Median Income
$40,625
household / year
Median Home Value
$85,500
owner-occupied
Median Rent
$1,108
gross / month
Cost of Living
88
national avg = 100

Is Marshall, IN a Good Place to Live?

Marshall is a small town of 331 in Indiana, with a median household income of $40,625 and a 2.0% unemployment rate. Its cost of living index is 88 (US average = 100), which is 12% below the national average.

Strengths: Marshall stands out for an affordable cost of living, below-average home prices, solid school ratings (B+).

Trade-offs: Potential downsides include longer commutes. Whether Marshall is right for you depends on your priorities — the full breakdown is below.

All Marshall city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 88.2

Marshall's overall cost of living index is 88.2, where 100 represents the US national average. Living in Marshall costs roughly 12% less than the average American city.

Metric Marshall, IN National Avg
Median Home Value $85,500 $244,900
Median Monthly Rent $1,108 $1,163
Homeownership Rate 60.5% 65.9%
Median Household Income $40,625 $74,755

Crime & Safety

Crime data for Marshall is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Marshall is served primarily by North Central Parke Comm Schl Corp. The student-to-teacher ratio is 9.7:1 (better than the national average of ~16:1).

Metric Marshall, IN National Avg
School District North Central Parke Comm Schl Corp
Elementary Schools 2
Middle Schools 1
High Schools 1
Student/Teacher Ratio 9.7:1 16:1
Bachelor's Degree or Higher 6.0% 35.4%
High School Diploma or Higher 86.5% 91.1%

Weather & Climate

Marshall sees average highs of 35.7°F in January and 85.8°F in July, with 43.6 inches of annual precipitation and 27.7 inches of snow per year.

MetricMarshall, IN
Average High — January35.7°F
Average High — July85.8°F
Annual Precipitation43.6"
Annual Snowfall27.7"

Demographics

MetricMarshall, INNational Avg
Population331
Median Age48.038.9
Unemployment Rate2.0%3.7%
Avg Commute Time35.4 min26 min
White (non-Hispanic)83.4%59.3%
Black or African American16.0%13.6%
Hispanic or Latino0.0%18.9%
Asian0.0%6.3%
Under 1814.8%22.2%
65 and over15.7%16.8%

Nearby Cities

ZIP Codes in Marshall

Marshall, IN is covered by 1 ZIP code:

Marshall vs Other Cities

Frequently Asked Questions

Marshall's cost of living index is 88, where 100 is the national average. That makes Marshall roughly 12% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $85,500 and median rent is $1,108/month.
Crime data for Marshall is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
Public schools in Marshall are operated by North Central Parke Comm Schl Corp. The district has 2 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 9.7:1. 6.0% of adults 25+ hold a bachelor's degree or higher.
Marshall, IN has a population of 331, a median household income of $40,625, and an unemployment rate of 2.0%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Marshall averages 35.7°F in January and 85.8°F in July. Annual rainfall is 43.6 inches with about 27.7 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Marshall, IN is covered by 1 ZIP code: 47859.
The population of Marshall, Indiana is 331 with a median age of 48.0. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Marshall: cost of living index 88 (100 = US average), median home $85,500, median household income $40,625, schools rated B+. Whether these are benefits or drawbacks depends on where you're coming from — compare Marshall side by side with your current city to see the trade-offs.