Marshall, IL is a small city located in Clark County, Illinois. The population of Marshall is estimated to be 2,863 people according to the 2019 US Census Bureau data. This makes it an ideal place for those seeking a small-town atmosphere with lower costs of living than larger cities. Housing cost in Marshall is particularly attractive for those on a budget with a two bedroom rent averaging $820 compared to the national average of $1,430. The cost of other goods such as groceries are also relatively inexpensive based on an index score of 93 versus 100 nationally. Those looking for employment opportunities have plenty to choose from with notable local businesses such as Maytag Dairy Farms, Midland States Bank, and Miller’s Senior Living Community all headquartered in Marshall. Overall, if you're looking for laid-back lifestyle with lower costs then Marshall could be the perfect fit for you.
Marshall has an unemployment rate of 6.2%. The US average is 6.0%.
Marshall has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 20.6%, which is lower than the US average of 33.5%.
Tax Rates for Marshall
- The Sales Tax Rate for Marshall is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Marshall is 5.0%. 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 $24,046 a year. The US average is $28,555 a year.
- The Median household income of a Marshall resident is $58,454 a year. The US average is $69,021 a year.