2024 Compare Cities Economy:
Richmond, KY vs Marshalltown, IA

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Highlights
- Household income in Marshalltown, is 43% more than it is in Richmond and is 20% below the National Average.
- Richmond unemployment rate is 4.9%.
- Marshalltown unemployment rate is 9.7%.
 Richmond, KYMarshalltown, IAUnited States
 Unemployment Rate4.9%9.7%6.0%
 Recent Job Growth1.1%-0.8%1.6%
 Future Job Growth33.2%9.3%33.5%
 Sales Taxes6.0%7.0%6.2%
 Income Taxes8.0%7.4%4.6%
 Income per Cap.$23,945$26,000$37,638
 Household Income$40,221$57,367$69,021
 Family Median Income$63,453$70,167$85,028
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 Est. Households By Income
 Richmond, KYMarshalltown, IAUnited States
 Income Less Than 15K19.7%12.0%9.4%
 Income between 15K and 20K5.7%3.4%3.8%
 Income between 20K and 30K10.4%11.9%8.1%
 Income between 30K and 40K14.0%7.1%8.0%
 Income between 40K and 50K7.2%9.3%7.6%
 Income between 50K and 60K7.9%8.4%7.2%
 Income between 60K and 75K7.8%11.6%9.6%
 Income between 75K and 100K10.9%13.8%12.8%
 Income between 100K and 150K10.3%15.9%16.3%
 Income between 150K and 200K3.8%3.9%7.8%
 Income greater than 200K2.3%2.8%9.5%
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 Population By Occupation
 Richmond, KYMarshalltown, IAUnited States
 Management, business, finance9.9%9.8%16.4%
 Engineering, computers, science5.0%4.6%6.5%
 Community, social services2.3%1.5%1.8%
 Legal0.5%0.4%1.2%
 Education, library7.5%6.2%6.2%
 Arts, design, media, sports, entertainment2.2%1.2%2.0%
 Healthcare practitioners and technology5.2%3.9%6.2%
 Healthcare support3.0%2.7%3.3%
 Firefighters, law enforcement3.9%0.7%2.1%
 Food preparation, serving9.7%5.7%5.4%
 Building maintenance3.9%5.0%3.6%
 Personal care3.6%2.6%2.6%
 Sales, office, administrative support22.1%16.7%20.9%
 Farming, fishing, forestry0.0%1.2%0.6%
 Construction, extraction, maintenance/repair5.7%11.1%8.1%
 Production, transportation, material moving15.5%26.7%13.1%
Reviews for Richmond    4 Reviews

Over 6 years ago

Keep this between us... Richmond is a hidden gem. A small university town close to a large city (Lexington is 30 minutes away) and less than two hour from very large  More

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For a smallish town, Richmond offers a convenient location and great small restaurants. Fortunately it is also wedged between Lexington and little Berea, both with more  More

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Over 15 years ago

Major university town of small size (30,000), and conveniently located 30 miles from Lexington,  More

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Reviews for Marshalltown    4 Reviews

I have lived around and worked in Marshalltown for nearly 15 years now, and I have lived in and around the area and the state for half my life. Marshalltown is  More

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Over 6 years ago

I Am Going To Be Straight And Honest With You If You Choose To Live In Marshalltown Iowa You Will Pay Some Of The Most Highest Taxes, And Property Taxes In Iowa.  More

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Over 15 years ago

Another contributor's recent comment on the quality of life in Marshalltown was accurate up to a point, in my opinion as a long-time city resident, but did not offer a  More

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