Marshall County, IL

Comprehensive housing, income, and cost of living data for Marshall County, Illinois. Population: 11.7K.

Median Home Price
$128.1K

Based on 6 cities

Median Household Income
$69.8K

Annual household income

Price-to-Income Ratio
1.8x

Highly affordable

Salary Needed to Buy
$39.8K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax
$2,743

Average annual amount

Effective Tax Rate
2.14%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$648
Property Tax$229
Insurance$53.37
Total Monthly$930
Historical Home Prices
2015
$88.9K
2016
$87.0K
-2.1%%
2017
$85.7K
-1.6%%
2018
$84.3K
-1.5%%
2019
$86.8K
+2.9%%
2020
$93.0K
+7.2%%
2021
$101.0K
+8.6%%
2022
$111.8K
+10.7%%
2023
$119.0K
+6.5%%
2024
$122.4K
+2.8%%
2025
$130.0K
+6.2%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
5.5%%

Near national average

Population Density
30

People per square mile

Homicide Rate
0.0

null (per 100K residents)

Political Lean (2020)
Competitive

R+1

Racial Demographics

White
92.4%
Black
0.4%
Hispanic
3.2%
Asian
0.1%
Two or More Races
3.6%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature
51°F

Annual average

Sunny Days
196

Days per year

Annual Rainfall
37.5"

Inches per year

Natural Disaster Risk
Moderate Risk

Score: 27/100

Frequently Asked Questions

What is the median home price in Marshall County, IL?

The median home price in Marshall County, Illinois is $128.1K. The price-to-income ratio is 1.8x, meaning the median home costs 1.8 times the median household income.

What salary do you need to buy a home in Marshall County?

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $39.8K per year to buy the median home in Marshall County, IL. Monthly housing costs break down to $648 for mortgage, $229 for property tax, and $53.37 for insurance.

What is the property tax rate in Marshall County?

The effective property tax rate in Marshall County is 2.14%, which comes to approximately $2,743 per year on the median home.

What is the median household income in Marshall County?

The median household income in Marshall County, Illinois is $69.8K per year, based on Census Bureau American Community Survey data. The unemployment rate is 5.5%%.

Is Marshall County a good place to live?

Marshall County, Illinois has a population of 11.7K. Housing affordability is strong with a price-to-income ratio of 1.8x. The climate averages 51 degrees F with 196 sunny days per year. Compare Marshall County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.