Marshall County, IL Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / Illinois / Peoria / Marshall County / Cities / Zip Codes
Marshall, IL County is an attractive place to live for those looking for affordability. With a two bedroom rent of $900 and a grocery cost index of 93 compared to the US 100, living in Marshall is considerably more affordable than other parts of the country. Furthermore, Marshall has a strong local economy with businesses such as Caterpillar, Kraft Foods Group Inc., and Pizza Hut. The county is also home to several schools, providing ample education opportunities for children and young adults. Residents can find plenty of recreational activities and outdoor spaces to enjoy in their free time. All these factors make Marshall an ideal place for those who are looking for an affordable yet enjoyable place to call home.

Marshall County has an unemployment rate of 6.9%. The US average is 6.0%.

Marshall County has seen the job market decrease by -7.7% over the last year. Future job growth over the next ten years is predicted to be 19.0%, which is lower than the US average of 33.5%.

Tax Rates for Marshall County
- The Sales Tax Rate for Marshall County is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Marshall County 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 County
- The average income of a Marshall County resident is $31,153 a year. The US average is $37,638 a year.
- The Median household income of a Marshall County resident is $60,231 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMarshall, IllinoisUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.