47446, Mitchell, IN

The 47446 zip code of Mitchell, IN has a median home value of $101,000 and a median home equity value of $146,000. This is significantly higher than the Indiana statewide median home value of $76,500 and the national median home equity value of $81,200. The high home values in the 47446 zip code are likely due to its proximity to major metropolitan areas such as Indianapolis and Chicago.

In addition to the high home values, the 47446 zip code also has a low unemployment rate (3.5%) and high household incomes (median income over $75,000). These factors may contribute to why homes in this zip code are typically worth more than homes in other parts of Indiana or the United States.