Marshalltown, IA
Population 27,491 · Iowa
About Marshalltown, IA
Marshalltown is a mid-sized city in Iowa with a population of 27,491 residents. The median household income is $68,854 per year, which is near the national average. The median age in Marshalltown is 35.7 years.
Housing in Marshalltown has a median home value of $117,100 and median monthly rent of $864. Of the 10,893 total housing units, the majority are owner-occupied, with 6,772 owner-occupied and 3,355 renter-occupied units.
The unemployment rate in Marshalltown is 4.5% and the poverty rate is 14.0%. 19.7% of residents hold a bachelor's degree or higher. The average commute time is 17.4 minutes.
How Marshalltown Ranks in Iowa
Cost of Living in Marshalltown, IA
Compared to national averages, Marshalltown has a median household income of $68,854 (8% below the national median of $75,149). Home values average $117,100, which is 52% below the national median. Monthly rent at $864 is 26% below the US average of $1,163. Within Iowa, Marshalltown's income is 1% above the state average of $67,947, and home values are 11% below the state median of $132,237.
Why Live in Marshalltown, IA?
Marshalltown offers affordable housing with a median home value of $117,100, below the US average of $244,900, and rent that’s lower than the national average at $864/month, and short commute times averaging just 17.4 minutes.
Potential considerations include median household income ($68,854) that falls below the national average. However, Marshalltown’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Marshalltown has a population of 27,491 with a median age of 35.7 years. Compare Marshalltown with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Marshalltown
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Mason City | 27,135 | $62,369 | $130,000 | Compare |
| Waukee | 26,974 | $106,728 | $328,200 | Compare |
| Ottumwa | 25,352 | $56,994 | $92,400 | Compare |
| Fort Dodge | 24,788 | $61,769 | $128,900 | Compare |
| Clinton | 24,425 | $57,493 | $115,400 | Compare |
| Johnston | 24,196 | $103,430 | $346,200 | Compare |
| Burlington | 23,800 | $55,274 | $115,800 | Compare |
| Muscatine | 23,567 | $59,332 | $146,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Marshalltown
What is the population of Marshalltown, IA?
The population of Marshalltown, IA is 27,491 according to the latest Census data.
What is the median household income in Marshalltown?
The median household income in Marshalltown, IA is $68,854 per year.
What is the median home value in Marshalltown?
The median home value in Marshalltown, IA is $117,100.
What is the average rent in Marshalltown?
The median monthly rent in Marshalltown, IA is $864.
What is the unemployment rate in Marshalltown?
The unemployment rate in Marshalltown, IA is 4.5%.