Marshall County, Alabama
Income Data
At a Glance
How Marshall County Compares
Detailed Income Statistics
Data Story
About Household Income in Marshall County, Alabama
Marshall County Earns Below National Median
Marshall County's median household income of $60,946 falls 19% short of the national median of $74,755. While not matching the wealthiest counties nationally, Marshall's income profile reflects above-average earning power for rural Alabama.
Outpaces Alabama's State Average
At $60,946, Marshall County's median household income exceeds Alabama's state average of $54,196 by $6,750—a 12% premium. This positions Marshall among the state's stronger performers, reflecting a more diversified local economy than many neighboring counties.
Marshall Competes with Lee County
Marshall County's $60,946 income trails Lee County ($61,123) by just $177, placing both counties in a narrow band of regional economic strength. Together, they form the upper tier of northern Alabama's income profile outside the Limestone-Madison corridor.
Housing Costs Well-Balanced
Marshall County's rent-to-income ratio of 15.1% sits nearly at the recommended 15% threshold, indicating solid housing affordability. The median home value of $183,400 is achievable for households at the county median, though requires disciplined saving for a substantial down payment.
Marshall Households Build on Stability
Marshall County families earning near the county median should prioritize building a down payment fund for homeownership while contributing to retirement savings. Consider starting with automatic transfers to a dedicated savings account, then exploring investment opportunities once housing is secured.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Marshall County median
County median: $60,946 per year
vs. County Median
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vs. State Average
+12%
vs. National Median
-18%
Income Adequacy
Your monthly income ($5,079) vs. median rent ($765/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.