Cost of Living in Marshall County, Kentucky
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, Kentucky
Marshall avoids the affordability squeeze
Marshall County residents spend just 14.6% of income on rent—the lowest ratio among peer counties and well below Kentucky's 17% average. With a median household income of $63,611 nearing the national $74,755, Marshall combines stronger earnings with controlled housing costs.
Kentucky's affordability leaders
Marshall County ranks among Kentucky's best for housing affordability, with a 14.6% rent-to-income ratio that undercuts the state average by 2.4 percentage points. This efficiency reflects both reasonable rents and above-average household earnings for the state.
Strong income lifts affordability rank
Marshall's $63,611 median income tops all neighbors except Madison ($62,407), paired with $773 rent just above Marion's low of $731. This income strength makes Marshall's housing costs feel lighter than regional peers.
Balanced rent and ownership costs
Marshall renters allocate $773 monthly (14.6% of income) while owners pay $804, both figures consuming similar modest shares of the $63,611 median income. The median home value of $173,700 remains accessible to local wage earners.
Marshall combines income and value
Marshall offers perhaps the best overall package: strong median income ($63,611), low rent burden (14.6%), and a $173,700 median home value that won't stretch you thin. If you want regional stability with affordability, Marshall merits comparison to Madison and Marion.
Affordability Calculator
See how your income compares to housing costs in Marshall County
Rent Burden
14.6%
of gross income
Max Housing (28% Rule)
$1,484
per month
Owner Cost Burden
15.2%
of gross income
You can likely afford the median home in Marshall County
Median home value is $173,700. Estimated monthly cost: $1,387 vs. your max of $1,484.
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.