Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Health & Safety
Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Marshall, Missouri is a moderately-sized city with a population of 12,920 people. The majority of Marshall residents report their race to be White; this is followed by Black and Asian. If you are a young adult or student, you might be pleased to know that the average age of all Marshall residents is 32. Marshall is not known to have a high population (over 15 years old) of married people. At only 45% married, this city falls well below the national average. Not a fan of sitting in traffic during your commute to work? Marshall offers shorter work commutes, with an average one-way commute time taking only 15 minutes, far lower than the national average of 26 minutes.
Whether you’re moving to a new area to be closer to family, friends or for a new job, living in Marshall could be a positive experience compared to other cities in Missouri if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. To help you find the best places to live in and around Marshall, AreaVibes has created a livability score using key metrics like amenities, cost of living, health & safety, employment and more.
Marshall has a livability score of 71/100 and is ranked #76 in Missouri and #5,314 in the USA. There are nine total categories that generate the livability score. Marshall ranks well for crime (B), cost of living (A+) and housing (A) Unfortunately for Marshall, there are some categories for which it does not score well, this includes: amenities (F) and employment (D-).
The Marshall unemployment rate of 2.17% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
Finding affordable real estate and housing in Marshall can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Marshall. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Marshall are affordable. Median real estate prices in Marshall come in at $114,400, which is 19% lower than the Missouri average. The home price to income ratio compares the median home prices to the median household income. In Marshall, the home price to income ratio is 2.6, which is 10.3% lower than the Missouri average.
| Statistic | Marshall | Missouri | National |
| Average one way commute | 15min | 23min | 26min |
| Workers who drive to work | 84.1% | 81.6% | 76.4% |
| Workers who carpool | 8.6% | 9.1% | 9.3% |
| Workers who take public transit | 0.0% | 1.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 1.3% | 1.9% | 2.8% |
| Working from home | 4.3% | 4.6% | 4.6% |
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