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Marshall, Illinois

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
4,040
Population
$76,250
Median Income
$118,500
Home Value
43.5
Median Age

Demographics

Marshall has a population of 4,040 with a median age of 43.5. Here is the racial and ethnic breakdown of the population:

White
91.8%
Other
4.7%
Hispanic
2.1%
Black
1.1%
Demographic Value
Total Population4,040
Median Age43.5
White91.8%
Black or African American1.1%
Asian0.3%
Hispanic or Latino2.1%
Other / Two or More Races4.7%
Marshall, Illinois — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 91.8%Other: 4.7%Hispanic/Latino: 2.1%Other: 1.4%4,040PopulationWhiteWhite91.8%OtherOther4.7%Hispanic/LatinoHispanic/Latino2.1%OtherOther1.4%

Income & Economy

The median household income in Marshall is $76,250, which is 5.4% below the national median of $80,610. The per capita income is $37,357. The poverty rate is 6.8%.

$76,250
Median Household Income
$37,357
Per Capita Income
6.8%
Poverty Rate

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Education

In Marshall, 94.5% of residents age 25+ have a high school diploma or higher, and 30.9% hold a bachelor's degree or higher (14.2% with a graduate or professional degree).

HS Diploma+
94.5%
Bachelor's+
30.9%
Graduate+
14.2%
Education Level % of Adults (25+)
High School Diploma or Higher94.5%
Bachelor's Degree or Higher30.9%
Graduate or Professional Degree14.2%

Housing

The median home value in Marshall is $118,500, below the national median of $303,400. The median monthly rent is $867. The homeownership rate is 66.9%.

$118,500
Median Home Value
$867/mo
Median Rent
66.9%
Homeownership Rate
Housing Metric Value
Median Home Value$118,500
Median Monthly Rent$867
Homeownership Rate66.9%
Vacancy Rate8.8%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Marshall, Illinois?
The population of Marshall, Illinois is 4,040 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Marshall, Illinois?
The median household income in Marshall, Illinois is $76,250. This is 5.4% below the national median of $80,610.
What is the median home value in Marshall, Illinois?
The median home value in Marshall, Illinois is $118,500. The median monthly rent is $867.
What percentage of people in Marshall have a college degree?
In Marshall, Illinois, 30.9% of adults age 25 and older hold a bachelor's degree or higher, and 94.5% have a high school diploma or higher.
Is Marshall, Illinois an affordable place to live?
The home price-to-income ratio in Marshall, Illinois is 1.6x (median home value $118,500 vs. median income $76,250), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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