Living in Marshall, North Carolina
Cost of living, income, home prices, rent and demographics of Marshall · Census data 2020–2024
Marshall has 961 residents with a median age of 46.7. The median household income is $56,728 (22% lower than the North Carolina median), the median home value is $282,100, the median rent is $733/month.
Marshall is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Marshall at a glance
- Population
- 961
- Median age
- 46.7State: 39.1
- Median household income
- $56,728State: $72,388
- Median home value
- $282,100State: $288,900
- Median rent
- $733/moState: $1,228
- Homeowners
- 55.2%
- Bachelor's degree or higher
- 42.8%
- Average commute
- 25 min
Is Marshall a good place to live?
Pros: Home values about the same as the state median.
Cons: Median household income 22% lower than the North Carolina median; an average commute of 25 minutes; a poverty rate of 24%.
The weather is best in May–June and September–October.
Cost of living in Marshall
Housing is the biggest part of the cost of living. In Marshall the median home value is $282,100, 15% lower than the U.S. median. Renters pay a median of $733 per month, which is 31.3% of household income. Homeowners with a mortgage pay $1,445 a month in housing costs.
Marshall median household income
The median household income in Marshall is $56,728 and the income per person is $36,942. 24% of residents live below the poverty line (North Carolina: 13%).
Housing in Marshall: homes for sale and rent
- Housing units
- 556
- Owner-occupied
- 55.2%
- Renter-occupied
- 44.8%
- Vacant
- 18.5%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 2.04
Marshall demographics
- Population
- 961
- Median age
- 46.7
- Under 18
- 18.6%
- 65 and older
- 17.9%
- Households
- 453
- Foreign-born
- 0%
- Veterans
- 12%Adults 18+
Hispanic or Latino can be of any race. Population history of Marshall ›
Education in Marshall
42.8% of adults 25 and older in Marshall have a bachelor's degree or higher (North Carolina: 35.7%), and 13.3% have a graduate or professional degree.
Jobs and commute in Marshall
- Unemployment rate
- 0%State: 4.7%
- Average commute
- 25 minState: 25 min
- Work from home
- 13.2%
- Drive alone
- 81.7%
- Public transit
- 0%
- Walk to work
- 1.4%
- Homes with broadband
- 80.4%
Marshall vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Marshall | 961 | $56,728 | $282,100 | $733 |
| Mars Hill | 3,025 | $81,429 | $294,700 | $1,043 |
| Weaverville | 4,687 | $88,221 | $463,700 | $1,783 |
| Hot Springs | 567 | $44,688 | $179,200 | $521 |
| Woodfin | 8,048 | $71,384 | $366,700 | $1,546 |
| Barnardsville | 445 | $97,610 | $153,000 | — |
| Emma | 2,657 | $43,907 | $92,300 | $1,064 |
| Asheville | 94,535 | $71,102 | $440,000 | $1,402 |
| Biltmore Forest | 1,587 | $169,167 | $1,333,300 | — |
More for people moving to Marshall
Marshall ZIP code ›Weather and climate ›Living in Marshall: FAQ
What is the median household income in Marshall, NC?
The median household income in Marshall is $56,728, 22% lower than the North Carolina median of $72,388 (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 $282,100, compared with $288,900 in North Carolina.
How much is rent in Marshall?
The median gross rent in Marshall is $733 per month, about 31.3% of household income.
Is Marshall, NC a good place to live?
Pluses: home values about the same as the state median. Minuses: median household income 22% lower than the North Carolina median; an average commute of 25 minutes; a poverty rate of 24%.
What is the median age in Marshall?
The median age in Marshall is 46.7 years (North Carolina: 39.1).
How long is the commute in Marshall?
The average commute to work in Marshall is 25 minutes; 13.2% 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?
42.8% 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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