Marshall, TN County is located in West Tennessee and is known for its strong agricultural industry. The county is home to several major poultry producers, such as Tyson Foods, Cargill, and Koch Foods. Other industries present in the area include manufacturing, medical services, and educational institutions. Marshall also has a low cost of living compared to other parts of Tennessee; the average two-bedroom rent is $870 versus the US average of $1,430. Additionally, groceries are cheaper in Marshall County than the rest of the nation; according to the Grocery Cost Index, Marshall County has an index score of 95 versus 100 in the US. All together this makes Marshall County an attractive place to live for many families on a budget.
Marshall County has an unemployment rate of 4.9%. The US average is 6.0%.
Marshall County has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 46.4%, which is higher than the US average of 33.5%.
Tax Rates for Marshall County
- The Sales Tax Rate for Marshall County is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Marshall County is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Marshall County
- The average income of a Marshall County resident is $21,241 a year. The US average is $28,555 a year.
- The Median household income of a Marshall County resident is $60,036 a year. The US average is $69,021 a year.