Measured against area pay, Mitchell costs more to live in than 69% of U.S. towns
Up 7.9% in a year, 29% above the Wisconsin typical home.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Sheboygan, WI metro area ($73K). How TownRatings grades cost of living
The grade compares costs with what households across the Sheboygan metro earn ($73K, Census 2020–24). Even so, the typical home costs 4.9 years of metro income, and 0% of renters pay 30% or more of income for housing.
In dollars
- $435Ktypical home, 29% above the Wisconsin typical homeZillow, September 2026
- $1,130a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
- 94prices across the Sheboygan metro, where the U.S. is 100 (housing 81)BEA Regional Price Parities, 2024
In paychecks the grade
- 4.9 yrsof area income buys the typical home; the typical U.S. town: 3.3$73K, Sheboygan-area income
- 21%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 13%of owners do; the typical U.S. town: 20%Census 2020–24
Housing in Mitchell, in brief
Fewer people, more homes
Between the 2010 and 2020 censuses, Mitchell lost 435 residents while 22 new homes were permitted. New homes ↓
Nearly every household owns
88% of Mitchell households own their home, against 68% across Wisconsin. There are only 30 renter households, so rentals are scarce. Property taxes ↓
A median income goes further next door
At Mitchell’s median income, the calculator’s budget of about $366K falls short here but covers the typical home in Osceola ($366K). Can I afford it? ↓
Written from the data on this page. Home values are the Zillow Home Value Index, through September 2026; permits are Census figures through 2025; incomes, rents paid, taxes and ownership come from the Census American Community Survey.
What’s behind Mitchell’s grade
Measured against what households in the area earn, Mitchell is more affordable than 31% of U.S. towns. Property tax pulls the grade down most; the share of households paying 30%+ for housing holds it up.
Prices here have kept pace with Wisconsin: up 36.3% in five years, against 31.4% statewide (Zillow).
Up 7.9% in a year
Faster than Wisconsin (5.1%).
Show as a table
| January | Mitchell | Wisconsin |
|---|---|---|
| 2017 | $227,000 | $178,000 |
| 2018 | $241,000 | $188,000 |
| 2019 | $256,000 | $200,000 |
| 2020 | $268,000 | $213,000 |
| 2021 | $302,000 | $235,000 |
| 2022 | $320,000 | $260,000 |
| 2023 | $337,000 | $279,000 |
| 2024 | $366,000 | $296,000 |
| 2025 | $394,000 | $314,000 |
| 2026 | $416,000 | $330,000 |
| September 2026 | $435,000 | $337,000 |
A typical Mitchell home worth $227K in October 2016 is worth about $435K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through September 2026.
A typical home costs 4.9 years of area income
The calculator starts from the area income the grade uses. Switch to Mitchell’s own median, or type yours.
That’s $160K short of a typical Mitchell home.
A two-bedroom rents for about $1,130 a month here, $1,560 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Mitchell’s typical property tax (1.12% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,130
Renters already here pay a median of $1,292.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Fond du Lac, WI MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
6 new homes permitted in 2025
Builders were permitted 6 new homes in Mitchell in 2025, all single-family houses, worth about $2.6 million to build. That's 3.6 per 1,000 residents, about the pace of Wisconsin as a whole. Over the past 10 years, Mitchell has permitted 28 homes in all.
