Marshall, North Carolina is a small town located in Madison County with a population of 791 people. Despite its small size, Marshall offers a range of businesses and services for its citizens. Companies such as Marshall Trading Company, Marshall Art Gallery, and Marshall Creek Realty offer locally owned businesses that cater to the needs of the local community. In addition to local business opportunities, Marshall also provides an affordable cost of living compared to the national average. The average rental cost for two bedrooms in Marshall is $1,250 compared to the US average of $1,430. Similarly, the grocery cost index in Marshall is 98 compared to 100 nationally. Overall, Marshall provides a great opportunity for residents looking for affordability and access to local businesses.
Marshall has an unemployment rate of 4.1%. The US average is 6.0%.
Marshall has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 39.2%, which is higher than the US average of 33.5%.
Tax Rates for Marshall
- The Sales Tax Rate for Marshall is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Marshall is 5.5%. 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 $17,829 a year. The US average is $28,555 a year.
- The Median household income of a Marshall resident is $45,375 a year. The US average is $69,021 a year.