Marshall, MN (56258) is a city located in southwestern Minnesota with an estimated population of 13,680 according to the U.S. Census Bureau. The average two-bedroom rent in Marshall is $820, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Marshall is 97 compared to 100 in the US on average. This makes it an affordable place to call home.
For businesses and local services, Marshall has several notable companies such as Schwan's Food Company, Avera Marshall Regional Medical Center and Southwest Minnesota State University. There are also a variety of restaurants, grocery stores, banks and parks to visit while living in Marshall.
Marshall (zip 56258) has an unemployment rate of 4.2%. The US average is 6.0%.
Marshall (zip 56258) has seen the job market decrease by -2.4% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Marshall (zip 56258)
- The Sales Tax Rate for Marshall (zip 56258) is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Marshall (zip 56258) is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Marshall (zip 56258)
- The average income of a Marshall (zip 56258) resident is $32,192 a year. The US average is $37,638 a year.
- The Median household income of a Marshall (zip 56258) resident is $58,750 a year. The US average is $69,021 a year.