Cost of Living in Marshall, VA

Population 3,213 · Virginia · Data vintage 2023

140
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Marshall a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $412,000. An unemployment rate of 2.2% points to a labor market well on the tight side of the national distribution.

Geographically, Marshall is about 40 miles west of Arlington, the nearest large metro. Median home values run roughly 52% lower than Arlington's $865,000.

Cost Overview

Housing 135
Rent 148

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

About the Cost of Living in Marshall

The median home value in Marshall is $411,700 — 35% above the national median of $305,000. Median rent runs $1,947/month, 48% higher than the national median of $1,314/month. The median household income of $98,702/year is 32% higher than the US median of $74,580. The local unemployment rate is 2.2%, below the national average of 4.8%. Virginia's top state income tax rate is 5.8% and the combined sales tax is 5.6%. The climate averages highs of 66.0°F and lows of 45.3°F, with about 21" of annual snowfall. Overall, Marshall has a cost of living index of 140 versus the US average of 100, meaning it is 40% more expensive.

🏠 Housing

Median Home Value
$411,700
35% above avg
Zillow Home Value
$840,623
Zillow ZHVI
Median Rent
$1,947/mo
48% above avg
Price-to-Rent Ratio
17.6x
Favors buying
Property Tax Rate
0.8%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$970
1 BR
$989
2 BR
$1,200
3 BR
$1,645
4 BR
$1,885
Owner-occupied 35.2%
Renter-occupied 64.8%

💰 Estimated Monthly Budget

Rent median rent
$1,947
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,561/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
34.0 min
26% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.1%

Commute Mode

Drove alone
79.2%
Carpooled
7.2%
Walked
2.5%
Work from home
10.1%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.8%
Total Sales Tax 5.6%
State rate 4.3%
Avg local rate 1.3%
Property Tax 0.8%

💼 Income & Employment

Median Household Income
$98,702
32% above avg
Per Capita Income
$36,605
Unemployment Rate
2.2%
54% below avg
Poverty Rate
17.9%
Labor Force Participation
74.7%

🎓 Education

Bachelor's degree+ 11.1%
Graduate degree 6.5%

👥 Demographics

Median Age 33.3
Male median age 35.5
Female median age 32.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
66.0°F
Avg Low
45.3°F
Annual Precip
43.2"
Annual Snowfall
21"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 434655677583888679685747
Low °F 252734435362676558453629
Precip" 2.942.613.503.474.724.304.153.533.943.653.133.30
Snow" 6.97.03.90.10.00.00.00.00.00.00.32.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 39 — Good
92.1%
Good air days/yr
115
Max AQI recorded
0
PM2.5 days
242
Ozone days

Frequently Asked Questions

What is the cost of living in Marshall, VA?

Marshall has a cost index of 140 (100 = national average). It is 40% above the national average.

What is average rent in Marshall, VA?

The median gross rent in Marshall is $1,947 per month based on 2023 Census data.

What is the average home price in Marshall?

The median home value in Marshall is $411,700 according to Zillow and Census data.

What is the median income in Marshall?

The median household income in Marshall is $98,702 per year (2023 ACS 5-year estimates).

What is the sales tax in Marshall, VA?

The combined state and local sales tax rate in Marshall is 5.6%. The Virginia state income tax top rate is 5.8%.

Is Marshall, VA affordable?

Marshall is above average in cost of living, with an index of 140 — about 40% higher than the national average.

What is the weather like in Marshall?

Marshall has average high temperatures of 66.0°F and average lows of 45.3°F. Annual precipitation is 43.2". Average annual snowfall is 21". Data from NOAA 1991–2020 Climate Normals.

Marshall at a Glance

Population
3,213
Median Income
$98,702
Home Value
$411,700
Median Rent
$1,947/mo
Unemployment
2.2%
Avg High Temp
66.0°F
Sales Tax
5.6%
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🗺️ County data for Virginia

Explore county-level cost of living data

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