Marshall, MO is a great place to live for those looking for an affordable lifestyle. Rent for a two bedroom apartment in the city is $740 compared to the national average of $1,430. The cost of living is also lower than most cities with a grocery cost index of 95 compared to the US average of 100. In terms of entertainment, Marshall offers many recreational activities and events. There are museums, parks, and trails located around the town that provide the perfect opportunity to explore nature. Additionally, Marshall hosts events such as its annual Downtown GetDown Concert Series which is attended by people from all over Missouri. For anyone looking for an affordable city with plenty of entertainment options, Marshall is hard to beat.
Marshall has an unemployment rate of 3.4%. The US average is 6.0%.
Marshall has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 17.1%, which is lower than the US average of 33.5%.
Tax Rates for Marshall
- The Sales Tax Rate for Marshall is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Marshall is 5.9%. 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 $18,467 a year. The US average is $28,555 a year.
- The Median household income of a Marshall resident is $45,979 a year. The US average is $69,021 a year.