Cost of Living in Marshall County, South Dakota
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, South Dakota
Marshall County beats national affordability
Marshall County's 12.3% rent-to-income ratio falls comfortably below the national affordability threshold, offering genuine housing relief compared to most American counties. Against a national median household income of $74,755, Marshall's $72,500 income is nearly identical, yet renters dedicate less to housing than the national norm.
South Dakota's middle-ground housing market
Marshall County's 12.3% rent-to-income ratio sits slightly below South Dakota's state average of 13.8%, placing it in the affordability sweet spot. With median rent of $743—just below the state average of $756—Marshall offers stability without the premium costs found in Lincoln or Meade counties.
Affordable option amid varied peers
Marshall County's $743 rent positions it midway between budget markets like Lyman ($603) and pricier Lincoln County ($1,237), making it accessible while maintaining rural character. Its 12.3% rent burden beats McCook County (11.1%) slightly but offers more social amenities typical of county-seat communities.
Rent and homeownership costs align
Renters pay $743 monthly while homeowners spend $730 against a $72,500 household income—a rare case where ownership costs less than renting. Housing claims roughly 12% of gross income either way, leaving room for savings and other expenses.
Balanced affordability for families
Marshall County appeals to families seeking affordable ownership with a $147,200 median home price and rental options around $743. Its position as a middle-ground option—not the cheapest, but well below premium markets—makes it ideal for those prioritizing stability over bargain hunting.
Affordability Calculator
See how your income compares to housing costs in Marshall County
Rent Burden
12.3%
of gross income
Max Housing (28% Rule)
$1,692
per month
Owner Cost Burden
12.1%
of gross income
You can likely afford the median home in Marshall County
Median home value is $147,200. Estimated monthly cost: $1,175 vs. your max of $1,692.
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.