Cost of Living in Mishawaka, IN
Population: 50,907 • 2026 Data
$53,120
Median Household Income
-31% vs national
$1,041
Median Monthly Rent
-23% vs national
$140,600
Median Home Value
-59% vs national
6.7%
Unemployment Rate
Housing in Mishawaka
The median home value in Mishawaka, IN is $140,600. Monthly rent for a typical unit averages $1,041, while total monthly housing costs (including utilities and insurance) average $987.
Rent-to-income ratio: 23.5%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Mishawaka, IN is $53,120. The unemployment rate stands at 6.7%, with a labor force of 26,681 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.