Marshall, MI
Population 6,797 · Michigan
About Marshall, MI
Marshall is a small town located in Michigan with a population of 6,797 residents according to the latest US Census Bureau American Community Survey data. The median household income is $75,220 per year, which is 0% above the national median of $75,149. The median age of 46.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Marshall features a median home value of $169,800, which is 31% below the national median of $244,900. This positions Marshall in a moderately priced market relative to the rest of the country. Median monthly rent is $933, 20% below the national average of $1,163/month. Of the 3,428 total housing units, 68% are owner-occupied (2,171 units) and 32% are renter-occupied (1,028 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Marshall shows an unemployment rate of 7.4%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 6.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Marshall have an average one-way commute time of 21.2 minutes.
Education & Demographics
41.8% of Marshall residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 3.3% White, 1.1% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.0% of the population being foreign-born.
Cost of Living in Marshall, MI
Compared to national averages, Marshall has a median household income of $75,220 (0% above the national median of $75,149). Home values average $169,800, which is 31% below the national median. Monthly rent at $933 is 20% below the US average of $1,163. Within Michigan, Marshall's income is 14% above the state average of $66,017, and home values are 7% below the state median of $183,391.
Why Live in Marshall, MI?
Marshall offers a strong local economy with a median household income of $75,220, well above the national average, and affordable housing with a median home value of $169,800, below the US average of $244,900, and rent that’s lower than the national average at $933/month. Additionally, the city features a well-educated community where 41.8% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.8%, better than the national average, and short commute times averaging just 21.2 minutes.
Marshall has a population of 6,797 with a median age of 46.5 years. Compare Marshall with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Marshall
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Byron Center | 6,817 | $112,324 | $359,400 | Compare |
| South Monroe | 6,771 | $59,674 | $176,900 | Compare |
| Bridgeport | 6,841 | $47,325 | $91,400 | Compare |
| Eastwood | 6,704 | $50,054 | $133,800 | Compare |
| St. Louis | 6,926 | $46,096 | $115,700 | Compare |
| Fair Plain | 6,992 | $55,536 | $147,800 | Compare |
| River Rouge | 7,092 | $32,568 | $55,900 | Compare |
| Milford | 6,467 | $102,521 | $348,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Marshall With Other Cities
Frequently Asked Questions about Marshall
What is the population of Marshall, MI?
The population of Marshall, MI is 6,797 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Michigan.
What is the median household income in Marshall?
The median household income in Marshall, MI is $75,220 per year, which is 0% above the national median of $75,149.
What is the median home value in Marshall?
The median home value in Marshall, MI is $169,800, which is 31% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Marshall?
The median monthly rent in Marshall, MI is $933, which is 20% below the national average of $1,163/month.
What is the unemployment rate in Marshall?
The unemployment rate in Marshall, MI is 7.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Marshall, MI a good place to live?
Marshall offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 6,797 and a median age of 46.5, the city appeals to established professionals and retirees.
How educated is Marshall, MI?
41.8% of residents in Marshall aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Marshall?
Key cost-of-living indicators for Marshall, MI: median home value is $169,800 (31% below national), median rent is $933/month, and median household income is $75,220. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Marshall?
The poverty rate in Marshall, MI is 6.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Marshall, MI?
Marshall's population is 3.3% White, 1.1% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.7% two or more races. 2.0% of residents are foreign-born.