Marshall, MI Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Marshall, Michigan is a charming city located in the eastern part of the state. With an array of local businesses, restaurants, shops, parks, and cultural attractions for all ages, Marshall is an ideal place to call home. Popular employers in Marshall include Denso Manufacturing Michigan Inc., Eaton Corporation's Vehicle Group, and UP Health System. When it comes to rent prices for two-bedrooms apartments, the cost in Marshall is $920 compared to the US average of $1,430. Additionally, grocery costs are lower than average with a Grocery Cost Index of 94 versus 100 in the US. Residents can enjoy relative affordability without sacrificing modern amenities or access to entertainment - making Marshall the perfect city for budget-savvy families looking for a great place to live.

Marshall has an unemployment rate of 6.4%. The US average is 6.0%.

Marshall has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 22.8%, which is lower than the US average of 33.5%.

Tax Rates for Marshall
- The Sales Tax Rate for Marshall is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Marshall is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Marshall
- The average income of a Marshall resident is $24,421 a year. The US average is $28,555 a year.
- The Median household income of a Marshall resident is $63,438 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMarshall, MichiganUnited States
  6.46
  -7.0%-6.2%
  22.8%33.5%
  6.0%6.2%
  4.3%4.6%
  $39,837$37,638
  $63,438$69,021
  $79,048$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.1%6.8%
  18.3%10.0%
  0.5%2.5%
  9.3%11.0%
  2.7%4.8%
  1.3%0.8%
  0.4%1.9%
  2.7%4.7%
  1.6%1.9%
  5.9%7.6%
  0.0%0.1%
  1.2%4.2%
  13.3%9.3%
  21.1%14.0%
  2.3%2.1%
  6.5%7.0%
  4.3%4.8%
  4.6%4.7%
Reviews for Marshall
    See all ()

Marshall has gone way down since the time I was born to today. Downtown used to be services with things you needed, back when. Now it's a few bars, antique stores, and  More

   |    Reply

Start Your Review of Marshall

Health
Compare Marshall, MI
cost of living
Compare food, housing, utilities, and more in Marshall, Michigan to any other city in the US.