Marshall, TX
Population 23,646 · Texas
About Marshall, TX
Marshall is a mid-sized city located in Texas with a population of 23,646 residents according to the latest US Census Bureau American Community Survey data. The median household income is $49,817 per year, which is 34% below the national median of $75,149. The median age of 32.7 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Marshall features a median home value of $133,000, which is 46% below the national median of $244,900. This makes Marshall one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $929, 20% below the national average of $1,163/month. Of the 9,754 total housing units, 60% are owner-occupied (4,965 units) and 40% are renter-occupied (3,307 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Marshall shows an unemployment rate of 7.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 25.7%, above the national average of 12.4%. Workers in Marshall have an average one-way commute time of 16.5 minutes, one of the shorter commutes in the region.
Education & Demographics
19.9% of Marshall residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 21.0% White, 2.2% Hispanic or Latino, 0.1% Black or African American, and 1.6% Asian residents, with 6.9% of the population being foreign-born.
Cost of Living in Marshall, TX
Compared to national averages, Marshall has a median household income of $49,817 (34% below the national median of $75,149). Home values average $133,000, which is 46% below the national median. Monthly rent at $929 is 20% below the US average of $1,163. Within Texas, Marshall's income is 32% below the state average of $72,726, and home values are 37% below the state median of $211,769.
Why Live in Marshall, TX?
Marshall offers affordable housing with a median home value of $133,000, below the US average of $244,900, and rent that’s lower than the national average at $929/month, and short commute times averaging just 16.5 minutes.
Potential considerations include median household income ($49,817) that falls below the national average. However, Marshall’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Marshall has a population of 23,646 with a median age of 32.7 years. Compare Marshall with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Marshall
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Belton | 23,769 | $63,544 | $252,000 | Compare |
| Katy | 23,900 | $107,332 | $376,800 | Compare |
| Watauga | 23,336 | $91,669 | $233,400 | Compare |
| Fresno | 24,087 | $89,442 | $230,400 | Compare |
| Horizon City | 23,069 | $65,702 | $154,200 | Compare |
| Corinth | 22,868 | $118,949 | $351,200 | Compare |
| Benbrook | 24,430 | $82,148 | $278,200 | Compare |
| Saginaw | 24,467 | $98,003 | $270,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
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, TX?
The population of Marshall, TX is 23,646 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Texas.
What is the median household income in Marshall?
The median household income in Marshall, TX is $49,817 per year, which is 34% below the national median of $75,149.
What is the median home value in Marshall?
The median home value in Marshall, TX is $133,000, which is 46% 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, TX is $929, which is 20% below the national average of $1,163/month.
What is the unemployment rate in Marshall?
The unemployment rate in Marshall, TX is 7.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Marshall, TX a good place to live?
Marshall offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 23,646 and a median age of 32.7, the city appeals to young professionals and families.
How educated is Marshall, TX?
19.9% of residents in Marshall aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Marshall?
Key cost-of-living indicators for Marshall, TX: median home value is $133,000 (46% below national), median rent is $929/month, and median household income is $49,817. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Marshall?
The poverty rate in Marshall, TX is 25.7%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Marshall, TX?
Marshall's population is 21.0% White, 2.2% Hispanic or Latino, 0.1% Black or African American, 1.6% Asian, and 40.1% two or more races. 6.9% of residents are foreign-born.