Living in Marshall, Illinois
Cost of living, income, home prices, rent and demographics of Marshall · Census data 2020–2024
Marshall has 4,040 residents with a median age of 43.5. The median household income is $76,250 (9% lower than the Illinois median), the median home value is $118,500, the median rent is $867/month.
Marshall at a glance
- Population
- 4,040
- Median age
- 43.5State: 39
- Median household income
- $76,250State: $83,390
- Median home value
- $118,500State: $263,300
- Median rent
- $867/moState: $1,274
- Homeowners
- 66.9%
- Bachelor's degree or higher
- 30.9%
- Average commute
- 20 min
Is Marshall a good place to live?
Pros: Home values 55% lower than the state median; an average commute of 20 minutes; unemployment of 2.3%; a poverty rate of 6.8%.
Cons: Median household income 9% lower than the Illinois median.
The weather is best in June to September.
Cost of living in Marshall
Housing is the biggest part of the cost of living. In Marshall the median home value is $118,500, 64% lower than the U.S. median. Renters pay a median of $867 per month, which is 27.9% of household income. Homeowners with a mortgage pay $1,187 a month in housing costs.
Marshall median household income
The median household income in Marshall is $76,250 and the income per person is $37,357. 6.8% of residents live below the poverty line (Illinois: 11.8%).
Housing in Marshall: homes for sale and rent
- Housing units
- 2,081
- Owner-occupied
- 66.9%
- Renter-occupied
- 33.1%
- Vacant
- 8.8%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 2.04
Marshall demographics
- Population
- 4,040
- Median age
- 43.5
- Under 18
- 18.6%
- 65 and older
- 22.2%
- Households
- 1,898
- Foreign-born
- 2.1%
- Veterans
- 6%Adults 18+
Hispanic or Latino can be of any race. Population history of Marshall ›
Education in Marshall
30.9% of adults 25 and older in Marshall have a bachelor's degree or higher (Illinois: 37.8%), and 14.2% have a graduate or professional degree.
Jobs and commute in Marshall
- Unemployment rate
- 2.3%State: 5.8%
- Average commute
- 20 minState: 28 min
- Work from home
- 3.3%
- Drive alone
- 79.8%
- Public transit
- 0%
- Walk to work
- 3.9%
- Homes with broadband
- 86.6%
Marshall vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Marshall | 4,040 | $76,250 | $118,500 | $867 |
| Martinsville | 1,187 | $61,833 | $69,100 | $593 |
| Toad Hop | 257 | $90,938 | $93,800 | — |
| West Union | 140 | $109,688 | — | — |
| West Terre Haute | 2,092 | $53,676 | $74,100 | $819 |
| Vermilion | 219 | $47,917 | $75,700 | $1,050 |
| St. Mary of the Woods | 959 | $28,114 | — | $490 |
| Paris | 8,276 | $53,927 | $75,700 | $777 |
| Westfield | 415 | $63,819 | $85,600 | $625 |
More for people moving to Marshall
Marshall ZIP code ›Weather and climate ›Living in Marshall: FAQ
What is the median household income in Marshall, IL?
The median household income in Marshall is $76,250, 9% lower than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Marshall?
The median home value in Marshall is $118,500, compared with $263,300 in Illinois.
How much is rent in Marshall?
The median gross rent in Marshall is $867 per month, about 27.9% of household income.
Is Marshall, IL a good place to live?
Pluses: home values 55% lower than the state median; an average commute of 20 minutes; unemployment of 2.3%; a poverty rate of 6.8%. Minuses: median household income 9% lower than the Illinois median.
What is the median age in Marshall?
The median age in Marshall is 43.5 years (Illinois: 39).
How long is the commute in Marshall?
The average commute to work in Marshall is 20 minutes; 3.3% of workers work from home.
What is the unemployment rate in Marshall?
The unemployment rate in Marshall is 2.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Marshall?
30.9% of adults in Marshall have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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