Cost of Living in Marshall, TX

Population 23,646 · Texas · Data vintage 2023

54
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Marshall is a smaller Texas community of around 24000 residents, where median household incomes of $49,817 and housing costs ($133,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. Unemployment has stayed elevated relative to the national figure — 7.9% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Marshall is about 35 miles west of Shreveport, the nearest large metro. Median home values run roughly 25% lower than Shreveport's $178,000.

Cost Overview

Housing 44
Rent 71

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Marshall

The median home value in Marshall is $133,000 — 56% below the national median of $305,000. Median rent runs $929/month, 29% lower than the national median of $1,314/month. The median household income of $49,817/year is 33% lower than the US median of $74,580. The local unemployment rate is 7.9%, above the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 76.0°F and lows of 54.5°F. Overall, Marshall has a cost of living index of 54 versus the US average of 100, meaning it is 46% less expensive.

🏠 Housing

Median Home Value
$133,000
56% below avg
Zillow Home Value
$155,429
Zillow ZHVI
Median Rent
$929/mo
29% below avg
Price-to-Rent Ratio
11.9x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$766
1 BR
$811
2 BR
$981
3 BR
$1,307
4 BR
$1,509
Owner-occupied 60.0%
Renter-occupied 40.0%

💰 Estimated Monthly Budget

Rent median rent
$929
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,543/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
18.3 min
32% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.3%

Commute Mode

Drove alone
75.0%
Carpooled
12.4%
Walked
3.4%
Work from home
6.3%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 8.2%
State rate 6.3%
Avg local rate 1.9%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$49,817
33% below avg
Per Capita Income
$26,986
Unemployment Rate
7.9%
63% above avg
Poverty Rate
25.8%
Labor Force Participation
60.0%

🎓 Education

Bachelor's degree+ 12.8%
Graduate degree 7.1%

👥 Demographics

Median Age 32.7
Male median age 30.4
Female median age 33.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
76.0°F
Avg Low
54.5°F
Annual Precip
50.3"
Annual Snowfall
0.4"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 576169768389939488786759
Low °F 364047546269727266554538
Precip" 4.344.234.734.624.354.922.913.103.494.454.184.95
Snow" 0.20.20.00.00.00.00.00.00.00.00.00.0

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 47 — Good
57.7%
Good air days/yr
111
Max AQI recorded
222
PM2.5 days
136
Ozone days

Frequently Asked Questions

What is the cost of living in Marshall, TX?

Marshall has a cost index of 54 (100 = national average). It is 46% below the national average.

What is average rent in Marshall, TX?

The median gross rent in Marshall is $929 per month based on 2023 Census data.

What is the average home price in Marshall?

The median home value in Marshall is $133,000 according to Zillow and Census data.

What is the median income in Marshall?

The median household income in Marshall is $49,817 per year (2023 ACS 5-year estimates).

What is the sales tax in Marshall, TX?

The combined state and local sales tax rate in Marshall is 8.2%. Texas has no state income tax.

Is Marshall, TX affordable?

Yes, Marshall is generally considered affordable, with a cost of living index of 54 — about 46% below the US national average of 100.

What is the weather like in Marshall?

Marshall has average high temperatures of 76.0°F and average lows of 54.5°F. Annual precipitation is 50.3". Average annual snowfall is 0.4". Data from NOAA 1991–2020 Climate Normals.

Marshall at a Glance

Population
23,646
Median Income
$49,817
Home Value
$133,000
Median Rent
$929/mo
Unemployment
7.9%
Avg High Temp
76.0°F
Sales Tax
8.2%
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