IncomeBy County

Marshall County, Indiana

+2% vs. Indiana average
$71,808
Median Household Income
$34,462
Per Capita Income

At a Glance

Median Household Income
$71,808
+2% vs. state avg
Per Capita Income
$34,462
-13% vs. national
Income-to-Housing Ratio
35.0%
income as % of home value
Rank in Indiana
#32 / 92
by median household income

Economic Indicators

Unemployment Rate
N/A
Labor Force Participation
N/A

How Marshall County Compares

Marshall County$71,808
Indiana Average$70,257
National Median$74,755

Detailed Income Statistics

$71,808
Median Household Income
$34,462
Per Capita Income
$204,900
Median Home Value
35.0%
Income-to-Housing Ratio

Income Advisory: Marshall County

Income Verdict

Marshall County has a median household income of $68,041 and per capita income of $33,134 — a gap of $34,907, suggesting a typical mix of dual-income and single-earner households.

Housing Affordability

With median gross rent at $936/month and a median household income of $68,041, rent consumes approximately 16.5% of monthly income — well within affordable thresholds.

Economic Context

A median household income of $68,041 suggests moderate-to-strong purchasing power, generally sufficient to cover essentials with room for discretionary spending in most markets. Per capita income of $33,134 is in line with national norms for individual earners.

Neighbor Context

Marshall County earns approximately 0.9% below the Indiana state median household income of $68,681.

Data Story

About Household Income in Marshall County, Indiana

Marshall County slightly below national median

Marshall County's median household income of $68,041 trails the national median of $74,755 by $6,714, or roughly 9%. Though modest, this gap places the county near the national middle, with stronger income stability than many Rust Belt counties.

Nearly at Indiana's state average

Marshall County's $68,041 income nearly matches Indiana's state median of $68,681, placing it solidly in the middle tier of Indiana counties. The county's per capita income of $33,134 falls slightly below the state average of $34,773.

Strong performer among peers

Marshall County's $68,041 income exceeds most neighbors, including Marion County ($63,450), Miami County ($61,130), and Martin County ($65,345). Only Morgan County ($79,088) and Newton County ($68,596) among nearby counties earn notably more.

Housing costs are well-managed

Marshall County's rent-to-income ratio of 16.5% is well below the 30% affordability threshold, among the healthiest in the region. With a median home value of $184,500, homeownership remains attainable for households at the county median income.

Leverage your solid income foundation

Households in Marshall County earning $68,041 have a strong platform for wealth-building through regular retirement contributions and diversified investments. Local banks and credit unions often offer financial literacy workshops—use them to maximize your earning and saving potential.

Frequently Asked Questions

What is the median household income in Marshall County, Indiana?
The median household income in Marshall County, Indiana is $71,808, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Marshall County?
The per capita income in Marshall County is $34,462, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $71,808.
How does Marshall County compare to the Indiana average?
Marshall County's median household income of $71,808 is higher than the Indiana state average of $70,257. The per capita income is $34,462, compared to the state average of $35,834.
What is the per capita income in Marshall County, Indiana?
The per capita income in Marshall County, Indiana is $34,462, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Marshall County income higher than the Indiana average?
Marshall County's median household income of $71,808 is higher than the Indiana average of $70,257. This difference of $1,551 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Marshall County rank for income in Indiana?
Marshall County ranks #32 out of 92 counties in Indiana by median household income (1 = highest). With a median household income of $71,808 and per capita income of $34,462, it falls in the middle third of counties statewide.

Income Comparison Calculator

See how your household income compares in Marshall County

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Your income is above the Marshall County median

County median: $71,808 per year

vs. County Median

+0%

vs. State Average

+2%

vs. National Median

-4%

vs. Marshall County MedianAbout equal
vs. Indiana Average2% above
vs. National Median4% below

Income Adequacy

Monthly income covers median rent6.4x

Your monthly income ($5,984) vs. median rent ($938/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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By Evan Brooks, Data EditorUpdated Reviewed by Evan Brooks, Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.