Marshall County, IN

Comprehensive housing, income, and cost of living data for Marshall County, Indiana. Population: 46.2K.

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Median Home Price

$226.5K

Based on 7 cities

Median Household Income

$68.0K

Annual household income

Price-to-Income Ratio

3.3x

Moderately affordable

Salary Needed to Buy

$57.6K

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

Housing & Finance

Annual Property Tax

$1,260

Average annual amount

Effective Tax Rate

0.56%

Property tax / home value

Monthly Housing Costs

Mortgage (P&I)$1,145

Property Tax$105

Insurance$94.38

Total Monthly$1,345

Historical Home Prices

2015

$128.6K

2016

$132.8K

+3.3%%

2017

$137.6K

+3.7%%

2018

$144.7K

+5.1%%

2019

$150.8K

+4.2%%

2020

$167.8K

+11.3%%

2021

$193.4K

+15.3%%

2022

$207.9K

+7.5%%

2023

$224.5K

+8.0%%

2024

$236.3K

+5.2%%

2025

$243.3K

+3.0%%

Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate

3.0%%

Below national average

Population Density

104

People per square mile

Homicide Rate

10.8

Medium (per 100K residents)

Political Lean (2020)

Competitive

R+0

Racial Demographics

White

85.4%

Black

0.5%

Hispanic

11.6%

Asian

0.7%

Two or More Races

1.7%

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

Climate & Environment

Average Temperature

50°F

Annual average

Sunny Days

197

Days per year

Annual Rainfall

39.8"

Inches per year

Natural Disaster Risk

Moderate Risk

Score: 42/100

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