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Cost of Living in Marshall County, TN

Population 36,049 · Census ACS 2020–2024 5-year estimates

Median rent$946
Median home value$279,800
Median household income$71,049

The median rent in Marshall County, TN is $946/month, 20% lower than the Tennessee median and 33% lower than the U.S. median. The median home value is $279,800, 16% lower than the national median. Households earn a median of $71,049 a year, 2% higher than the state median.

Affordability

Rent as a share of median income: 16.0%
Income needed for median rent (30% rule): $37,840/yr
Home price-to-income ratio: 3.9×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,415/mo

Run your own numbers: mortgage calculator · hourly to salary

Marshall County vs. Tennessee vs. U.S.

Marshall CountyTennesseeU.S.
Median rent$946$1,189$1,413
Median home value$279,800$286,700$332,700
Median household income$71,049$69,595$80,734
Homeownership rate76.8%66.9%65.2%
Bachelor's degree or higher23.1%31.1%35.7%
Poverty rate11.8%13.8%12.5%
Unemployment rate3.9%4.7%5.2%
Work from home14.3%12.9%15.1%
Median age39.538.938.9

FAQ

What is the average rent in Marshall County, TN?

The median gross rent in Marshall County, TN is $946 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Marshall County, TN?

Using the common 30% rule, renting a median-priced home takes about $37,840 a year in gross income.

Is Marshall County, TN expensive to live in?

Rent there is 33% lower than the U.S. median, and the median home costs about 3.9 times the median household income.

Other counties in Tennessee

Shelby County, TNRent $1,232 · Income $63,767Davidson County, TNRent $1,582 · Income $77,853Knox County, TNRent $1,261 · Income $74,222Hamilton County, TNRent $1,253 · Income $76,183Rutherford County, TNRent $1,502 · Income $85,470Williamson County, TNRent $1,969 · Income $135,594

Counties with a similar cost of living

Peach County, GARent $940 · Income $71,293Sheridan County, WYRent $939 · Income $71,388Oneida County, NYRent $944 · Income $70,154Marshall County, INRent $938 · Income $71,808Southampton County, VARent $930 · Income $70,795Essex County, NYRent $934 · Income $71,661

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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