Living in Marshall, Indiana
Cost of living, income, home prices, rent and demographics of Marshall · Census data 2020–2024
Marshall has 266 residents with a median age of 39.3. The median household income is $65,625 (9% lower than the Indiana median), the median home value is $85,000, the median rent is $788/month.
Marshall is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Marshall at a glance
- Population
- 266
- Median age
- 39.3State: 38.1
- Median household income
- $65,625State: $71,957
- Median home value
- $85,000State: $218,200
- Median rent
- $788/moState: $1,062
- Homeowners
- 84.3%
- Bachelor's degree or higher
- 6.7%
- Average commute
- 30 min
Is Marshall a good place to live?
Pros: Home values 61% lower than the state median.
Cons: Median household income 9% lower than the Indiana median; an average commute of 30 minutes; a poverty rate of 13.2%.
The weather is best in May–June and August–September.
Cost of living in Marshall
Housing is the biggest part of the cost of living. In Marshall the median home value is $85,000, 74% lower than the U.S. median. Renters pay a median of $788 per month, which is 46.3% of household income. Homeowners with a mortgage pay $860 a month in housing costs.
Marshall median household income
The median household income in Marshall is $65,625 and the income per person is $38,992. 13.2% of residents live below the poverty line (Indiana: 12.3%).
Housing in Marshall: homes for sale and rent
- Housing units
- 134
- Owner-occupied
- 84.3%
- Renter-occupied
- 15.7%
- Vacant
- 14.2%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.31
Marshall demographics
- Population
- 266
- Median age
- 39.3
- Under 18
- 16.5%
- 65 and older
- 15.4%
- Households
- 115
- Foreign-born
- 0.8%
- Veterans
- 8.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Marshall ›
Education in Marshall
6.7% of adults 25 and older in Marshall have a bachelor's degree or higher (Indiana: 29.5%), and 0% have a graduate or professional degree.
Jobs and commute in Marshall
- Unemployment rate
- 0%State: 4.3%
- Average commute
- 30 minState: 24 min
- Work from home
- 3.7%
- Drive alone
- 68.4%
- Public transit
- 0%
- Walk to work
- 3.7%
- Homes with broadband
- 89.6%
Marshall vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Marshall | 266 | $65,625 | $85,000 | $788 |
| Bloomingdale | 324 | $58,500 | $97,500 | $478 |
| Rockville | 2,559 | $57,083 | $99,600 | $731 |
| Waveland | 475 | $52,292 | $108,600 | $850 |
| Kingman | 693 | $33,393 | $112,500 | $770 |
| Wallace | 140 | $75,500 | $103,400 | — |
| Montezuma | 881 | $56,974 | $80,400 | $959 |
| Russellville | 308 | $72,875 | $120,800 | — |
| Mecca | 607 | $39,926 | $52,300 | $589 |
More for people moving to Marshall
Marshall ZIP code ›Weather and climate ›Living in Marshall: FAQ
What is the median household income in Marshall, IN?
The median household income in Marshall is $65,625, 9% lower than the Indiana median of $71,957 (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 $85,000, compared with $218,200 in Indiana.
How much is rent in Marshall?
The median gross rent in Marshall is $788 per month, about 46.3% of household income.
Is Marshall, IN a good place to live?
Pluses: home values 61% lower than the state median. Minuses: median household income 9% lower than the Indiana median; an average commute of 30 minutes; a poverty rate of 13.2%.
What is the median age in Marshall?
The median age in Marshall is 39.3 years (Indiana: 38.1).
How long is the commute in Marshall?
The average commute to work in Marshall is 30 minutes; 3.7% of workers work from home.
What is the unemployment rate in Marshall?
The unemployment rate in Marshall is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Marshall?
6.7% 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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