Living in Marshall, Missouri
Cost of living, income, home prices, rent and demographics of Marshall · Census data 2020–2024
Marshall has 13,739 residents with a median age of 30.9. The median household income is $54,437 (23% lower than the Missouri median), the median home value is $147,900, the median rent is $761/month.
Marshall at a glance
- Population
- 13,739
- Median age
- 30.9State: 39
- Median household income
- $54,437State: $70,702
- Median home value
- $147,900State: $230,300
- Median rent
- $761/moState: $1,033
- Homeowners
- 65.4%
- Bachelor's degree or higher
- 25.4%
- Average commute
- 15 min
Is Marshall a good place to live?
Pros: Home values 36% lower than the state median; an average commute of 15 minutes.
Cons: Median household income 23% lower than the Missouri median; unemployment of 4.1%; a poverty rate of 17.1%.
The weather is best in May and August to October.
Cost of living in Marshall
Housing is the biggest part of the cost of living. In Marshall the median home value is $147,900, 56% lower than the U.S. median. Renters pay a median of $761 per month, which is 29.9% of household income. Homeowners with a mortgage pay $1,155 a month in housing costs.
Marshall median household income
The median household income in Marshall is $54,437 and the income per person is $27,171. 17.1% of residents live below the poverty line (Missouri: 12.6%).
Housing in Marshall: homes for sale and rent
- Housing units
- 5,222
- Owner-occupied
- 65.4%
- Renter-occupied
- 34.6%
- Vacant
- 14.7%Includes seasonal homes
- Median year built
- 1971
- Average household size
- 2.77
Marshall demographics
- Population
- 13,739
- Median age
- 30.9
- Under 18
- 21.7%
- 65 and older
- 14.7%
- Households
- 4,456
- Foreign-born
- 9%
- Veterans
- 4.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Marshall ›
Education in Marshall
25.4% of adults 25 and older in Marshall have a bachelor's degree or higher (Missouri: 32.4%), and 9.2% have a graduate or professional degree.
Jobs and commute in Marshall
- Unemployment rate
- 4.1%State: 4%
- Average commute
- 15 minState: 24 min
- Work from home
- 3.8%
- Drive alone
- 78%
- Public transit
- 0%
- Walk to work
- 5%
- Homes with broadband
- 86.2%
Marshall vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Marshall | 13,739 | $54,437 | $147,900 | $761 |
| Malta Bend | 211 | $46,875 | $91,000 | — |
| Slater | 2,066 | $39,479 | $85,300 | $545 |
| Gilliam | 324 | $39,728 | $85,800 | $588 |
| Blackwater | 207 | $66,389 | $123,600 | $938 |
| Blackburn | 240 | $82,500 | $117,600 | $716 |
| Sweet Springs | 1,268 | $46,780 | $107,900 | $632 |
| Houstonia | 273 | $39,337 | — | — |
| Waverly | 901 | $47,969 | $117,700 | $910 |
More for people moving to Marshall
Marshall ZIP code ›Weather and climate ›Living in Marshall: FAQ
What is the median household income in Marshall, MO?
The median household income in Marshall is $54,437, 23% lower than the Missouri median of $70,702 (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 $147,900, compared with $230,300 in Missouri.
How much is rent in Marshall?
The median gross rent in Marshall is $761 per month, about 29.9% of household income.
Is Marshall, MO a good place to live?
Pluses: home values 36% lower than the state median; an average commute of 15 minutes. Minuses: median household income 23% lower than the Missouri median; unemployment of 4.1%; a poverty rate of 17.1%.
What is the median age in Marshall?
The median age in Marshall is 30.9 years (Missouri: 39).
How long is the commute in Marshall?
The average commute to work in Marshall is 15 minutes; 3.8% of workers work from home.
What is the unemployment rate in Marshall?
The unemployment rate in Marshall is 4.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Marshall?
25.4% 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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