Cost of Living in Marshall County, Iowa
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Marshall County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Marshall County ranks #1,878 of 3,142 counties for affordability (bottom 40%)
Sourced county brief
Marshall County Renter Median Income Estimated at $55,159
Marshall County’s renter-household median income was estimated at $55,159 for the 2020-2024 period. The median gross rent in the county was $885 per month, which is $53 higher than the state unweighted county mean of $832. For owners, the median selected monthly owner cost was $963, differing from the state unweighted county mean of $950 by $13. The median home value in Marshall County was $145,500, which is $25,537 below the state unweighted county mean of $171,037. The official rentBurdenGrapiPct, which is the median gross rent as a percentage of household income among renter-occupied housing units, was 23.2%. This is 2.2 percentage points below the state unweighted county mean of 25.4%. The canonical rentToIncomePct of 23.2% is the official ACS B25071 GRAPI estimate. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Marshall County
Affordability Verdict
ACS B25071 estimates median gross rent at 23.2% of renter household income in Marshall County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $885 per month; median selected monthly owner costs are $963. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $35,400 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Iowa unweighted mean of county median rents is $832 per month. Marshall County's $885 median is 6.3% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Marshall County
Rent Burden
14.5%
of gross income
Max Housing (28% Rule)
$1,711
per month
Owner Cost Burden
15.8%
of gross income
You can likely afford the median home in Marshall County
Median home value is $145,500. Estimated monthly cost: $1,162 vs. your max of $1,711.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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