Located in the state of Texas, Marshall is a moderately-sized city with a population of 23,651 residents. Marshall is mostly populated by White (57%) and Black or African American (38%) ethnic groups. Not a fan of sitting in traffic? One big advantage of living in Marshall is the reasonable commute times to work. With an average one way commute time of 18 minutes, getting to work is faster than the national average of 26 minutes.
If you’re considering moving to any new city, it could be a very intimidating task. However, it could also be a fulfilling experience if you are willing to get to know the area before actually living in Marshall, Texas. Using the livability score which includes data from categories like amenities, crime, cost of living, weather, education, you can easily compare the best places to live in Marshall and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Marshall to Texas and the national average.
The livability score in Marshall is 69/100 and the city is ranked in the 59th percentile of all cities across America. Based on the grades for each individual category, Marshall has received high marks for amenities (A+), cost of living (A) and education (B-). On a more negative note, Marshall does not have favorable ranks for the following: crime (F), employment (D-) and housing (F). If we take a look at the data, we can find out why.
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Marshall has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive. Some of the interesting things to do and attractions include: Marshall Pottery, Starr Family Home State Historic Site, and East Texas University.
Marshall real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Marshall. The median home price for Marshall homes is $89,100, which is 37.6% lower than the Texas average. If we take a closer look at the affordability of homes in Marshall, we’ll see that the home price to income ratio is 2.3, which is 11.5% lower than the Texas average. Purchasing your new home can come with many financial benefits, some of which are more lucrative than others. Perhaps the most notable benefit could be the appreciation of your new home. Home appreciation rates are a good way to generate tax-free equity on a long term basis. The year over year appreciation rates in Marshall were 8.7%, and the 5 year appreciation rates came in at 0.3%.