Between the 2010 and 2020 censuses, Mitchell's population fell by 435 even though 22 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Wisconsin: 1.3 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 3 | 3 | 0 | $1.3 million |
| 2025 | 6 | 6 | 0 | $2.6 million |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 3 | 3 | 0 | $1.6 million |
| 2022 | 4 | 4 | 0 | $1.3 million |
| 2021 | 2 | 2 | 0 | $630,000 |
| 2020 | 2 | 2 | 0 | $579,000 |
| 2019 | 3 | 3 | 0 | $1.3 million |
| 2018 | 2 | 2 | 0 | $660,000 |
| 2017 | 4 | 4 | 0 | $973,000 |
| 2016 | 2 | 2 | 0 | $438,000 |
| 2015 | 1 | 1 | 0 | $250,000 |
| 2014 | 4 | 4 | 0 | $872,000 |
| 2013 | 1 | 1 | 0 | $250,000 |
| 2012 | 3 | 3 | 0 | $445,000 |
| 2011 | 1 | 1 | 0 | $90,000 |
| 2010 | 1 | 1 | 0 | $226,000 |
| 2009 | 2 | 2 | 0 | $950,000 |
| 2008 | 2 | 2 | 0 | $513,000 |
| 2007 | 3 | 3 | 0 | $770,000 |
| 2006 | 3 | 3 | 0 | $770,000 |
| 2005 | 6 | 6 | 0 | $1.7 million |
| 2004 | 6 | 6 | 0 | $1.2 million |
| 2003 | 4 | 4 | 0 | $589,000 |
| 2002 | 7 | 7 | 0 | $1.5 million |
| 2001 | 14 | 14 | 0 | $2.4 million |
| 2000 | 11 | 11 | 0 | $1.5 million |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
High tax bills, but a low tax rate
The median bill is $4,013 (Wisconsin: $3,792), because homes cost more. As a share of value it’s 1.12% a year, against 1.42% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
The rest of a budget near Mitchell
Only figures published free for the whole country, each labeled with the area it covers: the Sheboygan, WI metro area, or Wisconsin. Groceries follow the goods price level; nobody publishes them town by town.
| Cost | Here | Compared with | Area | Source |
|---|---|---|---|---|
| Prices overall U.S. = 100 | 94 | WI 94 | metro | BEA, 2024 |
| Goods (groceries, clothing, cars…) U.S. = 100 | 94 | WI 94 | metro | BEA, 2024 |
| Utilities U.S. = 100 | 88 | WI 90 | metro | BEA, 2024 |
| Other services U.S. = 100 | 99 | WI 100 | metro | BEA, 2024 |
Price levels: U.S. Bureau of Economic Analysis, Regional Price Parities 2024 (metro area and state). Electricity: U.S. Energy Information Administration, Electric Power Monthly, table 5.6.A.
Mitchell vs. its neighbors
Of the 4 towns here with a Zillow value, Mitchell has the 3rd-lowest. Osceola has no Zillow value, so it is in the table only.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, September 2026 | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Mitchell | C | $435K | $358K | 1.12% | $1,130 |
| Osceola | B− | — | $366K | 1.25% | $1,210 |
| Lyndon | C | $448K | $302K | 1.33% | $1,130 |
| Greenbush | B− | $421K | $294K | 1.10% | $1,040 |
| Scott | B+ | $382K | $245K | 1.17% | $1,070 |
“—” under Zillow: Zillow publishes no value for that town, so it’s left blank rather than mixed with Census figures.
Questions about the cost of living in Mitchell
Is Mitchell expensive to live in?
Measured against what households in the area earn, Mitchell costs more than 69% of U.S. towns: a C for cost of living. The typical home costs 4.9 years of the median household income of the Sheboygan, WI metro area ($73K).
How much does a house cost in Mitchell?
About $435K, Zillow’s typical value for September 2026, up 7.9% in a year. The Wisconsin typical home is $337K.
What salary do you need to live in Mitchell?
To buy the typical home with 20% down at 6.3%, about $115,000 a year, keeping the payment (about $2,690 a month with tax and insurance) at 28% of income. To rent a two-bedroom at 30% of income, about $45,000.
How much is rent in Mitchell?
HUD puts a two-bedroom at about $1,130 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $1,292 (Census 2020–24).
What are property taxes in Mitchell?
The median bill is $4,013 a year, 1.12% of the median home value (Wisconsin: $3,792, 1.42%), from the Census 2020–24.
Are home prices in Mitchell going up?
Yes: up 7.9% in the past year and 36.3% in five years, against 31.4% across Wisconsin (Zillow).
Neighbors talk housing
What Mitchell buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, September 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.