost of Living in Mitchell, IL
Compared to national averages, Mitchell has a median household income of $55,313 (26% below the national median of $75,149). Home values average $98,500, which is 60% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Illinois, Mitchell's income is 26% below the state average of $75,072, and home values are 41% below the state median of $165,779.
Why Live in Mitchell, IL?
Mitchell offers affordable housing with a median home value of $98,500, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 2.9%. Additionally, the city features a low poverty rate of 5.1%, better than the national average.
Potential considerations include median household income ($55,313) that falls below the national average. However, Mitchell’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Mitchell has a population of 847 with a median age of 50 years. Compare Mitchell with other cities to see how it stacks up, or explore all cities in Illinois.
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Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Mitchell
What is the population of Mitchell, IL?
The population of Mitchell, IL is 847 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Illinois.
What is the median household income in Mitchell?
The median household income in Mitchell, IL is $55,313 per year, which is 26% below the national median of $75,149.
What is the median home value in Mitchell?
The median home value in Mitchell, IL is $98,500, which is 60% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Mitchell?
The median monthly rent in Mitchell, IL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Mitchell?
The unemployment rate in Mitchell, IL is 2.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Mitchell, IL a good place to live?
Mitchell offers a moderate cost of living, affordable housing, and a strong job market. With a population of 847 and a median age of 50, the city appeals to established professionals and retirees.
How educated is Mitchell, IL?
5.7% of residents in Mitchell aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Mitchell?
Key cost-of-living indicators for Mitchell, IL: median home value is $98,500 (60% below national), median rent is $0/month, and median household income is $55,313. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Mitchell?
The poverty rate in Mitchell, IL is 5.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Mitchell, IL?
Mitchell's population is 8.5% White, 0.4% Hispanic or Latino, 1.1% Black or African American, 0.0% Asian, and 0.9% two or more races. 5.5% of residents are foreign-born.