City

Marshall, IN

1 ZIP code  ·  Parke County  ·  Indiana

👥1,078Population
💰$46,667Median HH Income▼ 39% below avg
🎂37.1Median Age
🏠$107,900Median Home Value▼ 61% below avg
🎓19.3%College Grads▼ 50% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 47.0% Female 53.0% ♀

Race & Ethnicity

White: 93.9%Black: 5.8%Other: 0.2%Race
White93.9%
Black5.8%
Other0.2%

Age Breakdown

Under 5
7%
5–17
21%
18–24
5%
25–44
23%
45–64
30%
65+
4%

Key Indicators

Median Age37.1 yrs
Avg HH Size2.72
Below Poverty26.9% ▲ 169% above avg
College Grads19.3% ▼ 50% below avg
HS Graduate324 (58.5%)
Some College53 (9.6%)
Associates70 (12.6%)
Bachelors48 (8.7%)
Graduate Degree59 (10.6%)

Education

HS Grad: 58.5%Some College: 9.6%Associates: 12.6%Bachelors: 8.7%Graduate: 10.6%Edu
HS Grad58.5%
Some College9.6%
Associates12.6%
Bachelors8.7%
Graduate10.6%
Housing & Income

Housing Tenure

Owner: 81.1%Renter: 18.9%Tenure
Owner81.1%
Renter18.9%

Home Value Distribution

Under $50k
18%
$50k–$100k
30%
$100k–$150k
12%
$150k–$200k
3%
$200k–$300k
3%
$300k–$500k
9%
Over $500k
26%

Financials

Median HH Income$46,667 ▼ 39% below avg
Median Home Value$107,900 ▼ 61% below avg
Home/Income Ratio2.3x (nat avg ~3.5x)
Median Rent$1,110/mo
Total Housing Units523
Vacant Units127

Income Distribution

Under $25k
19%
$25k–$50k
33%
$50k–$75k
7%
$75k–$100k
7%
$100k–$150k
11%
$150k–$200k
19%
Over $200k
4%
Employment & Commute

How People Get to Work

Drove Alone
62%
Walked
6%
Work From Home
31%

Commute Time

Under 15 min
27%
15–30 min
23%
30–45 min
29%
Over 45 min
21%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
3%
1960s–1970s
6%
1980s–1990s
31%
2000+
58%
About Marshall, IN

Marshall is a city in Indiana, located in Parke County. The city spans 1 ZIP code and is home to approximately 1,078 residents. It is a relatively young city, with a median age of 37.1 years.

Economically, Marshall is a working-class community. The median household income of $46,667 is below the national average. Approximately 26.9% of residents live below the poverty line.

The real estate market in Marshall is one of the more affordable housing markets in the country. Median home values stand at $107,900, which is well below the national average. Renters typically pay around $1,110 per month. Homeownership is high at 81.1%, typical of suburban and family-oriented communities.

The population of Marshall is less-educated. 19.3% of adults hold a bachelor's degree or higher — well below the national average. The community is primarily White (93.88%).

Marshall, IN offers residents a cost-conscious lifestyle within Indiana.

ZIP Codes in Marshall
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
47859 1,078 $46,667 $107,900 $1,110 0.0% 19.3% 81.1%