Cost of Living in Marshall County, Indiana
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Marshall County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Marshall County, Indiana
Marshall County stays near national affordability
Marshall County renters spend 16.5% of income on housing, comfortably under the national benchmark and below what many households consider sustainable. With a median household income of $68,041—slightly below the national $74,755—the county delivers moderate housing costs relative to earnings.
Better than average for Indiana
Marshall County's 16.5% rent-to-income ratio beats Indiana's state average of 15.6% only slightly, but the median rent of $936 runs just $53 above state average. The county sits in the middle tier of Indiana affordability, neither a bargain nor a burden.
Comparable costs across the region
Marshall County's $936 median rent falls between Monroe County's steep $1,151 and Martin County's bargain $643, mirroring its mid-range income position. Neighbor Newton County ($927 rent) and Morgan County ($988) show similar affordability patterns, making Marshall a typical option in this part of Indiana.
Marshall County's housing equation
Renters earning the county median of $68,041 pay $936 monthly, consuming 16.5% of gross income for housing. Homeowners with a median home value of $184,500 face $917 in monthly costs, slightly lower than the renter burden and manageable within the county's income profile.
A balanced choice for Indiana movers
Marshall County offers reasonable affordability without extreme compromises; it's neither the cheapest nor most expensive option in the state. Families prioritizing stable housing-to-income ratios over rock-bottom costs will find Marshall a sensible, middle-ground choice.
Affordability Calculator
See how your income compares to housing costs in Marshall County
Rent Burden
16.5%
of gross income
Max Housing (28% Rule)
$1,588
per month
Owner Cost Burden
16.2%
of gross income
You can likely afford the median home in Marshall County
Median home value is $184,500. Estimated monthly cost: $1,473 vs. your max of $1,588.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.