Cost of Living in Marshalltown, IA
Population: 27,491 • 2026 Data
$68,854
Median Household Income
-11% vs national
$864
Median Monthly Rent
-36% vs national
$117,100
Median Home Value
-65% vs national
4.5%
Unemployment Rate
Housing in Marshalltown
The median home value in Marshalltown, IA is $117,100. Monthly rent for a typical unit averages $864, while total monthly housing costs (including utilities and insurance) average $894.
Rent-to-income ratio: 15.1%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Marshalltown, IA is $68,854. The unemployment rate stands at 4.5%, with a labor force of 13,935 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.