Marshall, TX is a great place to live! It is a small city with a population of around 24,000 people. For those looking for an affordable place to call home, the 2 bedroom rent in Marshall comes in at just $940 per month - much less than the US average of $1,430 per month. Additionally, the cost of living is lower than that of the national average; according to the Grocery Cost Index, it’s estimated that groceries are only 90% as expensive in Marshall compared to other parts of the US. Marshall is home to several businesses and organizations such as Tyson Foods Inc., JCPenney, and AT&T Mobility. With its lower rent and cost of living combined with plenty of local amenities, Marshall offers an ideal place for families and individuals alike looking for a comfortable lifestyle without breaking the bank.
Marshall has an unemployment rate of 8.1%. The US average is 6.0%.
Marshall has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 13.6%, 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 0.0%. 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 $20,025 a year. The US average is $28,555 a year.
- The Median household income of a Marshall resident is $45,500 a year. The US average is $69,021 a year.